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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Commercial land
577 Matt Loop Phoenix, OR 97535
Entity Owned
4-yr Hold
Free & Clear
Property ID
US71-1284278
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1952
Total area
3,467 SF
Lot
4.74 ac (206,474 SF)
Zoning code
GC
APN
1-0019307
UPID
US71-1284278
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
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$853k
Blend (final)
Blend
$1.37M
Owner & transaction history
Mrvp LLC · 4 yrs held
Mrvp LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
GC · Phoenix, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$875,000
+47.9%
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$1,275,000
ML approach
$1,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$875,000
Change: +48% · Conversion: Easy
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.45M (Mar 31 2022)
Last sale anchor
$1.45M
Mar 31 2022
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
$394 / 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
$23,526
Tax year 2023
Assessed value
$1,575,790
Assessed 2023
Previous assessed
$1,529,900
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$1,575,790
Land market value
$2,762,620
Total market value
$2,762,620
Applied tax rate
407.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1952
Heating
NONE
Total area
3,467 SF
Lot
4.74 ac (206,474 SF)
Zoning code
GC
APN
1-0019307
UPID
US71-1284278
Jurisdiction
JACKSON
Zoning & alternative use
GC · Phoenix, OR
Zoning GC · permitted uses
GC · Phoenix, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$875,000
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
1952
Heating
NONE
Lot
4.74 ac
Current owner
From public records · entity-resolved
Mrvp LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 2145, BUTTE FALLS, OR 97522
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2023
—
Mrvp LLC
—
Deed
related
$4,033,110 · Idaho First Bank
Mar 31, 2022
$1,450,000
Mrvp LLC
Starlite Properties LLC
Warranty Deed
—
May 12, 2008
—
Starlight Properties LLC
Naumes Peter T
Grant Deed
—
May 2, 2008
—
Starlite Properties LLC
Starlight Props LLC
Quit Claim Deed
related
—
Feb 1, 2008
—
Naumes,roberta M Trust Etal
Naumes,peter T
Quit Claim Deed
related
—
Jul 12, 2006
—
Peter T Etal Naumes
Naumes,peter T
Quit Claim Deed
related
—
Jul 15, 2005
$1,690,284
Les Schwab Tire Centers Of Oregon
Naumes,peter T
Warranty Deed
—
Jul 15, 2005
—
Peter T Naumes
Starlite Properties LLC
Grant Deed
—
Feb 5, 2002
$600,000
Starlite Properties LLC
Naumes,peter T & Roberta
Grant Deed
—
Dec 18, 1989
$400,000
Farmers Finance Corporation
Ore-calif Theatres INC
Grant Deed
related
—
—
—
Peter T Naumes
—
Deed Of Trust
related
$400,000 · Premierwest Bank
—
—
Peter T Naumes
—
Deed Of Trust
related
$750,000 · Premierwest Bank
—
—
Peter T Naumes
—
Deed Of Trust
related
$600,000 · Premierwest 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.
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