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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Auto shops
525 3rd St Bend, OR 97702-1661
Entity Owned
4-yr Hold
Free & Clear
Property ID
US71-1121562
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1979
Total area
1,879 SF
Lot
0.22 ac (9,583 SF)
APN
181204 BC 05601
UPID
US71-1121562
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
Current use
Occupant on record · Public records
-
Prolube/Mobil1 Lube Express Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
Kilmartin Property Holdings LLC · 4 yrs held
Kilmartin Property Holdings LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
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 Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bend 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
$1,760,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±10% · vs last sale $1.85M (Jan 28 2022)
Last sale anchor
$1.85M
Jan 28 2022
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
$969 / 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
$4,460
Tax year 2023
Assessed value
$279,010
Assessed 2023
Previous assessed
$263,000
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$425,840
Improvement market value
$757,810
Total market value
$1,183,650
Applied tax rate
1,001.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1979
Heating
NONE
Total area
1,879 SF
Lot
0.22 ac (9,583 SF)
APN
181204 BC 05601
UPID
US71-1121562
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Kilmartin Property Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1415 OAKDALE AVE, SAN FRANCISCO, CA 94124-2725
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
$1,850,000
Kilmartin Property Holdings LLC
Sly Properties LLC
Warranty Deed
—
Dec 13, 2021
—
Mclanic Saadeh
Sly Properties LLC
Bargain And Sale Deed
—
Jul 12, 2021
—
Sly Properties LLC
Thompson Jackson LP
Intrafamily Transfer
related
—
Mar 3, 2017
$900,000
Thompson Jackson Limited Partnershi
Deanna Alacano
Warranty Deed
$900,000 · Jpmorgan Chase Bank NA
Dec 4, 2015
—
Stevens,kenneth D Trust
Stevens Kenneth D Trust
Quit Claim Deed
related
—
Dec 1, 2014
—
Gregory,margaret L Living Trust
Gregory,margaret L
Quit Claim Deed
related
—
Mar 24, 2014
—
Gregory,margaret L Living Trust
Gregory,margaret L
Quit Claim Deed
related
—
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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