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Property profile & analytics
OFF-MARKET
Estimated value
$5,425,000
Grocery and convenience stores
585 Siskiyou Blvd, Ashland, OR 97520-2137
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0628793
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1997
Total area
23,910 SF
Lot
2.12 ac (92,347 SF)
Zoning code
C-1
APN
1-0063370
UPID
US71-0628793
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Cardtronics ATM Atm
-
Western Union Bank Credit Union
-
Starbucks Cafe & Coffee Shop
-
Safeway Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.09M
Comparable Approach
Comparable
$6.24M
Blend (final)
Blend
$5.43M
Owner & transaction history
Ardell Investment Co · 10 yrs held
Ardell Investment Co
since 2016
2 recorded transactions
Zoning & alternative use
C-1 · Ashland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.9M
+64.9%
Restaurant
$5.9M
+41.6%
Medical building
$5.6M
+35.2%
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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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%
$5,515,000
6.5%
$5,090,000
7%
$4,725,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,170,000
Current use
COMMERCIAL (GENERAL)
$6,875,000
Change: +65% · Conversion: Easy
RESTAURANT
$5,905,000
Change: +42% · Conversion: Easy
MEDICAL BUILDING
$5,640,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,535,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,870,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$5.43M
Range $4.88M – $5.97M · ±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
$227 / 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
$59,005
Tax year 2023
Assessed value
$3,708,120
Assessed 2023
Previous assessed
$3,600,120
+3.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$1,411,300
Assessed improvement
$2,296,820
Land market value
$2,419,570
Improvement market value
$2,673,380
Total market value
$5,092,950
Applied tax rate
501.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1997
Heating
NONE
Total area
23,910 SF
Lot
2.12 ac (92,347 SF)
Zoning code
C-1
APN
1-0063370
UPID
US71-0628793
Jurisdiction
JACKSON
Zoning & alternative use
C-1 · Ashland, OR
Zoning C-1 · permitted uses
C-1 · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$6.9M
RESTAURANT
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$5.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$3.9M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1997
Heating
NONE
Lot
2.12 ac
Current owner
From public records · entity-resolved
Ardell Investment Co
Entity
Free & Clear · 10 yrs held
Mailing address
567 SAN NICOLAS DR STE #220, NEWPORT BEACH, CA 92660-6510
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2016
$7,249,000
Ardell Investment Co
Gig Tcg Wave Master Prop Owner
Grant Deed
—
Oct 15, 1982
$122,000
Safeway Stores INC
—
Grant 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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