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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Turn key restaurants
5911 Hwy 101, Lincoln City, OR 97367-1209
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0893629
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2021
Total area
15,293 SF
Lot
0.4 ac (17,424 SF)
Zoning code
R-C;RECREATIONAL COMMERCI
APN
07-11-34-AD-00400-00
UPID
US71-0893629
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
$835k
Owner & transaction history
Siletz Bay Holdings LLC · 5 yrs held
Siletz Bay Holdings LLC
since 2021
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
R-C;RECREATIONAL COMMERCI · Lincoln City, 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 Lincoln City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln City 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
$1,005,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $750k (Apr 1 2021)
Last sale anchor
$750k
Apr 1 2021
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
$55 / 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
$70,829
Tax year 2023
Assessed value
$4,147,960
Assessed 2023
Previous assessed
$1,741,520
+138.2% YoY
Effective rate
1.71%
On assessed value
Land market value
$1,337,630
Improvement market value
$6,387,720
Total market value
$7,725,350
Applied tax rate
402.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2021
Heating
HEAT PUMP
Total area
15,293 SF
Lot
0.4 ac (17,424 SF)
Zoning code
R-C;RECREATIONAL COMMERCI
APN
07-11-34-AD-00400-00
UPID
US71-0893629
Jurisdiction
LINCOLN
Zoning & alternative use
R-C;RECREATIONAL COMMERCI · Lincoln City, OR
Zoning R-C;RECREATIONAL COMMERCI · permitted uses
R-C;RECREATIONAL COMMERCI · Lincoln City, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
HEAT PUMP
Lot
0.4 ac
Current owner
From public records · entity-resolved
Siletz Bay Holdings LLC
Entity
Mailing address
PO BOX 189, PACIFIC CITY, OR 97135-0189
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2022
—
Siletz Bay Holdings LLC
—
Deed
related
$2,000,000 · Pioneer Trust Bank NA
Jul 1, 2021
—
Siletz Bay Holdings LLC
—
Deed
related
$7,875,000 · Pioneer Trust Bank NA
Apr 1, 2021
—
Siletz Bay Holdings LLC
Lincoln City Urban Renewal Age
Grant Deed
related
—
Jan 23, 2020
$1,433,000
Siletz Bay Holdings LLC
John H Haines
Warranty Deed
related
$931,450 · Washington Fed'l Bk
Jan 16, 2020
—
John H Haines
John H Haines
Quit Claim Deed
related
—
Mar 6, 2019
—
Lincoln City Bay House Rentals
Haines,john H
Grant Deed
related
—
Feb 12, 2019
—
John H Haines
—
Deed
related
$616,000 · Oregon Pacific Bank
Nov 2, 2018
—
John H Haines
Haines,joy M
Quit Claim Deed
related
—
Dec 15, 2014
—
Joy M Living Trust|haine Haines
Haines,john H & Joy M
Quit Claim Deed
related
—
Sep 26, 2012
—
John H Haines
Haines,john H
Quit Claim Deed
related
—
Sep 14, 2012
$750,000
John H Haines
Boyd Family Trust
Warranty Deed
—
Dec 13, 2005
—
David E Hearing
Citizens Bank
Quit Claim Deed
related
—
Dec 13, 2005
$1,000,000
Boyd Family Trust
Bourne,jim & Mollie
Warranty Deed
$500,000 · Jim & Mollie Bourne
—
—
Boyd Family Trust
—
Deed Of Trust
related
$500,000 · Us Bank NA
—
—
John H Haines
—
Deed Of Trust
related
$575,000 · Pacific Continental 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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