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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Retail space
622 Jackson St, Roseburg, OR 97470-4924
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0974898
Property summary
AI-generated overview
The Kohlhagen Building, located at 622 SE Jackson St in Roseburg, Oregon, presents a unique investment opportunity. This 20,795 square foot commercial property sits on a 0.27-acre lot and is currently listed at $1,295,000. The building features three fully occupied street-level commercial suites, currently housing a bar/lounge and an art gallery, creating a vibrant and diverse tenant mix. The second floor has been meticulously remodeled and offers a versatile space with high ceilings, oversized insulated windows, a full kitchen, and a large banquet room. This area is suitable for a variety of uses, including extended-stay lodging, office space, or event hosting. Convenient street-front parking is available for patrons, with additional private parking located behind the building. Basement storage is also included. The property's location within an Opportunity Zone offers potential tax advantages and incentives. This exceptional property is ideal for investors seeking a strong return in a thriving downtown area. The combination of established businesses on the ground floor and the adaptable second-floor space provides a unique opportunity for both immediate income and future development. The building's blend of commercial and potential residential uses makes it a highly attractive investment.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
7,715 SF
Lot
0.2 ac (8,712 SF)
APN
27-05W-19BC-11100
UPID
US71-0974898
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
-
Gallery Northwest Art Gallery Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$901k
Blend (final)
Blend
$950k
Owner & transaction history
Heidi M Lael · 3 yrs held
Heidi M Lael
since 2022
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+39.9%
Office building
$1.0M
+38.4%
Commercial (general)
$945,000
+26.3%
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 Roseburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roseburg 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
$775,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$745,000
Current use
RESTAURANT
$1,045,000
Change: +40% · Conversion: Easy
OFFICE BUILDING
$1,035,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$945,000
Change: +26% · Conversion: Easy
INDUSTRIAL (GENERAL)
$740,000
Change: -1% · Conversion: Difficult
WAREHOUSE, STORAGE
$695,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$680,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $1.00M (Nov 17 2022)
Last sale anchor
$1.00M
Nov 17 2022
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
$123 / 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
$5,485
Tax year 2023
Assessed value
$373,994
Assessed 2023
Previous assessed
$261,527
+43.0% YoY
Effective rate
1.47%
On assessed value
Land market value
$68,191
Improvement market value
$544,964
Total market value
$613,155
Applied tax rate
451.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Heating
NONE
Buildings
2
Stories
1
Total area
7,715 SF
Lot
0.2 ac (8,712 SF)
APN
27-05W-19BC-11100
UPID
US71-0974898
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$745,000
RESTAURANT
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$945,000
INDUSTRIAL (GENERAL)
Est. value
$740,000
WAREHOUSE, STORAGE
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$680,000
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1980
Heating
NONE
Stories
1
Buildings
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Heidi M Lael
Individual
Mailing address
1940 NEWTON CRK RD, ROSEBURG, OR 97470-1121
Ownership since
2022
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
Nov 17, 2022
$1,000,000
Heidi M Lael
South Deer Creek Ranch LLC
Warranty Deed
$625,000 · High Lake Holdings LLC
Dec 21, 2015
$700,000
South Deer Creek Ranch LLC
Sweetwater Trust
Warranty Deed
—
Mar 15, 2002
—
Sweetwater Trust
Owner Name Unavailable
Grant Deed
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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