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Property profile & analytics
FOR SALE
Office buildings
612 N 1St St, Silverton, OR 97381
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0951743
For Sale
1 / 21
$349,000
612 N 1St St, Silverton, OR 97381
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1925
Total area
1,331 SF
Lot
0.18 ac (7,841 SF)
Zoning code
GC
APN
061W35BB03000
UPID
US71-0951743
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
-
Turney Excavating General Contractor Construction Company
-
A Better Way Healing Center, llc Medical Clinic Alternative Medicine Practice
-
ENG Acupuncture Center Spa & Massage Center Alternative Medicine Practice
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
Rt4 LLC · 1 yrs held
Rt4 LLC
since 2025
Last sale
$350,000
5 recorded transactions
Zoning & alternative use
GC · Silverton, 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 Silverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silverton 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,729
Tax year 2021
Assessed value
$109,450
Assessed 2023
Previous assessed
$106,270
+3.0% YoY
Effective rate
1.58%
On assessed value
Land market value
$52,990
Improvement market value
$242,300
Total market value
$295,290
Applied tax rate
4,920.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1925
Heating
NONE
Stories
1
Total area
1,331 SF
Lot
0.18 ac (7,841 SF)
Zoning code
GC
APN
061W35BB03000
UPID
US71-0951743
Jurisdiction
MARION
Zoning & alternative use
GC · Silverton, OR
Zoning GC · permitted uses
GC · Silverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silverton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Rt4 LLC
Entity
Mailing address
612 N 1ST ST, SILVERTON, OR 97381-1404
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
—
Rt4 LLC
Rt4 LLC
Deed
related
$220,000 · Citizens Bank
Jan 3, 2022
$350,000
Rt4 LLC
Margaret P Eng
Warranty Deed
$290,000 · The Margaret P Eng Revocable Trust
Mar 19, 2009
—
Eng Margaret P Trust
Eng,marjorie
Quit Claim Deed
related
—
Jun 19, 1991
$51,125
Marjorie Eng
Unknown
Grant Deed
—
—
—
Margaret Eng
—
Deed Of Trust
related
$51,109 · West Coast 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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