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Property profile & analytics
OFF-MARKET
Turn key restaurants
5270 Chicago SE St, Turner, OR 97392-9630
Individually Owned
1-yr Hold
Free & Clear
Property ID
US71-0487453
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1943
Total area
1,575 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C2
APN
082W29DD02100
UPID
US71-0487453
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joshua J Hunsaker · 1 yrs held
Joshua J Hunsaker
since 2025
Last sale
$444,000
7 recorded transactions
Zoning & alternative use
C2 · Turner, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,954
Tax year 2021
Assessed value
$125,570
Assessed 2023
Previous assessed
$125,570
+0.0% YoY
Effective rate
1.56%
On assessed value
Land market value
$30,050
Improvement market value
$95,520
Total market value
$125,570
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1943
Heating
NONE
Stories
1
Total area
1,575 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C2
APN
082W29DD02100
UPID
US71-0487453
Jurisdiction
MARION
Zoning & alternative use
C2 · Turner, OR
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
1943
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Joshua J Hunsaker
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 401, TURNER, OR 97392-0401
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
$444,000
Joshua J Hunsaker
Renee L Pallas
Warranty Deed
—
Jan 15, 2019
$215,000
Renee L Pallas
Survivor Russell D S Trust
Warranty Deed
related
—
May 17, 2010
—
Renee Pallas
Pallas,keith
Quit Claim Deed
related
—
Dec 30, 2009
$215,000
Keith Pallas
Harper Trust
Grant Deed
—
Dec 4, 2009
—
Harper Trust
Veazie,steve C
Quit Claim Deed
related
—
Jul 2, 2007
—
Kenneth M Montgomery
Dean,paul G
Quit Claim Deed
related
—
Jun 6, 2003
$350,000
Optimize INC
Wiltsey,chad &
—
—
Oct 17, 2001
$240,000
Chad Wilsey
Squires Trust
—
—
May 16, 2000
$275,000
Russell Squires
Boehmer Trust
Grant Deed
$247,500 · Seller
Jul 25, 1997
$150,230
Boehmer Trust
Bullis,mike & Annette
Grant Deed
—
Mar 18, 1996
$180,000
Mike Bullis
Wilson,kent
Grant Deed
$94,589 · Seller
Apr 10, 1995
$179,000
Kent J Wilson
Setzer,robert K
Grant Deed
$9,460 · Oregon Preferred Properties In
Jun 8, 1994
—
Robert K Setzer
Brewer,rhonda J
Grant Deed
related
—
Jan 17, 1992
$80,000
Rhonda J Brewer
Unknown
Grant Deed
—
—
—
Robert K Setzer
—
Deed Of Trust
related
$111,506 · Individual
—
—
Rhonda J Brewer
—
Deed Of Trust
related
$40,000 · Individual
—
—
Robert K Setzer
—
Deed Of Trust
related
$2,100 · Individual
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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