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Property profile & analytics
OFF-MARKET
Estimated value
$6,425,000
Warehouses
65 Grv Rd Phoenix, OR 97535-9403
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US71-0363707
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Total area
76,888 SF
Lot
4.65 ac (202,554 SF)
Zoning code
C-H
APN
1-0025859
UPID
US71-0363707
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
$5.04M
Blend (final)
Blend
$6.43M
Owner & transaction history
Keith F Pyle · 9 yrs held
Keith F Pyle
since 2016
7 recorded transactions
Zoning & alternative use
C-H · Phoenix, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
buildings cannot exceed the maximum permitted height of the C-H zone), is permitted when located more than 100 feet from the adjacent street (see subsection 1 above regarding double-frontage lots). 4. Stand-alone residential development, meeting the standards for the R-3 zone (except that buildings cannot exceed the maximum permitted height of the C-H zone),…
Zone name
Commercial Highway
General category
COMMERCIAL
Zone area
246.64 ac
Top alternative use upside
Industrial (general)
$7.5M
+10.3%
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,790,000
Current use
INDUSTRIAL (GENERAL)
$7,485,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$6.43M
Range $5.78M – $7.07M · ±10%
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
$84 / 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
$123,254
Tax year 2023
Assessed value
$7,479,730
Assessed 2023
Previous assessed
$6,404,350
+16.8% YoY
Effective rate
1.65%
On assessed value
Assessed land
$737,260
Assessed improvement
$6,742,470
Land market value
$1,169,750
Improvement market value
$10,311,440
Total market value
$11,481,190
Applied tax rate
429.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
FORCED AIR
Buildings
2
Stories
1
Bathrooms
1
Total area
76,888 SF
Lot
4.65 ac (202,554 SF)
Zoning code
C-H
APN
1-0025859
UPID
US71-0363707
Jurisdiction
JACKSON
Zoning & alternative use
C-H · Phoenix, ORZoning C-H · permitted uses
C-H · Phoenix, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
buildings cannot exceed the maximum permitted height of the C-H zone), is permitted when located more than 100 feet from the adjacent street (see subsection 1 above regarding double-frontage lots). 4. Stand-alone residential development, meeting the standards for the R-3 zone (except that buildings cannot exceed the maximum permitted height of the C-H zone), is permitted on all portions of a property if the following conditions apply: a. There are constraints to vehicular access (e.g., center barriers or access-controlled driveway approaches) *; and b. All of the subject property is located within 1,000 feet of a City park facility or a
Zone name
Commercial Highway
General category
COMMERCIAL
Zone area
246.64 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.8M
INDUSTRIAL (GENERAL)
Est. value
$7.5M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
2017
Heating
FORCED AIR
Stories
1
Buildings
2
Bathrooms
1
Lot
4.65 ac
Current owner
From public records · entity-resolved
Keith F Pyle
Individual
Mailing address
65 S GRV RD, PHOENIX, OR 97535-9403
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2022
—
Exit 24 Storage LLC
—
Deed
related
$500,000 · Rogue FCU
Mar 4, 2022
—
Exit 24 Storage LLC
—
Deed
related
$1,300,000 · Rogue FCU
Dec 23, 2020
—
Exit 24 Storage LLC
—
Deed
related
$4,857,665 · Rogue Cu
Oct 17, 2018
—
Exit 24 Storage LLC
—
Deed
related
$4,857,665 · Rogue FCU
Apr 25, 2017
—
Exit 24 Storage LLC
—
Trustees Deed
related
$4,757,000 · Scott Vly Bk
Sep 8, 2016
—
Keith F Pyle
Pyle Willis H Trust
Quit Claim Deed
related
—
Aug 30, 2016
—
Keith F Pyle
Pyle Willis H Trust
Quit Claim Deed
related
—
Dec 16, 2015
$549,000
Exit 24 Storage LLC
Pyle Willis H Trust
Warranty Deed
—
Dec 13, 2010
$654,243
Pyle,willis H Trust
Hammack,larry C
Trustees Deed
related
—
Aug 17, 2004
—
Stuff Management LLC
Niemark,leonard A
Grant Deed
related
—
Mar 5, 2004
$825,000
Leonard A Neimark
Pyle,tr
Grant Deed
$600,000 · Pyle Trust
Apr 27, 2001
$44,000
Phoenix City (or)
Pyle Trust
Grant Deed
—
Feb 13, 1981
—
Pyle,willis H & Frances D
—
Deed Of Trust
related
—
—
—
Exit 24 Storage LLC
—
Loan Modification
related
$4,857,665 · Rogue Cu
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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