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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Auto shops
8866 Old Tualatin Sherwood Rd Tualatin, OR 97062-9601
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0698208
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Total area
4,636 SF
Lot
0.56 ac (24,394 SF)
Zoning code
ML
APN
2S123DA-01500
UPID
US71-0698208
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
$1.22M
Blend (final)
Blend
$1.22M
Owner & transaction history
Louis J Fasano · 8 yrs held
Louis J Fasano
since 2018
7 recorded transactions
Zoning & alternative use
ML · Tualatin, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+96.3%
Commercial (general)
$1.3M
+70.6%
Retail stores
$1.0M
+37.7%
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 Tualatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tualatin 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
AUTO REPAIR, GARAGE
$755,000
Current use
MEDICAL BUILDING
$1,480,000
Change: +96% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,285,000
Change: +71% · Conversion: Moderate
RETAIL STORES
$1,035,000
Change: +38% · Conversion: Difficult
WAREHOUSE, STORAGE
$810,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±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
$263 / 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
$19,284
Tax year 2023
Assessed value
$1,097,460
Assessed 2023
Previous assessed
$1,065,500
+3.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$679,390
Improvement market value
$1,140,140
Total market value
$1,819,530
Applied tax rate
23.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Heating
NONE
Buildings
2
Total area
4,636 SF
Lot
0.56 ac (24,394 SF)
Zoning code
ML
APN
2S123DA-01500
UPID
US71-0698208
Jurisdiction
WASHINGTON
Zoning & alternative use
ML · Tualatin, OR
Zoning ML · permitted uses
ML · Tualatin, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tualatin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$755,000
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$810,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1985
Heating
NONE
Buildings
2
Lot
0.56 ac
Current owner
From public records · entity-resolved
Louis J Fasano
Individual
Mailing address
5611 NE COLUMBIA BLVD, PORTLAND, OR 97218-1237
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2018
—
Tualatin Sherwood LLC
—
Deed
related
$1,256,000 · Keybank USA
Mar 26, 2018
—
Louis J Fasano
Hurlbutt Fasano & Wonacott Pts
Quit Claim Deed
—
Mar 5, 2018
$1,550,000
Tualatin Sherwood LLC
Fasano,louis J & Margaret P
Warranty Deed
—
Mar 5, 2018
—
Louis J Fasano
Hurlbutt Fasano & Wonacott Pts
Quit Claim Deed
—
Oct 4, 2013
—
Fasano Hurlbutt
Fasano Family LLC
Quit Claim Deed
related
$380,000 · Bank Of The West
Feb 10, 2006
—
Fasano Family LLC
Fasano,louis J & Margaret P
Quit Claim Deed
—
—
—
Tualatin Sherwood LLC
—
Deed Of Trust
related
$1,256,000 · Keybank USA
—
—
Louis J Fasano
—
Deed Of Trust
related
$465,000 · Pinnacle 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.
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