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Property profile & analytics
OFF-MARKET
Estimated value
$3,565,000
Manufacturing properties
680 2nd SE St Bandon, OR 97411-9486
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1058979
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
2014
Total area
8,198 SF
Lot
0.33 ac (14,375 SF)
Zoning code
LI
APN
28 S 14 W 30 CA 500
UPID
US71-1058979
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
-
Face Rock Creamery Bakery Specialty Food Shop
-
Public Restroom Public Bathroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.57M
Owner & transaction history
4955 Commercial Street LLC · 2 yrs held
4955 Commercial Street LLC
since 2023
Last sale
$3.5M
6 recorded transactions
Zoning & alternative use
LI · Bandon, 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 Bandon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bandon 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
$3,750,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.57M
Range $3.21M – $3.92M · ±10% · vs last sale $3.48M (Oct 5 2023)
Last sale anchor
$3.48M
Oct 5 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
$435 / 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
$11,354
Tax year 2023
Assessed value
$1,008,320
Assessed 2023
Previous assessed
$1,008,320
+0.0% YoY
Effective rate
1.13%
On assessed value
Land market value
$193,170
Improvement market value
$1,304,270
Total market value
$1,497,440
Applied tax rate
65,400.0000
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
2014
Heating
NONE
Total area
8,198 SF
Lot
0.33 ac (14,375 SF)
Zoning code
LI
APN
28 S 14 W 30 CA 500
UPID
US71-1058979
Jurisdiction
COOS
Zoning & alternative use
LI · Bandon, OR
Zoning LI · permitted uses
LI · Bandon, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bandon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Lot
0.33 ac
Current owner
From public records · entity-resolved
4955 Commercial Street LLC
Entity
Mailing address
21386 S SPRINGWATER RD, ESTACADA, OR 97023-9615
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Oct 5, 2023
$3,475,000
4955 Commercial Street LLC
Ggd LLC
Warranty Deed
$2,262,000 · Consolidated Community Cu
Apr 20, 2021
—
Ggd LLC
—
Deed
related
$1,653,000 · Washington Federal NA
Aug 28, 2020
—
Ggd LLC
Ggd LLC
Intrafamily Transfer
related
$250,000 · Ccd Business Development Corporatio
May 2, 2019
$360,000
Face Rock Creamery LLC
City Of Bandon Urban Renewal Agency
Re-recorded Document
related
$2,000,000 · First Community Cu
Apr 27, 2015
$360,000
Face Rock Creamery LLC
City Of Bandon Urban Renewal Agency
Warranty Deed
$2,000,000 · First Community Cu
Jul 29, 2011
$500,000
City Of Bandon Urban Renewal Agency
Oregon Coast Foods INC
Warranty Deed
—
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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