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Property profile & analytics
OFF-MARKET
Estimated value
$6,470,000
Grocery and convenience stores
Seaside, OR 97138
Entity Owned
6-yr Hold
Free & Clear
Property ID
US71-1262502
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2020
Lot
0.92 ac (40,075 SF)
APN
61021DD00500
UPID
US71-1262502
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
$6.47M
Owner & transaction history
Agree LP · 6 yrs held
Agree LP
since 2020
Last sale
$6.5M
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 Seaside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seaside 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
$7,475,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.47M
Range $5.82M – $7.12M · ±10% · vs last sale $6.47M (Jun 19 2020)
Last sale anchor
$6.47M
Jun 19 2020
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
—
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
$26,926
Tax year 2023
Assessed value
$1,875,128
Assessed 2023
Previous assessed
$1,820,514
+3.0% YoY
Effective rate
1.44%
On assessed value
Land market value
$772,133
Improvement market value
$2,321,351
Total market value
$3,093,484
Applied tax rate
1,029.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2020
Heating
NONE
Buildings
2
Lot
0.92 ac (40,075 SF)
APN
61021DD00500
UPID
US71-1262502
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
Year built
2020
Heating
NONE
Buildings
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Agree LP
Entity
Free & Clear · 6 yrs held
Mailing address
5650 HOLLIS ST, EMERYVILLE, CA 94608-2597
Ownership since
2020
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
Jun 19, 2020
$6,472,000
Agree LP
Mmcg Goi Seaside LLC
Grant Deed
—
Sep 24, 2019
—
Mmcg Goi Seaside LLC
—
Correction Deed
related
$4,499,350 · Spirit Of Tx Bk Ssb
Sep 19, 2019
$1,050,000
Mmcg Goi Seaside LLC
Tlc FCU
Trustees Deed
$1,050,000 · Spirit Of Tx Bk Ssb
Jul 2, 2014
$2,500,000
Cross Creek Land South LLC
Tlc FCU
Grant Deed
$2,499,500 · Tlc FCU
Sep 16, 2011
—
Tlc FCU
Hta Properties LLC
Deed In Lieu Of Foreclosure
related
—
Sep 30, 2009
$2,350,000
Hta Properties LLC
Tlc FCU
Grant Deed
—
Oct 30, 2006
$2,350,000
Tlc FCU
Henke,harry IV
Warranty Deed
—
Apr 1, 2004
$325,000
Harry Henke IV
Clatsop County Hsng Authority
Warranty Deed
$275,000 · Clatsop County Hsng Authority
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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