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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Motels
5188 Wittenberg NE Ln, Keizer, OR 97303-4442
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0471885
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1997
Total area
68,457 SF
Lot
3.65 ac (158,994 SF)
Zoning code
MU
APN
063W35CD09500
UPID
US71-0471885
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
$2.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Jasvir Singh Dhaiiwai · 1 yrs held
Jasvir Singh Dhaiiwai
since 2024
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
MU · Keizer, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Keizer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Keizer 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
$2,800,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (Oct 18 2024)
Last sale anchor
$2.80M
Oct 18 2024
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
$41 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$92,405
Tax year 2023
Assessed value
$5,633,500
Assessed 2023
Previous assessed
$5,500,000
+2.4% YoY
Effective rate
1.64%
On assessed value
Land market value
$1,049,900
Improvement market value
$4,583,600
Total market value
$5,633,500
Applied tax rate
24,200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1997
Heating
NONE
Stories
2
Total area
68,457 SF
Lot
3.65 ac (158,994 SF)
Zoning code
MU
APN
063W35CD09500
UPID
US71-0471885
Jurisdiction
MARION
Zoning & alternative use
MU · Keizer, OR
Zoning MU · permitted uses
MU · Keizer, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Keizer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
2
Lot
3.65 ac
Current owner
From public records · entity-resolved
Jasvir Singh Dhaiiwai
Individual
Mailing address
5188 WITTENBERG LN NE, KEIZER, OR 97303-4442
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2024
$14,000,000
Jasvir Singh Dhaiiwai
Keizer Hotel Corp
Special Warranty Deed
$9,800,000 · Rogue FCU
Jun 19, 2018
—
Keizer Hotel Corp
—
Deed
related
$3,540,000 · United Busn Bk
Mar 31, 2014
—
Keizer Hotel Corp
Chaudhary,harpreet S
Grant Deed
related
$2,200,000 · Bay Com'l Bk
Jul 1, 2013
—
Harpreet S Chaudhary
—
Trustees Deed
related
$1,800,000 · Bay Commercial Bank
Jun 28, 2013
$2,800,000
Harpreet S Chaudhary
Keizer Hospitality INC
Warranty Deed
—
Oct 11, 2006
—
Wittenberg Inn Suites LLC
Senior Management Co LLC
Quit Claim Deed
related
—
Oct 11, 2006
$3,650,000
Keizer Hospitality INC
Wittenberg Inn Suites LLC
Warranty Deed
—
Jan 5, 2004
—
Wittenberg Inn Suites LLC
Team Management Co LLC
Grant Deed
related
—
—
—
Keizer Hotel Corp
—
Deed Of Trust
related
$3,540,000 · United Busn Bk
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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