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Property profile & analytics
OFF-MARKET
Commercial land
Madras, OR 97741
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US71-1360880
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.34 ac (14,810 SF)
Zoning code
C1
APN
111328-AC-01600
UPID
US71-1360880
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
Kevin K Eidemiller · 19 yrs held
Kevin K Eidemiller
since 2007
2 recorded transactions
Zoning & alternative use
C1 · Madras, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the C1 district is to provide areas for the Eating and drinking establishments, Entertainment uses, Governmental uses, Retail trade and services
Zone name
Corridor Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
209.71 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 Madras submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madras 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
$254
Tax year 2023
Assessed value
$12,960
Assessed 2023
Previous assessed
$12,590
+2.9% YoY
Effective rate
1.96%
On assessed value
Land market value
$47,680
Total market value
$47,680
Applied tax rate
140.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.34 ac (14,810 SF)
Zoning code
C1
APN
111328-AC-01600
UPID
US71-1360880
Jurisdiction
JEFFERSON
Zoning & alternative use
C1 · Madras, ORZoning C1 · permitted uses
C1 · Madras, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the C1 district is to provide areas for the Eating and drinking establishments, Entertainment uses, Governmental uses, Retail trade and services
Zone name
Corridor Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
209.71 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Kevin K Eidemiller
Individual
Mailing address
486 JEFFERSON AVE, METOLIUS, OR 97741-2316
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2022
—
Kevin Kahookele Eidemiller
—
Deed
related
$100,000 · Arbor Mortgage Group LLC
Jun 14, 2007
$40,000
Kevin K Eidemiller
Glenn Eidemiller JR
Intrafamily Transfer
related
$70,000 · Whispering Winds Enterprises LLC
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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