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Property profile & analytics
FOR SALE
Commercial land
5860 Mcleod Ln NE, Keizer, OR 97303
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0803106
For Sale
Contact for pricing
5860 Mcleod Ln NE, Keizer, OR 97303
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1947
Total area
1,104 SF
Lot
1.8 ac (78,408 SF)
Zoning code
CM
APN
063W36BC06200
UPID
US71-0803106
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Keizer Retail Center LLC · 1 yrs held
Keizer Retail Center LLC
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
CM · Keizer, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$17,905
Tax year 2023
Assessed value
$1,079,500
Assessed 2023
Previous assessed
$1,048,060
+3.0% YoY
Effective rate
1.66%
On assessed value
Land market value
$1,204,350
Total market value
$1,204,350
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1947
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,104 SF
Lot
1.8 ac (78,408 SF)
Zoning code
CM
APN
063W36BC06200
UPID
US71-0803106
Jurisdiction
MARION
Zoning & alternative use
CM · Keizer, OR
Zoning CM · permitted uses
CM · 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.
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Stories
1
Bathrooms
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Keizer Retail Center LLC
Entity
Mailing address
2925 RYAN DR SE, SALEM, OR 97301-9687
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2025
—
Keizer Retail Center LLC
—
Deed
related
$1,225,000 · Umpqua Bank
May 7, 2025
$2,450,000
Keizer Retail Center LLC
Radiology Properties LLC
Warranty Deed
—
Dec 2, 2020
—
Radiology Properties LLC
—
Deed
related
$1,470,000 · Pioneer Tr Bk
May 11, 2018
—
Radiology Properties LLC
—
Deed
related
$125,000 · Pioneer Tr Bk
Jul 8, 2016
—
Radiology Properties LLC
—
Deed
related
—
Mar 2, 2011
$1,411,344
Radiology Properties LLC
Urban Renewal Agcy Of City/keiz
Warranty Deed
$1,058,000 · Pioneer Tr Bk
Mar 6, 2006
$320,000
Urban Renewal Agcy Of City/keizer
Ficek,rosalie
Warranty Deed
—
—
—
Radiology Properties LLC
—
Loan Modification
related
—
—
—
Radiology Properties LLC
—
Deed Of Trust
related
$125,000 · Pioneer Tr Bk
—
—
Radiology Properties LLC
—
Deed Of Trust
related
$1,470,000 · Pioneer Tr Bk
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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