New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,930,000
Automotive properties
555 Federal Way, Central Point, OR 97502-3668
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0242424
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2009
Total area
59,066 SF
Lot
8.27 ac (360,241 SF)
Zoning code
M-1
APN
1-0988611
UPID
US71-0242424
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
$6.34M
Blend (final)
Blend
$5.93M
Owner & transaction history
Tomchi Oregon LLC · 8 yrs held
Tomchi Oregon LLC
since 2017
7 recorded transactions
Zoning & alternative use
M-1 · Central Point, 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 Central Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central Point 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
AUTO REPAIR, GARAGE
$9,555,000
Current use
RETAIL STORES
$9,390,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,580,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$5.93M
Range $5.34M – $6.52M · ±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
$100 / 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
$167,120
Tax year 2023
Assessed value
$9,711,730
Assessed 2023
Previous assessed
$9,428,870
+3.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$2,657,340
Assessed improvement
$7,054,390
Land market value
$2,716,240
Improvement market value
$11,945,250
Total market value
$14,661,490
Applied tax rate
4,949.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2009
Heating
NONE
Buildings
2
Total area
59,066 SF
Lot
8.27 ac (360,241 SF)
Zoning code
M-1
APN
1-0988611
UPID
US71-0242424
Jurisdiction
JACKSON
Zoning & alternative use
M-1 · Central Point, OR
Zoning M-1 · permitted uses
M-1 · Central Point, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Central Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$9.6M
RETAIL STORES
Est. value
$9.4M
COMMERCIAL (GENERAL)
Est. value
$8.6M
AUTO REPAIR, GARAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
2009
Heating
NONE
Buildings
2
Lot
8.27 ac
Current owner
From public records · entity-resolved
Tomchi Oregon LLC
Entity
Free & Clear · 8 yrs held
Mailing address
6029 S RAINBOW BLVD, LAS VEGAS, NV 89118-2568
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2017
$15,900,000
Tomchi Oregon LLC
Berdan Federal Way LLC
Grant Deed
—
Jan 8, 2010
—
Berdan Federal Way LLC
Berdan Holdings LLC
Bargain And Sale Deed
$5,370,000 · Wells Fargo Bank NA
Jul 27, 2009
$7,260,000
Berdan Holdings LLC
Jones Medford LLC
Grant Deed
—
Oct 21, 2008
$2,520,468
Jones Medford LLC
Galpin Holdings LLC
Grant Deed
$6,785,000 · Commerce Bank NA
Jul 18, 2008
$796,059
Owner Name Unavailable
Jones Medford LLC
Warranty Deed
related
—
—
—
Berdan Federal Way LLC
—
Loan Modification
related
$4,657,440 · Wells Fargo Bk
—
—
Berdan Federal Way LLC
—
Loan Modification
related
$3,200,000 · Wells Fargo Bk
—
—
Berdan Federal Way LLC
—
Loan Modification
related
$7,665,537 · Wells Fargo 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.
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 555 Federal Way?
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.