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Property profile & analytics
OFF-MARKET
Warehouses
Hermiston, OR 97838
Individually Owned
Free & Clear
Property ID
US71-1431020
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1987
Total area
1,120 SF
Lot
1.15 ac (50,007 SF)
Zoning code
M-1
APN
4N2810AA03300
UPID
US71-1431020
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
BARTLETT RHONDA HUGHES M J
BARTLETT RHONDA HUGHES M J
Zoning & alternative use
M-1 · Hermiston, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
L ZONE (C-1). § 157.041 OUTLYING COMMERCIAL ZONE (C-2). § 157.042 DOWNTOWN COMMERCIAL OVERLAY ZONE (DCO). § 157.043 NEIGHBORHOOD COMMERCIAL OVERLAY ZONE (NCO). Article V INDUSTRIAL ZONES § 157.055 LIGHT INDUSTRIAL ZONE (M-1). § 157.056 HEAVY INDUSTRIAL ZONE (M-2). § 157.057 FAIRGROUNDS OVERLAY. § 157.058 HYPERSCALE DATA CENTER (HDC) OVERLAY. Article VI AIRPO…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
228.18 ac
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 Hermiston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermiston 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
$13,857
Tax year 2023
Assessed value
$643,090
Assessed 2023
Previous assessed
$624,360
+3.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$130,920
Assessed improvement
$512,170
Land market value
$281,230
Improvement market value
$1,100,190
Total market value
$1,381,420
Applied tax rate
801.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
NONE
Total area
1,120 SF
Lot
1.15 ac (50,007 SF)
Zoning code
M-1
APN
4N2810AA03300
UPID
US71-1431020
Jurisdiction
UMATILLA
Zoning & alternative use
M-1 · Hermiston, ORZoning M-1 · permitted uses
M-1 · Hermiston, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
L ZONE (C-1). § 157.041 OUTLYING COMMERCIAL ZONE (C-2). § 157.042 DOWNTOWN COMMERCIAL OVERLAY ZONE (DCO). § 157.043 NEIGHBORHOOD COMMERCIAL OVERLAY ZONE (NCO). Article V INDUSTRIAL ZONES § 157.055 LIGHT INDUSTRIAL ZONE (M-1). § 157.056 HEAVY INDUSTRIAL ZONE (M-2). § 157.057 FAIRGROUNDS OVERLAY. § 157.058 HYPERSCALE DATA CENTER (HDC) OVERLAY. Article VI AIRPORT ZONE (A) § 157.070 PERMITTED USES. § 157.071 CONDITIONAL PERMITTED USES. § 157.0
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
228.18 ac
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Lot
1.15 ac
Current owner
From public records · entity-resolved
BARTLETT RHONDA HUGHES M J
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 203, HERMISTON, OR 97838-0203
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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