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Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Office buildings
5845 Shoreview N Ln, Keizer, OR 97303-3866
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US71-0932971
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
6,438 SF
Lot
0.38 ac (16,553 SF)
Zoning code
MU
APN
063W35BC08300
UPID
US71-0932971
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
$2.28M
Blend (final)
Blend
$2.21M
Owner & transaction history
Rba Building Ents LLC · 11 yrs held
Rba Building Ents LLC
since 2014
5 recorded transactions
Zoning & alternative use
MU · Keizer, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+58.8%
Auto repair, garage
$2.3M
+28.6%
Medical building
$2.2M
+21.8%
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 Keizer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Keizer 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
$1,785,000
Current use
RESTAURANT
$2,840,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,300,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$2,175,000
Change: +22% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,690,000
Change: -6% · Conversion: Easy
RETAIL STORES
$1,585,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$2.21M
Range $1.98M – $2.43M · ±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
$342 / 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
$16,449
Tax year 2023
Assessed value
$991,710
Assessed 2023
Previous assessed
$962,830
+3.0% YoY
Effective rate
1.66%
On assessed value
Land market value
$264,850
Improvement market value
$1,359,240
Total market value
$1,624,090
Applied tax rate
24,200.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Stories
2
Total area
6,438 SF
Lot
0.38 ac (16,553 SF)
Zoning code
MU
APN
063W35BC08300
UPID
US71-0932971
Jurisdiction
MARION
Zoning & alternative use
MU · Keizer, OR
Zoning MU · permitted uses
MU · Keizer, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Keizer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1999
Heating
NONE
Stories
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Rba Building Ents LLC
Entity
Mailing address
5845 SHOREVIEW LN N, KEIZER, OR 97303-3866
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
—
Rba Building Ent LLC
—
Deed
related
$1,090,000 · Summit Bk
Dec 4, 2014
$1,200,000
Rba Building Ents LLC
Walsh & Manning Properties LLC
Grant Deed
$1,200,000 · Pacific Cont'l Bk
—
—
Walsh & Manning Properties LLC
—
Deed Of Trust
related
$620,000 · Bank Of Salem
—
—
Rba Building Ent LLC
—
Deed Of Trust
related
$1,090,000 · Summit Bk
—
—
Walsh Properties
—
Deed Of Trust
related
$742,500 · Maps Cu
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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