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Property profile & analytics
FOR SALE
Commercial real estate
655 W Umpqua St, Roseburg, OR 97471
Individually Owned
Free & Clear
Property ID
US71-0542527
For Sale
1 / 69
$1,050,000
655 W Umpqua St, Roseburg, OR 97471
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Property summary
AI-generated overview
This exceptional commercial property, located at 655 W Umpqua St, Roseburg, Oregon 97471, presents a unique investment opportunity. The 9,130 square foot storefront building sits on a 1.38-acre lot zoned General Commercial (C3), offering significant potential for redevelopment or repurposing. Originally constructed in 1949 as a multi-purpose gym, the building later served as a television station for over 50 years, demonstrating its enduring structural integrity. The property boasts a solid construction of block, concrete, and wood, featuring approximately 18-foot ceilings in the studio area and 9-foot ceilings in the office space. A double man door provides convenient access to the basement level. The property includes over 50 parking spaces, plus an additional undeveloped lot, presenting exciting possibilities for future expansion or development. Existing utilities include water, sewer, electric, and gas. The 2021-2022 real estate taxes totaled $8,191. Its high-visibility location off Harvard Blvd at I-5 ensures maximum exposure, making it ideal for a variety of retail uses in this growing area. The vacant building is currently listed at $1,050,000.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1949
Total area
4,620 SF
Lot
1.38 ac (60,113 SF)
APN
27-06W-24BA-01200
UPID
US71-0542527
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
-
KPIC TV Television Studio Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$756k
Blend (final)
Blend
$755k
Owner & transaction history
SOUTHWEST OREGON TELEVISION
SOUTHWEST OREGON TELEVISION
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$600,000
+0.5%
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
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
COMMERCIAL (GENERAL)
$595,000
Current use
OFFICE BUILDING
$600,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$163 / 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
$8,441
Tax year 2023
Assessed value
$575,535
Assessed 2023
Previous assessed
$558,504
+3.0% YoY
Effective rate
1.47%
On assessed value
Land market value
$390,735
Improvement market value
$184,800
Total market value
$575,535
Applied tax rate
401.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1949
Heating
NONE
Buildings
4
Stories
1
Total area
4,620 SF
Lot
1.38 ac (60,113 SF)
APN
27-06W-24BA-01200
UPID
US71-0542527
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
COMMERCIAL (GENERAL) Current
Est. value
$595,000
OFFICE BUILDING
Est. value
$600,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1949
Heating
NONE
Stories
1
Buildings
4
Lot
1.38 ac
Current owner
From public records · entity-resolved
SOUTHWEST OREGON TELEVISION
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 1475, COCKEYSVILLE, MD 21030-7475
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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