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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
610 Newport Ave Hermiston, OR 97838-2585
Individually Owned
5-yr Hold
Free & Clear
Property ID
US71-0708754
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1972
Total area
924 SF
Lot
0.82 ac (35,719 SF)
Zoning code
R-3
APN
4N2811CD00500
UPID
US71-0708754
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
Floyd Fulton · 5 yrs held
Floyd Fulton
since 2021
Last sale
$460,000
3 recorded transactions
Zoning & alternative use
R-3 · Hermiston, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ESTABLISHMENT OF ZONES. § 157.016 ZONING MAP. Article III RESIDENTIAL ZONES § 157.025 LOW DENSITY RESIDENTIAL ZONE (R-1). § 157.026 MEDIUM DENSITY RESIDENTIAL ZONE (R-2). § 157.027 MEDIUM-HIGH DENSITY RESIDENTIAL ZONE (R-3). § 157.028 MULTI-STRUCTURE RESIDENTIAL ZONE (R-4). § 157.029 RECREATIONAL RESIDENTIAL ZONE (RR). Article IV COMMERCIAL ZONES § 157.040 C…
Zone name
Medium High Density Residential
General category
RESIDENTIAL
Zone area
648.10 ac
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 Hermiston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermiston 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
$4,082
Tax year 2023
Assessed value
$189,450
Assessed 2023
Previous assessed
$183,940
+3.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$11,330
Assessed improvement
$178,120
Land market value
$33,360
Improvement market value
$518,820
Total market value
$552,180
Applied tax rate
801.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1972
Heating
NONE
Stories
1
Rooms
4
Total area
924 SF
Lot
0.82 ac (35,719 SF)
Zoning code
R-3
APN
4N2811CD00500
UPID
US71-0708754
Jurisdiction
UMATILLA
Zoning & alternative use
R-3 · Hermiston, ORZoning R-3 · permitted uses
R-3 · Hermiston, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ESTABLISHMENT OF ZONES. § 157.016 ZONING MAP. Article III RESIDENTIAL ZONES § 157.025 LOW DENSITY RESIDENTIAL ZONE (R-1). § 157.026 MEDIUM DENSITY RESIDENTIAL ZONE (R-2). § 157.027 MEDIUM-HIGH DENSITY RESIDENTIAL ZONE (R-3). § 157.028 MULTI-STRUCTURE RESIDENTIAL ZONE (R-4). § 157.029 RECREATIONAL RESIDENTIAL ZONE (RR). Article IV COMMERCIAL ZONES § 157.040 CENTRAL COMMERCIAL ZONE (C-1). § 157.041 OUTLYING COMMERCIAL ZONE (C-2). § 157.042
Zone name
Medium High Density Residential
General category
RESIDENTIAL
Zone area
648.10 ac
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
1
Rooms
4
Lot
0.82 ac
Current owner
From public records · entity-resolved
Floyd Fulton
Individual
Free & Clear · 5 yrs held
Mailing address
19370 OLD RIV DR, WEST LINN, OR 97068-1526
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2021
$460,000
Floyd Fulton
Samuel Zemke
Warranty Deed
—
Apr 7, 2021
—
Herman B Zerke
Herman B Zemke
Intrafamily Transfer
related
—
Jul 30, 2018
—
Joyce L Zemke
Joyce L Zemke
Intrafamily Transfer
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.
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