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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Retail properties & Spaces
5175 Chicago SE St, Turner, OR 97392-9632
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US71-0614315
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1996
Total area
3,856 SF
Lot
1.1 ac (47,916 SF)
Zoning code
M1
APN
082W29DB07300
UPID
US71-0614315
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$911k
Blend (final)
Blend
$910k
Owner & transaction history
Palburco Properties LLC · 18 yrs held
Palburco Properties LLC
since 2008
6 recorded transactions
Zoning & alternative use
M1 · Turner, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+139.8%
Medical building
$1.2M
+115.9%
Office building
$1.1M
+83.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Turner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Turner submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$575,000
Current use
AUTO REPAIR, GARAGE
$1,375,000
Change: +140% · Conversion: Difficult
MEDICAL BUILDING
$1,240,000
Change: +116% · Conversion: Difficult
OFFICE BUILDING
$1,055,000
Change: +84% · Conversion: Difficult
COMMERCIAL (GENERAL)
$770,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$760,000
Change: +32% · Conversion: Difficult
WAREHOUSE, STORAGE
$740,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$236 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$7,500
Tax year 2021
Assessed value
$511,410
Assessed 2023
Previous assessed
$496,520
+3.0% YoY
Effective rate
1.47%
On assessed value
Land market value
$161,510
Improvement market value
$617,220
Total market value
$778,730
Applied tax rate
5,900.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1996
Heating
NONE
Buildings
4
Stories
1
Total area
3,856 SF
Lot
1.1 ac (47,916 SF)
Zoning code
M1
APN
082W29DB07300
UPID
US71-0614315
Jurisdiction
MARION
Zoning & alternative use
M1 · Turner, OR
Zoning M1 · permitted uses
M1 · Turner, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Turner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$770,000
RETAIL STORES
Est. value
$760,000
WAREHOUSE, STORAGE
Est. value
$740,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Buildings
4
Lot
1.1 ac
Current owner
From public records · entity-resolved
Palburco Properties LLC
Entity
Mailing address
PO BOX 418, TURNER, OR 97392-0418
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2021
—
Palburco Properties LLC
—
Deed
related
$315,547 · Steven Burch
Aug 14, 2020
—
Palburco Properties LLC
—
Deed
related
$200,000 · Pioneer Tr Bk
May 22, 2008
—
Palburco Properties LLC
Bensink,william H & Marilyn
Warranty Deed
$566,000 · West Coast Bank
May 4, 1988
$25,000
William H Bensink
Unknown
Grant Deed
—
—
—
Palburco Properties LLC
—
Deed Of Trust
related
$200,000 · Pioneer Tr Bk
—
—
Palburco Properties LLC
—
Deed Of Trust
related
$315,547 · Steven Burch
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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