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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Parking lots & garages
585 Nick Young Rd, Eagle Point, OR 97524-6577
Entity Owned
3-yr Hold
Free & Clear
Property ID
US71-1362466
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2006
Total area
20,000 SF
Lot
5.13 ac (223,463 SF)
Zoning code
F-5
APN
1-0815408
UPID
US71-1362466
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
Current use
Occupant on record · Public records
-
Crater Lake Academy High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.26M
Owner & transaction history
Crater Lake Academy INC · 3 yrs held
Crater Lake Academy INC
since 2022
6 recorded transactions
Zoning & alternative use
F-5 · Eagle Point, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.9M
+48.9%
Medical building
$1.7M
+37.9%
Neighborhood: shopping center
$1.3M
+4.8%
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 Eagle Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagle Point 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
PARKING LOT
$1,255,000
Current use
RETAIL STORES
$1,865,000
Change: +49% · Conversion: Difficult
MEDICAL BUILDING
$1,730,000
Change: +38% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,315,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±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
$63 / 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
Land market value
$217,690
Improvement market value
$50,770
Total market value
$268,460
Applied tax rate
903.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2006
Heating
NONE
Total area
20,000 SF
Lot
5.13 ac (223,463 SF)
Zoning code
F-5
APN
1-0815408
UPID
US71-1362466
Jurisdiction
JACKSON
Zoning & alternative use
F-5 · Eagle Point, OR
Zoning F-5 · permitted uses
F-5 · Eagle Point, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eagle Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
PARKING LOT Current
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
5.13 ac
Current owner
From public records · entity-resolved
Crater Lake Academy INC
Entity
Free & Clear · 3 yrs held
Mailing address
585 NICK YOUNG RD, EAGLE POINT, OR 97524-6577
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
—
Crater Lake Academy INC
Community Ed INC
Bargain And Sale Deed
—
Jan 24, 2014
$525,000
St John Lutheran Ch Of Eagle Pt
Eagle Point Assembly Of God
Warranty Deed
$519,422 · Lutheran Church Extension Fund
Jun 2, 2005
—
Eagle Point Assembly Of God
Assemblies Of God Oregon District
Quit Claim Deed
—
Sep 23, 2002
$90,000
Assemblies Of God Oregon Dist
Grissom,tr
Grant Deed
$90,000 · Grissom Trust
Feb 27, 1992
—
Gregg Grissom
Grissom,gregg & Ramie
Grant Deed
related
—
—
—
Assmblies Of God
—
Deed Of Trust
related
$253,750 · Church Extension Plan
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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