New search
Property profile & analytics
OFF-MARKET
Commercial land
Astoria, OR 97103
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-1253981
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.52 ac (22,651 SF)
APN
80907CA00703
UPID
US71-1253981
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marine Drive Psh Limited Partnershi · 1 yrs held
Marine Drive Psh Limited Partnershi
since 2024
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
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 Astoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Astoria 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,191
Tax year 2023
Assessed value
$260,747
Assessed 2023
Previous assessed
$253,153
+3.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$475,495
Total market value
$475,495
Applied tax rate
101.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.52 ac (22,651 SF)
APN
80907CA00703
UPID
US71-1253981
Jurisdiction
CLATSOP
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.52 ac
Current owner
From public records · entity-resolved
Marine Drive Psh Limited Partnershi
Individual
Mailing address
65 N HWY 101ST STE #204, WARRENTON, OR 97146-9371
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2024
$350,000
Marine Drive Psh Limited Partnershi
Clatsop Behavioral Healthcare
Special Warranty Deed
$2,700,000 · Clatsop Behavioral Healthcare
Oct 19, 2023
$350,000
Clatsop Behavioral Healthcare
Robert J White
Re-recorded Document
related
—
Oct 18, 2023
$350,000
Clatsop Behavioral Heathcare
Robert J White
Warranty Deed
—
Mar 25, 2011
—
Robert J White
Robert J White
Intrafamily Transfer
related
$180,000 · Clatsop Community Bank
Mar 25, 2010
—
Robert J White
—
Trustees Deed
related
$50,000 · Ron Mancini
Sep 17, 2008
—
Robert J White
Ulbricht,kenneth
Grant Deed
related
—
Oct 19, 2007
$340,000
Kenneth Ulbricht
Moore,erick K
Warranty Deed
$24,876 · Erick K Moore
Jun 16, 2006
$300,000
Erick K Moore
S & H INC
Grant Deed
$300,000 · Lblm Investment LLC
—
—
Michael F Elliott
—
Loan Modification
related
$180,000 · Clatsop Community Bank
—
—
Michael F Elliott
—
Loan Modification
related
$200,000 · Clatsop Community Bank
—
—
Michael F Elliott
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Own this property?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
