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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Parking lots & garages
611 Main St Phoenix, OR 97535-9607
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0980219
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.14 ac (6,098 SF)
Zoning code
C-1
APN
1-0009521
UPID
US71-0980219
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
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
Zre Properties LLC · 1 yrs held
Zre Properties LLC
since 2024
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
C-1 · Phoenix, 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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$1,420,000
ML approach
$1,420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±10% · vs last sale $1.42M (Aug 27 2024)
Last sale anchor
$1.42M
Aug 27 2024
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
—
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
$810
Tax year 2023
Assessed value
$49,130
Assessed 2023
Previous assessed
$49,130
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$33,990
Assessed improvement
$15,140
Land market value
$82,120
Improvement market value
$14,180
Total market value
$96,300
Applied tax rate
429.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.14 ac (6,098 SF)
Zoning code
C-1
APN
1-0009521
UPID
US71-0980219
Jurisdiction
JACKSON
Zoning & alternative use
C-1 · Phoenix, OR
Zoning C-1 · permitted uses
C-1 · Phoenix, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Zre Properties LLC
Entity
Mailing address
550 CLOVER LN, ASHLAND, OR 97520-3709
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 27, 2024
$1,420,000
Zre Properties LLC
Bartell Properties LLC
Warranty Deed
—
Aug 1, 2005
—
Bartell Properties LLC
Bartell,stanley D & Carolyn S
Quit Claim Deed
related
—
Mar 3, 2000
—
Stanley D Bartell
Bartell,stanley D & Carolyn S
Quit Claim Deed
related
$174,000 · Bank Of Southern Oregon
Oct 25, 1989
—
Daniel J Bartell
Crater Title Insurance Co
Grant Deed
related
—
—
—
Stanley D Bartell
—
Deed Of Trust
related
$240,000 · Peoples Bank & Trust
—
—
Stanley D Bartell
—
Deed Of Trust
related
$72,000 · 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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