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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Warehouses
890 2nd St Jefferson, OR 97352
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0086645
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
4,408 SF
Lot
0.5 ac (21,780 SF)
Zoning code
MUH
APN
103W02DD00300
UPID
US71-0086645
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
-
Purple Frog Quilt Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$516k
Blend (final)
Blend
$525k
Owner & transaction history
Jefferson Assembly Of God · 3 yrs held
Jefferson Assembly Of God
since 2022
Last sale
$390,000
5 recorded transactions
Zoning & alternative use
MUH · Jefferson, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$870,000
+2.6%
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 Jefferson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jefferson 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
$620,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$845,000
Current use
RETAIL STORES
$870,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $390k (Aug 26 2022)
Last sale anchor
$390k
Aug 26 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
$119 / 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
$2,065
Tax year 2023
Assessed value
$140,900
Assessed 2023
Previous assessed
$136,800
+3.0% YoY
Effective rate
1.47%
On assessed value
Land market value
$127,960
Improvement market value
$277,410
Total market value
$405,370
Applied tax rate
14,130.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Stories
1
Total area
4,408 SF
Lot
0.5 ac (21,780 SF)
Zoning code
MUH
APN
103W02DD00300
UPID
US71-0086645
Jurisdiction
MARION
Zoning & alternative use
MUH · Jefferson, OR
Zoning MUH · permitted uses
MUH · Jefferson, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jefferson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$845,000
RETAIL STORES
Est. value
$870,000
WAREHOUSE, STORAGE Current
RETAIL STORES
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
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Jefferson Assembly Of God
Individual
Mailing address
PO BOX 149, JEFFERSON, OR 97352-0149
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
Aug 26, 2022
$390,000
Jefferson Assembly Of God
Ykc LLC
Warranty Deed
$325,000 · Asembilles Of God Loan Fund
Jun 15, 2017
—
Gold Star Construction INC
Premiere Estate Homes INC
Grant Deed
related
$200,000 · Gary Brown
Jun 24, 2004
—
Premiere Estate Homes INC
—
Trustees Deed
related
$200,000 · Rose M Andreas
Jan 8, 2004
$93,000
Premier Estate Homes INC
Nohrnberg,willard H & Paula M
Grant Deed
—
Apr 25, 1986
$5,000
Pearl E 1 2 Et Al Bradley
Unknown
Grant Deed
—
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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