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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Warehouses
7095 3rd SE St Turner, OR 97392-9783
Entity Owned
4-yr Hold
Free & Clear
Property ID
US71-0505192
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
11,520 SF
Lot
0.45 ac (19,602 SF)
Zoning code
M1
APN
082W29AB05800
UPID
US71-0505192
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
$1.87M
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.60M
Owner & transaction history
Hackney Investments LLC · 4 yrs held
Hackney Investments LLC
since 2021
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
M1 · Turner, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+3.8%
Retail stores
$2.3M
+2.6%
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 Turner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Turner 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%
$2,025,000
6.5%
$1,870,000
7%
$1,735,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,215,000
Current use
COMMERCIAL (GENERAL)
$2,300,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$2,270,000
Change: +3% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,070,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±10% · vs last sale $1.70M (Dec 21 2021)
Last sale anchor
$1.70M
Dec 21 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
$138 / 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
$5,991
Tax year 2023
Assessed value
$387,610
Assessed 2023
Previous assessed
$376,330
+3.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$117,010
Improvement market value
$973,680
Total market value
$1,090,690
Applied tax rate
5,190.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Heating
NONE
Stories
1
Total area
11,520 SF
Lot
0.45 ac (19,602 SF)
Zoning code
M1
APN
082W29AB05800
UPID
US71-0505192
Jurisdiction
MARION
Zoning & alternative use
M1 · Turner, OR
Zoning M1 · permitted uses
M1 · Turner, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Turner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1997
Heating
NONE
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Hackney Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4526 MARIA AVE NE, SALEM, OR 97305-1846
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2021
$1,700,000
Hackney Investments LLC
R & K Rentals LLC
Warranty Deed
—
Oct 9, 2020
—
R & K Rentals LLC
—
Deed
related
$250,000 · Riverview Cmnty Bk
Sep 26, 2000
$32,500
Richard Brooks
Mickey,john
Grant Deed
—
Feb 14, 1992
—
John M Mickey
Unknown
Grant Deed
related
—
—
—
R & K Rentals LLC
—
Deed Of Trust
related
$250,000 · Riverview Cmnty 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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