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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Office buildings
56890 Venture Ln, Sunriver, OR 97707-2100
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-0751852
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1992
Total area
3,472 SF
Lot
0.78 ac (33,977 SF)
APN
201105 DC 01100
UPID
US71-0751852
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
$925k
CAP Approach
CAP
$820k
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$925k
Owner & transaction history
133 Ne Greeley Properties LLC · 2 yrs held
133 Ne Greeley Properties LLC
since 2024
Last sale
$925,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+28.7%
Auto repair, garage
$1.3M
+21.8%
Medical building
$1.1M
+1.7%
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
$925,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$820,000
7%
$760,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,090,000
Current use
RETAIL STORES
$1,400,000
Change: +29% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,325,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$1,110,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $925k (Jan 4 2024)
Last sale anchor
$925k
Jan 4 2024
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
$266 / 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
$9,845
Tax year 2023
Assessed value
$630,720
Assessed 2023
Previous assessed
$630,720
+0.0% YoY
Effective rate
1.56%
On assessed value
Land market value
$293,960
Improvement market value
$383,270
Total market value
$677,230
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
1992
Heating
NONE
Total area
3,472 SF
Lot
0.78 ac (33,977 SF)
APN
201105 DC 01100
UPID
US71-0751852
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
$1.1M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1992
Heating
NONE
Lot
0.78 ac
Current owner
From public records · entity-resolved
133 Ne Greeley Properties LLC
Entity
Mailing address
740 NE 3RD ST STE #3, BEND, OR 97701-4700
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2025
—
133 Ne Greeley Properties LLC
—
Deed
related
$780,000 · First Citizens Bank & Trust Co
Mar 22, 2024
—
133 Greeley Properties LLC
—
Deed
related
$250,000 · First Citizens Bank & Trust Co
Jan 4, 2024
$925,000
133 Ne Greeley Properties LLC
Mitchell Holdings Sunriver II LLC
Warranty Deed
$476,250 · First Citizens Bank & Trust Co
Jan 26, 2022
$650,000
Mitchell Holding Sunriver II LLC
Jpd1931 LLC
Warranty Deed
—
Apr 15, 2019
—
Jpdl1931 LLC
Pope Donald L Trust
Warranty Deed
related
—
Nov 25, 2013
—
Bloomer,christopher C & L Trust
Bloomer,christopher C & Lori L
Quit Claim Deed
related
—
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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