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Property profile & analytics
OFF-MARKET
Estimated value
$2,830,000
Strip malls
7571 Crater Lk Hwy, White City, OR 97503-1600
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1149975
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
14,391 SF
Lot
5.47 ac (238,273 SF)
Zoning code
C-G
APN
1-0257740
UPID
US71-1149975
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.83M
Owner & transaction history
1198 Willow LLC · 7 yrs held
1198 Willow LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-G · White City, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+30.0%
Medical building
$3.6M
+21.6%
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 White City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs White City 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%
$3,545,000
6.5%
$3,270,000
7%
$3,040,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,990,000
Current use
RESTAURANT
$3,885,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$3,635,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,455,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.83M
Range $2.55M – $3.11M · ±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
$197 / 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
$44,243
Tax year 2023
Assessed value
$3,117,010
Assessed 2023
Previous assessed
$3,026,230
+3.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,193,580
Assessed improvement
$1,923,430
Land market value
$1,804,670
Improvement market value
$4,138,170
Total market value
$5,942,840
Applied tax rate
926.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Heating
NONE
Units
1
Total area
14,391 SF
Lot
5.47 ac (238,273 SF)
Zoning code
C-G
APN
1-0257740
UPID
US71-1149975
Jurisdiction
JACKSON
Zoning & alternative use
C-G · White City, OR
Zoning C-G · permitted uses
C-G · White City, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
White City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.0M
RESTAURANT
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (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
Heating
NONE
Units
1
Lot
5.47 ac
Current owner
From public records · entity-resolved
1198 Willow LLC
Entity
Mailing address
2801 E SPG ST, LONG BEACH, CA 90806-6838
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2018
$5,450,000
1198 Willow LLC
Cascade S C LLC
Grant Deed
$2,800,000 · Miscellaneous Ins Co
Jun 5, 2015
$3,200,000
Cascade S C LLC
Cascade Partnership LLC
Warranty Deed
$2,865,000 · Washington Federal
Jan 31, 2002
$3,800,000
Cascade Partnership LLC
Josephson Trust
Grant Deed
$2,375,000 · Premierwest Bank
Aug 18, 1998
$375,030
Josephson,l D & E E
Huycke,patrick G
Trustees Deed
—
Aug 18, 1998
$562,140
Josephson,l D & E E
Mclaughlin,richard K
Trustees Deed
—
Aug 14, 1991
—
L D Josephson
Josephson,l D
Grant Deed
related
—
Jul 6, 1990
—
L D Josephson
Josephson,l D
Grant Deed
related
—
Jan 9, 1985
—
Josephson,l D
Angus,glen A
Grant Deed
related
—
Jun 13, 1983
$2,220,000
Angus,glen A
—
Grant Deed
related
—
Apr 6, 1982
—
Cascade Shopping Ctr Etal
—
Deed Of Trust
related
—
Dec 22, 1980
$2,500
Clark,w H JR Etal
—
Grant Deed
related
—
Dec 17, 1980
$85,000
Clark,w H JR Etal
—
Grant Deed
related
—
—
—
Josephson Trust
—
Deed Of Trust
related
$2,375,000 · Premierwest Bank
—
—
Cascade Partnership LLC
—
Deed Of Trust
related
$2,307,478 · Home Valley Bank
—
—
Steve Declerck Ents INC
—
Deed Of Trust
related
$317,000 · Premierwest Bank
—
—
Steve Declerck Ents INC
—
Deed Of Trust
related
$790,000 · Premierwest 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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