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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Office buildings
56842 Venture Ln, Sunriver, OR 97707
Trust Owned
11-yr Hold
Free & Clear
Property ID
US71-0806054
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
5,934 SF
Lot
1.26 ac (54,886 SF)
APN
201105 DC 00700
UPID
US71-0806054
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
$1.87M
Blend (final)
Blend
$1.87M
Owner & transaction history
Nicol,gorham D Trust|nicol,robin H Trust · 11 yrs held
Nicol,gorham D Trust|nicol,robin H Trust
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.4M
+28.7%
Auto repair, garage
$2.3M
+21.8%
Apartment house (5+ units)
$2.3M
+21.6%
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 Sunriver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunriver 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
OFFICE BUILDING
$1,860,000
Current use
RETAIL STORES
$2,395,000
Change: +29% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,270,000
Change: +22% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,265,000
Change: +22% · Conversion: Easy
RESTAURANT
$2,200,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$1,895,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±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
$315 / 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
$14,319
Tax year 2023
Assessed value
$939,570
Assessed 2023
Previous assessed
$904,810
+3.8% YoY
Effective rate
1.52%
On assessed value
Land market value
$295,240
Improvement market value
$644,330
Total market value
$939,570
Applied tax rate
1,098.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Heating
NONE
Total area
5,934 SF
Lot
1.26 ac (54,886 SF)
APN
201105 DC 00700
UPID
US71-0806054
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
RETAIL STORES
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
RESTAURANT
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.9M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL 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
2006
Heating
NONE
Lot
1.26 ac
Current owner
From public records · entity-resolved
Nicol,gorham D Trust|nicol,robin H Trust
Trust
Free & Clear · 11 yrs held
Mailing address
PO BOX 3367, SUNRIVER, OR 97707-0367
Ownership since
2015
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
Mar 2, 2015
—
Nicol,gorham D Trust|nicol,robin H Trust
Nicol Gorham D & Robin H
Quit Claim Deed
related
—
Feb 9, 2007
—
Venture Lane LLC
Bennington Holdings LLC
Warranty Deed
—
Jan 25, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Sep 21, 2006
—
Bennington Family Trust
Bennington,chester E & Mary W
Quit Claim Deed
related
—
Apr 29, 2005
—
Chester E Bennington
American Exchange Services INC
Grant Deed
—
Feb 7, 2005
—
Chester E Bennington
Nicol,gorham D & Robin H
Warranty Deed
$270,000 · Bank Of The Cascades
—
—
Venture Lane LLC
—
Deed Of Trust
related
$75,000 · Bank Of The Cascades
—
—
Chester E Bennington
—
Deed Of Trust
related
$775,000 · Bank Of The Cascades
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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