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Property profile & analytics
OFF-MARKET
Commercial land
Brookings, OR 97415
Individually Owned
4-yr Hold
Free & Clear
Property ID
US71-1560731
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
3.84 ac (167,270 SF)
Zoning code
R-2
APN
4113-04B -02100
UPID
US71-1560731
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
Herb Brodin · 4 yrs held
Herb Brodin
since 2022
3 recorded transactions
Zoning & alternative use
R-2 · Brookings, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-2 district promote and encourage a suitable environment for family living and to protect and stabilize the residential characteristics of R-2 and other neighborhoods by providing suitable areas for two-family dwellings.
Zone name
Two Family Residential
General category
RESIDENTIAL
Zone area
224.81 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 Brookings submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brookings 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
$1,848
Tax year 2023
Assessed value
$312,060
Assessed 2023
Previous assessed
$302,980
+3.0% YoY
Effective rate
0.59%
On assessed value
Land market value
$340,070
Total market value
$340,070
Applied tax rate
17.0000
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
Lot
3.84 ac (167,270 SF)
Zoning code
R-2
APN
4113-04B -02100
UPID
US71-1560731
Jurisdiction
CURRY
Zoning & alternative use
R-2 · Brookings, ORZoning R-2 · permitted uses
R-2 · Brookings, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-2 district promote and encourage a suitable environment for family living and to protect and stabilize the residential characteristics of R-2 and other neighborhoods by providing suitable areas for two-family dwellings.
Zone name
Two Family Residential
General category
RESIDENTIAL
Zone area
224.81 ac
Source
Realmo
Building & site characteristics
From public records
Lot
3.84 ac
Current owner
From public records · entity-resolved
Herb Brodin
Individual
Free & Clear · 4 yrs held
Mailing address
3308 EL CAMINO AVE #300608, SACRAMENTO, CA 95821-6327
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
—
Herb Brodin
Volker Hildebrandt
Re-recorded Document
related
—
Feb 9, 2022
$3,800,000
Brookings Mhp LLC
David Hancock
Re-recorded Document
related
$2,660,000 · Five Star Bank
Jan 21, 2022
—
Herb Brodin
Volker Hildebrandt
Special Warranty Deed
$2,660,000 · Five Star 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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