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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Manufacturing properties
611 Cedar St Pilot Rock, OR 97868
Entity Owned
Free & Clear
Property ID
US71-1530264
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2014
Total area
9,375 SF
Lot
5.75 ac (250,296 SF)
Zoning code
M-2
APN
1S32080000100
UPID
US71-1530264
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
-
Terrance Rosales, Notary Public Law Firm
-
Packy Built Auto Parts Store
-
Doherty Recycling, LLC Recycling Center Waste Management Facility
-
Sinch Bale Feeders USA Big Box & Wholesale Store Agricultural Supply
-
Doherty Welding LLC Metal Fabrication Plant Recycling Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$850k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
CAPITAL D INVESTMENTS LLC
CAPITAL D INVESTMENTS LLC
Zoning & alternative use
M-2 · Pilot Rock, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
IGHT INDUSTRIAL ZONE § 18.40.010 Permitted uses. § 18.40.020 Conditional uses. § 18.40.030 Dimensional standards. § 18.40.040 Limitations on use. § 18.40.050 Site review. § 18.40.060 Performance standards. Chapter 18.45 M-2 HEAVY INDUSTRIAL ZONE § 18.45.010 Permitted uses. § 18.45.020 Conditional uses. § 18.45.030 Dimensional standards. § 18.45.040 Limitatio…
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
614.16 ac
Top alternative use upside
Restaurant
$1.1M
+15.8%
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 Pilot Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pilot Rock 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%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$920,000
Current use
RESTAURANT
$1,065,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$890,000
Change: -3% · Conversion: Easy
MEDICAL BUILDING
$850,000
Change: -8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$825,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$84 / 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
$5,372
Tax year 2023
Assessed value
$330,920
Assessed 2023
Previous assessed
$299,910
+10.3% YoY
Effective rate
1.62%
On assessed value
Assessed land
$106,120
Assessed improvement
$224,800
Land market value
$106,120
Improvement market value
$224,800
Total market value
$330,920
Applied tax rate
217.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2014
Heating
NONE
Total area
9,375 SF
Lot
5.75 ac (250,296 SF)
Zoning code
M-2
APN
1S32080000100
UPID
US71-1530264
Jurisdiction
UMATILLA
Zoning & alternative use
M-2 · Pilot Rock, ORZoning M-2 · permitted uses
M-2 · Pilot Rock, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
IGHT INDUSTRIAL ZONE § 18.40.010 Permitted uses. § 18.40.020 Conditional uses. § 18.40.030 Dimensional standards. § 18.40.040 Limitations on use. § 18.40.050 Site review. § 18.40.060 Performance standards. Chapter 18.45 M-2 HEAVY INDUSTRIAL ZONE § 18.45.010 Permitted uses. § 18.45.020 Conditional uses. § 18.45.030 Dimensional standards. § 18.45.040 Limitations on use. Chapter 18.50 POS PERMANENT OPEN SPACE ZONE § 18.50.010 Permitted uses.
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
614.16 ac
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$920,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$890,000
MEDICAL BUILDING
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$825,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (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
Year built
2014
Heating
NONE
Lot
5.75 ac
Current owner
From public records · entity-resolved
CAPITAL D INVESTMENTS LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 28, PILOT ROCK, OR 97868-0028
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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