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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Retail properties & Spaces
7415 3rd SE St Turner, OR 97392-9704
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0525585
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1999
Total area
9,280 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C1
APN
082W29AC05200
UPID
US71-0525585
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
$946k
Blend (final)
Blend
$945k
Owner & transaction history
Dental,gary · 20 yrs held
Dental,gary
since 2005
7 recorded transactions
Zoning & alternative use
C1 · Turner, 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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$1,380,000
Current use
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$102 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$5,635
Tax year 2021
Assessed value
$384,280
Assessed 2023
Previous assessed
$373,090
+3.0% YoY
Effective rate
1.47%
On assessed value
Land market value
$161,720
Improvement market value
$863,560
Total market value
$1,025,280
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1999
Heating
NONE
Buildings
3
Stories
1
Bathrooms
1
Total area
9,280 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C1
APN
082W29AC05200
UPID
US71-0525585
Jurisdiction
MARION
Zoning & alternative use
C1 · Turner, OR
Zoning C1 · permitted uses
C1 · 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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$1.4M
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
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
1999
Heating
NONE
Stories
1
Buildings
3
Bathrooms
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Dental,gary
Individual
Free & Clear · 20 yrs held
Mailing address
3865 SUNSET HLS DR SE, TURNER, OR 97392-9550
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2005
$215,000
Dental,gary
Phillips,david A JR & Tammi F
Warranty Deed
—
Mar 28, 2005
—
David H Phillips JR.
—
Trustees Deed
related
$33,500 · Bank Of The Cascades
Mar 28, 1994
$45,000
David A Phillips
Smith,william E
Grant Deed
$47,500 · Investors Mortgage Co LP
—
—
David A Phillips
—
Deed Of Trust
related
$86,250 · America's Wholesale Lender
—
—
David A Phillips
—
Deed Of Trust
related
$39,992 · Western Bank
—
—
David A Phillips
—
Deed Of Trust
related
$17,250 · Western Fsb
—
—
David A Phillips
—
Deed Of Trust
related
$55,000 · Bank Of The Cascades
—
—
David A Phillips
—
Deed Of Trust
related
$37,625 · Paul E & Marcia L Howell
—
—
David A Phillips
—
Deed Of Trust
related
$45,000 · Gb Home Equity
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.
Try Rey
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