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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office buildings
905 Main St, Aumsville, OR 97325-9661
Entity Owned
5-yr Hold
Free & Clear
Property ID
US71-0974287
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1945
Total area
3,720 SF
Lot
0.33 ac (14,375 SF)
Zoning code
CL-BD
APN
082W25DC04100
UPID
US71-0974287
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
$745k
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$700k
Owner & transaction history
Rasmussen Industries LLC · 5 yrs held
Rasmussen Industries LLC
since 2021
Last sale
$50,000
5 recorded transactions
Zoning & alternative use
CL-BD · Aumsville, 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 Aumsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aumsville 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%
$810,000
6.5%
$745,000
7%
$695,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,015,000
Current use
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $50k (May 4 2021)
Last sale anchor
$50k
May 4 2021
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
$188 / 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
$4,395
Tax year 2023
Assessed value
$282,140
Assessed 2023
Previous assessed
$273,930
+3.0% YoY
Effective rate
1.56%
On assessed value
Land market value
$85,200
Improvement market value
$346,620
Total market value
$431,820
Applied tax rate
5,050.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1945
Heating
NONE
Stories
1
Total area
3,720 SF
Lot
0.33 ac (14,375 SF)
Zoning code
CL-BD
APN
082W25DC04100
UPID
US71-0974287
Jurisdiction
MARION
Zoning & alternative use
CL-BD · Aumsville, OR
Zoning CL-BD · permitted uses
CL-BD · Aumsville, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aumsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
OFFICE BUILDING Current
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
1945
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Rasmussen Industries LLC
Entity
Free & Clear · 5 yrs held
Mailing address
10241 LEVERMAN RD SE, AUMSVILLE, OR 97325-9713
Ownership since
2021
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
May 4, 2021
—
Rasmussen Industries LLC
Mbs Leasing INC
Grant Deed
related
—
May 2, 1997
$50,000
Mbs Leasing INC
Elliott,timothy M
Grant Deed
—
May 17, 1996
$27,000
Webb,bennie F & Michelle C
Mathias,joel F & Joan S
Trustees Deed
—
May 17, 1996
$40,600
Elliott,timothy M
Webb,bennie F
Trustees Deed
$20,500 · Seller
Jul 12, 1989
$10,500
Joel F Mathias
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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