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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Commercial real estate
9273 Cascade SE Hwy Sublimity, OR 97385-9645
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0657631
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1936
Total area
3,366 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C
APN
091W03B 00700
UPID
US71-0657631
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
$544k
Blend (final)
Blend
$545k
Owner & transaction history
Ksd Investments LLC · 20 yrs held
Ksd Investments LLC
since 2005
7 recorded transactions
Zoning & alternative use
C · Sublimity, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to provide areas for the broad range of commercial operations and services required to meet the economic needs of the City of Sublimity.
Zone name
Commercial General
General category
COMMERCIAL
Zone area
60.63 ac
Source
Realmo
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 Sublimity submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sublimity 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
COMMERCIAL (GENERAL)
$670,000
Current use
RETAIL STORES
$665,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$645,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$162 / 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
$2,242
Tax year 2023
Assessed value
$175,840
Assessed 2023
Previous assessed
$60,180
+192.2% YoY
Effective rate
1.28%
On assessed value
Land market value
$230,640
Improvement market value
$153,870
Total market value
$384,510
Applied tax rate
29,180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1936
Heating
NONE
Stories
1
Bathrooms
2
Total area
3,366 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C
APN
091W03B 00700
UPID
US71-0657631
Jurisdiction
MARION
Zoning & alternative use
C · Sublimity, ORZoning C · permitted uses
C · Sublimity, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to provide areas for the broad range of commercial operations and services required to meet the economic needs of the City of Sublimity.
Zone name
Commercial General
General category
COMMERCIAL
Zone area
60.63 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$670,000
RETAIL STORES
Est. value
$665,000
WAREHOUSE, STORAGE
Est. value
$645,000
COMMERCIAL (GENERAL) Current
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
1936
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Ksd Investments LLC
Entity
Free & Clear · 20 yrs held
Mailing address
500 SW SUBLIMITY BLVD, SUBLIMITY, OR 97385-9629
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Dec 22, 2008
—
Ksd Properties LLC
—
Grant Deed
related
$10,000,000 · Us Bank NA
Sep 24, 2008
—
Ksd Properties LLC
—
Grant Deed
related
$10,000,000 · Us Bank NA
Mar 18, 2008
—
Ksd Investments LLC
—
Grant Deed
related
$10,000,000 · Us Bank Trust Co
Oct 28, 2005
$380,000
Ksd Investments LLC
Grames,lawrence & Glenna
Warranty Deed
—
Oct 25, 2005
$380,000
Lawrence Grames
Cranston,clarence R & Judin
Warranty Deed
—
Oct 4, 1994
$5,000
Oregon State Transportation De
Cranston,clarence R & Judi N
Grant Deed
—
Nov 28, 1988
$70,000
Clarence R Cranston
Unknown
Grant Deed
—
—
—
Clarence R Cranston
—
Deed Of Trust
related
$108,000 · American Residential Mortgage
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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