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Property profile & analytics
OFF-MARKET
Commercial real estate
831 52nd St, Springfield, OR 97478
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US71-0345497
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
5.63 ac (245,243 SF)
Zoning code
LMI-LIGHT MEDIUM INDUST
APN
17-02-33-21-01219-000
UPID
US71-0345497
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
I-105 Secure Storage LLC · 18 yrs held
I-105 Secure Storage LLC
since 2007
5 recorded transactions
Zoning & alternative use
LMI-LIGHT MEDIUM INDUST · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$75,221
Tax year 2023
Assessed value
$4,104,788
Assessed 2023
Previous assessed
$3,985,232
+3.0% YoY
Effective rate
1.83%
On assessed value
Land market value
$1,576,565
Improvement market value
$10,603,118
Total market value
$12,179,683
Applied tax rate
1,900.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
5.63 ac (245,243 SF)
Zoning code
LMI-LIGHT MEDIUM INDUST
APN
17-02-33-21-01219-000
UPID
US71-0345497
Jurisdiction
LANE
Zoning & alternative use
LMI-LIGHT MEDIUM INDUST · Springfield, OR
Zoning LMI-LIGHT MEDIUM INDUST · permitted uses
LMI-LIGHT MEDIUM INDUST · Springfield, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
5.63 ac
Current owner
From public records · entity-resolved
I-105 Secure Storage LLC
Entity
Mailing address
PO BOX 1735, SPRINGFIELD, OR 97477-0127
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2013
—
I-105 Secure Storage LLC
—
Trustees Deed
related
$250,000 · Pacific Continental Bank
Sep 28, 2012
—
I-105 Secure Storage LLC
—
Deed Of Trust
related
$1,389,582 · Pacific Continental Bank
Aug 6, 2007
—
I-105 Secure Storage LLC
High Banks Road LLC
Warranty Deed
—
Jan 4, 2001
$465,000
High Banks Road LLC
Sullivan Trust
Grant Deed
related
—
—
—
I-105 Secure Storage LLC
—
Deed Of Trust
related
$2,350,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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