Back to Search
Property profile & analytics
FOR LEASE
Manufacturing properties
811 N 1St St Silverton, OR 97381
Individually Owned
32-yr Hold
Free & Clear
Property ID
US71-1012509
For Lease
1 / 14
Contact for pricing
811 N 1St St, Silverton, OR 97381
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Total area
112,000 SF
Lot
5.41 ac (235,660 SF)
Zoning code
IP
APN
061W34AA00200
UPID
US71-1012509
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
-
BrucePac Food Processing Plant
-
Tillamook Country Smoker Industrial Manufacturer Production Facility
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
Larry M Bruce · 32 yrs held
Larry M Bruce
since 1993
2 recorded transactions
Zoning & alternative use
IP · Silverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to provide for appropriate locations for combining light manufacturing, office and small scale commercial uses (restaurants, personal services and fitness centers) in a campus like setting.
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
123.52 ac
Source
Realmo
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 Silverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silverton 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
$63,597
Tax year 2023
Assessed value
$3,826,810
Assessed 2023
Previous assessed
$3,715,350
+3.0% YoY
Effective rate
1.66%
On assessed value
Land market value
$498,560
Improvement market value
$3,396,610
Total market value
$3,895,170
Applied tax rate
4,920.0000
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
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Status
For Lease
Heating
NONE
Stories
1
Total area
112,000 SF
Lot
5.41 ac (235,660 SF)
Zoning code
IP
APN
061W34AA00200
UPID
US71-1012509
Jurisdiction
MARION
Zoning & alternative use
IP · Silverton, ORZoning IP · permitted uses
IP · Silverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to provide for appropriate locations for combining light manufacturing, office and small scale commercial uses (restaurants, personal services and fitness centers) in a campus like setting.
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
123.52 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
5.41 ac
Current owner
From public records · entity-resolved
Larry M Bruce
Individual
Free & Clear · 32 yrs held
Mailing address
PO BOX 588, WOODBURN, OR 97071-0588
Ownership since
1993
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
Nov 3, 1993
—
Larry M Bruce
Unknown
Grant Deed
related
—
—
—
Larry R Bruce
—
Deed Of Trust
related
$4,500,000 · Pacific One 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.
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?”
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.
