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Property profile & analytics
OFF-MARKET
Office Spaces
62 3rd St Central Point, OR 97502-2025
Entity Owned
35-yr Hold
Free & Clear
Property ID
US71-0969718
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
2,490 SF
Lot
0.13 ac (5,663 SF)
Zoning code
TOD-HMR
APN
1-0141112
UPID
US71-0969718
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
Offord Finance INC · 35 yrs held
Offord Finance INC
since 1990
6 recorded transactions
Zoning & alternative use
TOD-HMR · Central Point, 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 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
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
$3,064
Tax year 2023
Assessed value
$179,480
Assessed 2023
Previous assessed
$174,260
+3.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$40,780
Assessed improvement
$138,700
Land market value
$67,960
Improvement market value
$159,310
Total market value
$227,270
Applied tax rate
607.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
2
Total area
2,490 SF
Lot
0.13 ac (5,663 SF)
Zoning code
TOD-HMR
APN
1-0141112
UPID
US71-0969718
Jurisdiction
JACKSON
Zoning & alternative use
TOD-HMR · Central Point, OR
Zoning TOD-HMR · permitted uses
TOD-HMR · 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.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Offord Finance INC
Entity
Free & Clear · 35 yrs held
Mailing address
PO BOX 5267, CENTRAL POINT, OR 97502-0051
Ownership since
1990
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
Dec 24, 1990
$150,000
Offord Finance INC
Carter,kenneth
Grant Deed
related
—
Mar 17, 1988
$250,000
Vir-cal Holdings Corp
Oregon & Strathmore Ltd
Grant Deed
related
—
Oct 1, 1987
—
Oregon & Strathmore Ltd
Petrehn,c A & Marian
Grant Deed
related
—
—
—
Oneill Investments LLC
—
Deed Of Trust
related
$287,000 · Evergreen Busn Cap
—
—
Offord Finance INC
—
Deed Of Trust
related
$500,000 · Key Bank NA
—
—
Oneill Investments LLC
—
Loan Modification
related
$337,329 · Peoples Bk/commerce
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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