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Property profile & analytics
OFF-MARKET
Apartment buildings

625 Log Cabin St Independence, OR 97351-2119

4,374 SF 0.46 ac lot Built 1960
Entity Owned 34-yr Hold Free & Clear
Property ID
US71-0768130
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1960
Total area 4,374 SF
Lot 0.46 ac (20,038 SF)
Zoning code RM
APN 08421-CA-04400
UPID US71-0768130
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
Polk Community Dvlpmt Corp · 34 yrs held
Polk Community Dvlpmt Corp
since 1992
5 recorded transactions
2021
Price N/A
1992
$20,100
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RM · Independence, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SUBCHAPTER 21: MEDIUM-DENSITY RESIDENTIAL (RM) ZONE 21.005 Purpose The purpose of the Medium-Density Residential (RM) Zone is to define and protect areas suitable for low or medium-density residential uses. Such areas are intended for the development and use of single -family dwellings and medium -density residential structures such as duplexes, row houses,…

Zone name Medium Density Residential
General category RESIDENTIAL
Zone area 270.00 ac
Source CITY OF INDEPENDENCE
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