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Property profile & analytics
OFF-MARKET
Estimated value
$4,130,000
Office buildings
56870 Venture Ln, Sunriver, OR 97707-2090
Entity Owned
7-yr Hold
Free & Clear
Property ID
US71-1840238
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
17,200 SF
Lot
1.31 ac (57,064 SF)
APN
201105 DC 00800
UPID
US71-1840238
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
$4.13M
Blend (final)
Blend
$4.13M
Owner & transaction history
Sunriver Plaza LLC · 7 yrs held
Sunriver Plaza LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.6M
+21.8%
Apartment house (5+ units)
$6.6M
+21.6%
Restaurant
$6.4M
+18.1%
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
$5,400,000
Current use
AUTO REPAIR, GARAGE
$6,575,000
Change: +22% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,565,000
Change: +22% · Conversion: Easy
RESTAURANT
$6,370,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$5,490,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$4.13M
Range $3.72M – $4.54M · ±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
$240 / 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
$18,627
Tax year 2023
Assessed value
$1,184,860
Assessed 2023
Previous assessed
$1,116,850
+6.1% YoY
Effective rate
1.57%
On assessed value
Land market value
$136,160
Improvement market value
$1,538,990
Total market value
$1,675,150
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
1982
Heating
NONE
Total area
17,200 SF
Lot
1.31 ac (57,064 SF)
APN
201105 DC 00800
UPID
US71-1840238
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
$5.4M
AUTO REPAIR, GARAGE
Est. value
$6.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.6M
RESTAURANT
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$5.5M
OFFICE BUILDING Current
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
1982
Heating
NONE
Lot
1.31 ac
Current owner
From public records · entity-resolved
Sunriver Plaza LLC
Entity
Free & Clear · 7 yrs held
Mailing address
5771 SE INTERNATIONAL WAY, MILWAUKIE, OR 97222-4614
Ownership since
2019
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
Jul 28, 2020
—
Sunriver Plaza LLC
—
Deed
related
$1,950,000 · Selco Cmnty Cu
Jul 27, 2020
—
Sunriver Plaza LLC
—
Deed
related
$1,815,000 · Selco Community Cu
Apr 9, 2019
$1,150,000
Sunriver Plaza LLC
Splitrock Properties LLC
Warranty Deed
—
Apr 9, 2019
$488,899
Sunriver Plaza LLC
Fsr Properties LLC
Warranty Deed
—
Sep 30, 2015
—
Fsr Properties LLC
Fsr Properties LLC
Quit Claim Deed
related
—
Oct 8, 2014
$800,000
Fsr Properties LLC
Fd 2011-c1 Venture Lane LLC
Grant Deed
—
Mar 25, 2014
$1,618,886
Fd 2011-c1 Venture Lane LLC
Sheriff Of Deschutes County
Trustees Deed
—
Oct 21, 2013
—
Fd 2011-c1 Venture Lane LLC
Sunriver Plaza LLC
Deed In Lieu Of Foreclosure
related
—
Dec 30, 2005
$354,150
Geff Kinnaman
Haag,carl J
Warranty Deed
—
Mar 1, 2005
$850,000
Carl J Haag
Bennett Trust
Warranty Deed
—
Dec 1, 2004
—
Bennett Trust
Bennett,robert H & Jean P
Quit Claim Deed
related
—
Nov 30, 2004
—
Courtenay Footman
Footman Robert H Trust
Quit Claim Deed
related
—
Nov 30, 2004
$916,300
Bennett,robert H & Jean P
Footman,courtenay
Trustees Deed
$1,347,500 · Bank Of The Cascades
Nov 12, 2004
—
Bennett Trust
Hocking,f P
Grant Deed
related
—
—
—
Sunriver Plaza LLC
—
Deed Of Trust
related
$1,950,000 · Selco Cmnty Cu
—
—
Sunriver Plaza LLC
—
Deed Of Trust
related
$225,000 · Cloudbase INC Pp
—
—
Sunriver Plaza LLC
—
Deed Of Trust
related
$225,000 · Brent H Roth
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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