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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Mobile home & RV parks
85 3rd St Tillamook, OR 97141-9400
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0811007
Property profile
Verified
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Year built
1993
Total area
300 SF
Lot
6.82 ac (297,079 SF)
Zoning code
RC
APN
1S1026-00-02300
UPID
US71-0811007
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
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.41M
Owner & transaction history
R3 Coastal LLC · 4 yrs held
R3 Coastal LLC
since 2022
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
RC · Tillamook, 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 Tillamook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tillamook 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
$1,415,000
ML approach
$1,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10% · vs last sale $1.40M (Mar 15 2022)
Last sale anchor
$1.40M
Mar 15 2022
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
$4,683 / 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
$1,939
Tax year 2023
Assessed value
$189,840
Assessed 2023
Previous assessed
$184,320
+3.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$125,060
Assessed improvement
$64,780
Land market value
$308,160
Improvement market value
$1,520,980
Total market value
$1,829,140
Applied tax rate
912.0000
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
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Status
Off-Market
Year built
1993
Heating
BASEBOARD
Rooms
5
Bathrooms
2
Total area
300 SF
Lot
6.82 ac (297,079 SF)
Zoning code
RC
APN
1S1026-00-02300
UPID
US71-0811007
Jurisdiction
TILLAMOOK
Zoning & alternative use
RC · Tillamook, OR
Zoning RC · permitted uses
RC · Tillamook, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tillamook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
BASEBOARD
Rooms
5
Bathrooms
2
Lot
6.82 ac
Current owner
From public records · entity-resolved
R3 Coastal LLC
Entity
Mailing address
62570 EAGLE RD, BEND, OR 97701-9527
Ownership since
2022
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
Apr 8, 2022
—
R3 Coastal LLC
—
Deed
related
$1,689,478 · First Interstate Bank
Apr 7, 2022
—
R3 Coastal LLC
—
Deed
related
$78,705 · First Interstate Bank
Mar 15, 2022
$1,400,000
R3 Coastal LLC
Leslie Ellis Martinez
Warranty Deed
$1,388,000 · First Heritage Bank
Dec 6, 2018
$580,000
Leslie E Martinez
Taylor,joseph L & Teresa M
Warranty Deed
—
Sep 28, 2007
$350,000
Joseph L Taylor
Roberts A D Living Trust
Warranty Deed
$250,000 · Roberts Anna D Living Trust
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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