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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Warehouses
6061 Crater Lk Hwy Central Point, OR 97502-8424
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US71-0265352
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Total area
5,120 SF
Lot
5 ac (217,800 SF)
Zoning code
I-L
APN
1-0180780
UPID
US71-0265352
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
$665k
Comparable Approach
Comparable
$726k
Blend (final)
Blend
$625k
Owner & transaction history
Leonardo Properties LLC · 16 yrs held
Leonardo Properties LLC
since 2010
6 recorded transactions
Zoning & alternative use
I-L · Central Point, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$830,000
+72.9%
Retail stores
$815,000
+69.9%
Commercial (general)
$745,000
+55.2%
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 Central Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central 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%
$720,000
6.5%
$665,000
7%
$620,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$480,000
Current use
AUTO REPAIR, GARAGE
$830,000
Change: +73% · Conversion: Easy
RETAIL STORES
$815,000
Change: +70% · Conversion: Moderate
COMMERCIAL (GENERAL)
$745,000
Change: +55% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$500,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$122 / 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
$6,817
Tax year 2023
Assessed value
$541,030
Assessed 2023
Previous assessed
$525,280
+3.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$274,990
Assessed improvement
$266,040
Land market value
$324,280
Improvement market value
$313,720
Total market value
$638,000
Applied tax rate
628.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Total area
5,120 SF
Lot
5 ac (217,800 SF)
Zoning code
I-L
APN
1-0180780
UPID
US71-0265352
Jurisdiction
JACKSON
Zoning & alternative use
I-L · Central Point, OR
Zoning I-L · permitted uses
I-L · Central Point, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Central Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$480,000
AUTO REPAIR, GARAGE
Est. value
$830,000
RETAIL STORES
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$745,000
INDUSTRIAL (GENERAL)
Est. value
$500,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
Heating
NONE
Lot
5 ac
Current owner
From public records · entity-resolved
Leonardo Properties LLC
Entity
Mailing address
PO BOX 1143, EAGLE POINT, OR 97524-1143
Ownership since
2010
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
Apr 23, 2010
$950,000
Leonardo Properties LLC
Wdl Rental & Sales INC
Warranty Deed
$600,000 · Umpqua Bank
Mar 1, 1989
$135,000
W D L Rental & Sales INC
Westwind Development INC
Grant Deed
related
—
Apr 6, 1984
$170,000
Westwind Development INC
Walch,betty Ring
Grant Deed
related
—
—
—
Panther Crushing Co INC
—
Deed Of Trust
related
$500,000 · Premierwest Bank
—
—
Panther Crushing Co INC
—
Deed Of Trust
related
$240,000 · Premierwest Bank
—
—
Panther Crushing Co INC
—
Deed Of Trust
related
$150,000 · Premierwest 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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