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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Warehouses
628 Painter Ln, Depoe Bay, OR 97341-9667
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-1266346
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2016
Total area
36,520 SF
Lot
1.82 ac (79,279 SF)
Zoning code
L-I;LIGHT INDUSTRIAL
APN
09-11-08-CA-07901-00
UPID
US71-1266346
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
-
Anchor Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
Anchor Storage Depoe Bay LLC · 4 yrs held
Anchor Storage Depoe Bay LLC
since 2021
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
L-I;LIGHT INDUSTRIAL · Depoe Bay, 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 Depoe Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Depoe Bay 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
$1,275,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $950k (Oct 27 2021)
Last sale anchor
$950k
Oct 27 2021
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
$29 / 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
$23,924
Tax year 2023
Assessed value
$1,870,970
Assessed 2023
Previous assessed
$1,816,480
+3.0% YoY
Effective rate
1.28%
On assessed value
Land market value
$406,110
Improvement market value
$2,382,590
Total market value
$2,788,700
Applied tax rate
413.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Total area
36,520 SF
Lot
1.82 ac (79,279 SF)
Zoning code
L-I;LIGHT INDUSTRIAL
APN
09-11-08-CA-07901-00
UPID
US71-1266346
Jurisdiction
LINCOLN
Zoning & alternative use
L-I;LIGHT INDUSTRIAL · Depoe Bay, OR
Zoning L-I;LIGHT INDUSTRIAL · permitted uses
L-I;LIGHT INDUSTRIAL · Depoe Bay, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Depoe Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
FORCED AIR
Lot
1.82 ac
Current owner
From public records · entity-resolved
Anchor Storage Depoe Bay LLC
Entity
Mailing address
PO BOX 289, OTIS, OR 97368-0289
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2021
$950,000
Anchor Storage Depoe Bay LLC
Nathan Knott
Deed
$1,100,000 · Oregon Coast Bank
Oct 15, 2019
$950,000
Anchor Storage Depoe Bay LLC
Nathan Knott
Warranty Deed
—
Oct 15, 2019
—
Anchor Storage Depoe Bay LLC
Ryan R Knott
Grant Deed
related
—
Jan 10, 2018
—
Anchor Storage LLC
Knott,ryan R & Jennifer A
Warranty Deed
related
—
Oct 10, 2017
—
Anchor Storage LLC
—
Deed
related
$484,067 · Oregon Coast Bk
Jun 6, 2017
—
Ryan R Knott
—
Deed
related
$239,989 · Oregon Coast Bk
Jul 31, 2015
—
Anchor Storage LLC
Knott,ryan R & Jennifer A
Grant Deed
related
—
Jun 6, 2012
$60,000
Neighbors For Kids
Knott,ryan R
Warranty Deed
$55,000 · Ryan R & Jennifer A Knott
Nov 15, 2005
$300,000
Ryan R Knott
Wahl,coral L
Warranty Deed
—
—
—
Ryan R Knott
—
Loan Modification
related
$239,989 · Oregon Coast Bk
—
—
Anchor Storage LLC
—
Loan Modification
related
$484,067 · Oregon Coast Bk
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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