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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Parking lots & garages
843 Marine Dr, Astoria, OR 97103-5825
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-1046917
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1993
Lot
0.19 ac (8,276 SF)
APN
80918BC14900
UPID
US71-1046917
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
$1.45M
Owner & transaction history
Red Spoon Properties LLC · 1 yrs held
Red Spoon Properties LLC
since 2025
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
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 Astoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Astoria 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
$2,313
Tax year 2023
Assessed value
$116,207
Assessed 2023
Previous assessed
$112,823
+3.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$150,195
Improvement market value
$46,486
Total market value
$196,681
Applied tax rate
101.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1993
Heating
NONE
Buildings
2
Lot
0.19 ac (8,276 SF)
APN
80918BC14900
UPID
US71-1046917
Jurisdiction
CLATSOP
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Buildings
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Red Spoon Properties LLC
Entity
Mailing address
PO BOX 86, ASTORIA, OR 97103-0086
Ownership since
2025
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
Jun 12, 2025
$1,450,000
Red Spoon Properties LLC
Dqof1973 LLC
Warranty Deed
$738,000 · Savibank
Sep 24, 2020
—
Dqof1973 LLC
—
Deed
related
$999,800 · Bank & Tr
Apr 29, 2016
$1,100,000
Dairy Queen Of 1973 LLC
Adq Properties LLC
Warranty Deed
$960,000 · Craft3
Mar 28, 2012
—
Adq Cleaners LLC
Storey,jill K
Grant Deed
related
—
—
—
Dqof1973 LLC
—
Deed Of Trust
related
$999,800 · Bank & Tr
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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