Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Medical Office Space
530 Dietz NE Ave Keizer, OR 97303-4615
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0859186
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2005
Total area
3,927 SF
Lot
0.23 ac (10,019 SF)
Zoning code
MU
APN
073W02CA08101
UPID
US71-0859186
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
$810k
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$940k
Owner & transaction history
Lamgroot LLC · 5 yrs held
Lamgroot LLC
since 2020
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
MU · Keizer, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to promote development that combines differing uses (permitted or special permitted) in a single building or complex.
Zone name
Mixed Use
General category
MIXED_USE
Zone area
304.82 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.4M
+5.6%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$810,000
7%
$750,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,325,000
Current use
AUTO REPAIR, GARAGE
$1,400,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$1,090,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $900k (Dec 23 2020)
Last sale anchor
$900k
Dec 23 2020
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
$239 / 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
$8,504
Tax year 2023
Assessed value
$512,670
Assessed 2023
Previous assessed
$497,740
+3.0% YoY
Effective rate
1.66%
On assessed value
Land market value
$82,180
Improvement market value
$596,390
Total market value
$678,570
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
3,927 SF
Lot
0.23 ac (10,019 SF)
Zoning code
MU
APN
073W02CA08101
UPID
US71-0859186
Jurisdiction
MARION
Zoning & alternative use
MU · Keizer, ORZoning MU · permitted uses
MU · Keizer, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to promote development that combines differing uses (permitted or special permitted) in a single building or complex.
Zone name
Mixed Use
General category
MIXED_USE
Zone area
304.82 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2005
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Lamgroot LLC
Entity
Mailing address
875 OAK ST SE STE #5070, SALEM, OR 97301-3998
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2021
—
Thousand Oaks North LLC
—
Deed
related
—
Dec 23, 2020
$900,000
Lamgroot LLC
Salem Health
Warranty Deed
$750,000 · Pioneer Tr Bk
Aug 16, 2016
$750,000
Salem Health
Pw Investing LLC
Warranty Deed
—
Aug 16, 2016
—
Pw Investing LLC
Mid-valley Family Physicians L
Grant Deed
related
—
Aug 31, 2007
$750,000
Pw Investing LLC
Thousand Oaks North LLC
Warranty Deed
$380,050 · Pioneer Trust Bank NA
Sep 16, 1997
—
Thousand Oaks North LLC
Boese,dale D & Eleanor J
Grant Deed
related
—
—
—
Thousand Oaks North LLC
—
Deed Of Trust
related
—
—
—
Thousand Oaks North LLC
—
Deed Of Trust
related
$238,000 · Us Bank Trust Co
—
—
Pw Investing LLC
—
Deed Of Trust
related
$318,000 · Cascade West Fin'l Svcs INC
—
—
Thousand Oaks North LLC
—
Deed Of Trust
related
$372,000 · Us Bank NA
—
—
Dale D Boese
—
Deed Of Trust
related
$455,000 · Commercial Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 530 Dietz NE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
