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Property profile & analytics
OFF-MARKET
Estimated value
$5,955,000
Strip malls
640 Columbia Riv Hwy, Clatskanie, OR 97016-2247
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-1016652
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
12,263 SF
Lot
2.47 ac (107,593 SF)
Zoning code
CL:C-1
APN
7408-DD-00301
UPID
US71-1016652
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
$6.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.96M
Owner & transaction history
Natasha Masters · 3 yrs held
Natasha Masters
since 2023
Last sale
$5.7M
6 recorded transactions
Zoning & alternative use
CL:C-1 · Clatskanie, 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 Clatskanie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clatskanie 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
$6,150,000
ML approach
$6,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.96M
Range $5.36M – $6.55M · ±10% · vs last sale $5.70M (Feb 21 2023)
Last sale anchor
$5.70M
Feb 21 2023
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
$486 / 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
$24,521
Tax year 2023
Assessed value
$1,340,170
Assessed 2023
Previous assessed
$1,301,140
+3.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$711,190
Assessed improvement
$628,980
Land market value
$1,271,160
Improvement market value
$1,214,160
Total market value
$2,485,320
Applied tax rate
5.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Heating
NONE
Buildings
2
Total area
12,263 SF
Lot
2.47 ac (107,593 SF)
Zoning code
CL:C-1
APN
7408-DD-00301
UPID
US71-1016652
Jurisdiction
COLUMBIA
Zoning & alternative use
CL:C-1 · Clatskanie, OR
Zoning CL:C-1 · permitted uses
CL:C-1 · Clatskanie, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clatskanie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Buildings
2
Lot
2.47 ac
Current owner
From public records · entity-resolved
Natasha Masters
Individual
Mailing address
PO BOX 1900, CLACKAMAS, OR 97015-1900
Ownership since
2023
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
Feb 21, 2023
$5,700,000
Natasha Masters
Clatskanie Town Center LLC
Warranty Deed
$4,275,000 · Central Willamette Community Cu
Oct 12, 2016
—
Clatskanie Dev LLC
Magruder,margaret C
Grant Deed
—
Aug 24, 2016
—
Clatskanie Development LLC
Clatskanie Development LLC
Intrafamily Transfer
related
$3,085,425 · St Helens Community FCU
Feb 12, 2009
—
Clatskanie Dev LLC
—
Trustees Deed
related
—
Aug 16, 2005
$350,000
Clatskanie Dev LLC
Stewart,mcclellan K
Warranty Deed
$300,000 · Mcclellan K Stewart
—
—
Clatskanie Dev LLC
—
Deed Of Trust
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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