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Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Turn key restaurants
721 Desperado Ct, Sisters, OR 97759-9514
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-0049522
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Total area
6,032 SF
Lot
0.58 ac (25,265 SF)
APN
151009 AD 00400
UPID
US71-0049522
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
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$1.95M
Owner & transaction history
Whitney Brook LLC · 2 yrs held
Whitney Brook LLC
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+3.2%
Apartment house (5+ units)
$2.3M
+3.0%
Commercial (general)
$2.3M
+1.0%
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 Sisters submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sisters 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
$1,950,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,235,000
Current use
AUTO REPAIR, GARAGE
$2,305,000
Change: +3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,300,000
Change: +3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,255,000
Change: +1% · Conversion: Easy
RETAIL STORES
$2,075,000
Change: -7% · Conversion: Easy
MEDICAL BUILDING
$1,925,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $1.95M (Jun 18 2024)
Last sale anchor
$1.95M
Jun 18 2024
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
$323 / 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
$17,020
Tax year 2023
Assessed value
$1,027,240
Assessed 2023
Previous assessed
$1,027,240
+0.0% YoY
Effective rate
1.66%
On assessed value
Land market value
$384,030
Improvement market value
$1,640,570
Total market value
$2,024,600
Applied tax rate
6,001.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Heating
NONE
Buildings
2
Total area
6,032 SF
Lot
0.58 ac (25,265 SF)
APN
151009 AD 00400
UPID
US71-0049522
Jurisdiction
DESCHUTES
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
RESTAURANT Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
RESTAURANT Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL 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
2008
Heating
NONE
Buildings
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Whitney Brook LLC
Entity
Mailing address
27849 SE VIVA LN, BORING, OR 97009-7500
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2024
—
Whitney Brood LLC
—
Deed
related
$1,280,000 · Jpmorgan Chase Bank NA
Jun 18, 2024
$1,950,000
Whitney Brook LLC
Redhawk Holding Company LLC
Warranty Deed
$1,280,000 · Jpmorgan Chase Bank NA
Jun 18, 2024
—
Three Creeks Brewing Company LLC
Redhawk Holding Company LLC
Lease
$1,024,000 · Jpmorgan Chase Bank NA
Nov 15, 2018
—
Holding Company LLC
—
Deed
related
$330,000 · Columbia State Bank
Feb 19, 2008
—
Redhawk Holding Co LLC
—
Deed Of Trust
related
$1,785,000 · Columbia River Bank
Jun 18, 2007
$475,000
Redhawk Holding Co LLC
Willitts LLC
Warranty Deed
$375,000 · Bank Of The Cascades
—
—
Redhawk Holding Co LLC
—
Deed Of Trust
related
$1,050,000 · Columbia River Bank
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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