New search
Property profile & analytics
OFF-MARKET
Estimated value
$14,565,000
Shopping centers
810 Hwy 395, Hermiston, OR 97838-2621
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US71-0827112
Property profile
Verified
Property type
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Year built
1978
Total area
162,537 SF
Lot
12.83 ac (558,744 SF)
Zoning code
C-1
APN
4N2814BB00700
UPID
US71-0827112
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
-
Hermiston DMV Department Of Motor Vehicles
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.57M
Owner & transaction history
Teton Venture LLC · 9 yrs held
Teton Venture LLC
since 2016
2 recorded transactions
Zoning & alternative use
C-1 · Hermiston, 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 Hermiston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermiston 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
RESTAURANT
$19,380,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$17,375,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$16,505,000
Change: 0% · Conversion: Easy
INDUSTRIAL (GENERAL)
$15,945,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,595,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$10,240,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$14.57M
Range $13.11M – $16.02M · ±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
$90 / 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
$229,073
Tax year 2023
Assessed value
$10,631,390
Assessed 2023
Previous assessed
$9,842,590
+8.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$2,299,080
Assessed improvement
$8,332,310
Land market value
$1,056,450
Improvement market value
$20,920,960
Total market value
$21,977,410
Applied tax rate
801.0000
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
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Status
Off-Market
Year built
1978
Heating
NONE
Buildings
7
Total area
162,537 SF
Lot
12.83 ac (558,744 SF)
Zoning code
C-1
APN
4N2814BB00700
UPID
US71-0827112
Jurisdiction
UMATILLA
Zoning & alternative use
C-1 · Hermiston, OR
Zoning C-1 · permitted uses
C-1 · Hermiston, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hermiston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$19.4M
MEDICAL BUILDING
Est. value
$17.4M
COMMERCIAL (GENERAL)
Est. value
$16.5M
INDUSTRIAL (GENERAL)
Est. value
$15.9M
AUTO REPAIR, GARAGE
Est. value
$11.6M
RETAIL STORES
Est. value
$10.2M
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1978
Heating
NONE
Buildings
7
Lot
12.83 ac
Current owner
From public records · entity-resolved
Teton Venture LLC
Entity
Mailing address
PO BOX 1583, CORVALLIS, OR 97339-1583
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2016
$425,000
Teton Venture LLC
Triumph Properties LLC
Bargain And Sale Deed
$305,000 · Triumph Propeties LLC
Nov 21, 2014
$14,000,000
Teton Venture LLC
Hermiston Station LLC
Special Warranty Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 810 Hwy 395?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
