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Property profile & analytics
OFF-MARKET
Car washes
721 7th St Umatilla, OR 97882-9780
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0590956
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1977
Total area
2,310 SF
Lot
0.22 ac (9,400 SF)
Zoning code
DC
APN
5N2817BD03400
UPID
US71-0590956
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steve Sherrell · 10 yrs held
Steve Sherrell
since 2015
1 recorded transaction
Zoning & alternative use
DC · Umatilla, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The following uses and their accessory uses are permitted in the DC zone subject to the property development standards of the DC zone, and the site plan design review requirements and procedures under Sections 10-4A-7 and 10-4A-8 of this article: A.
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
35.14 ac
Source
code of ordinances
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 Umatilla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Umatilla 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,767
Tax year 2023
Assessed value
$108,850
Assessed 2023
Previous assessed
$105,680
+3.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$20,140
Assessed improvement
$88,710
Land market value
$35,890
Improvement market value
$123,490
Total market value
$159,380
Applied tax rate
601.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1977
Heating
NONE
Total area
2,310 SF
Lot
0.22 ac (9,400 SF)
Zoning code
DC
APN
5N2817BD03400
UPID
US71-0590956
Jurisdiction
UMATILLA
Zoning & alternative use
DC · Umatilla, ORZoning DC · permitted uses
DC · Umatilla, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The following uses and their accessory uses are permitted in the DC zone subject to the property development standards of the DC zone, and the site plan design review requirements and procedures under Sections 10-4A-7 and 10-4A-8 of this article: A.
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
35.14 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Steve Sherrell
Individual
Free & Clear · 10 yrs held
Mailing address
79693 AGNEW RD, HERMISTON, OR 97838-6139
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2015
$100,000
Steve Sherrell
Phillip E Sherrell
Warranty Deed
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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