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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Specialty properties
Sherwood, OR 97140
Individually Owned
Absentee Owner
Free & Clear
Property ID
US71-1260822
Property profile
Verified
Property type
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Lot
31.32 ac (1,364,299 SF)
Zoning code
EFU
APN
2S21400-00500
UPID
US71-1260822
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
$2.60M
Owner & transaction history
Lonny Bessett
Lonny Bessett
since 2026
Last sale
$2.6M
3 recorded transactions
Zoning & alternative use
EFU · Sherwood, OR
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 Sherwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sherwood 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
$623
Tax year 2023
Assessed value
$47,960
Assessed 2023
Previous assessed
$46,570
+3.0% YoY
Effective rate
1.30%
On assessed value
Land market value
$328,860
Total market value
$328,860
Applied tax rate
39.0000
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
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Status
Off-Market
Heating
NONE
Lot
31.32 ac (1,364,299 SF)
Zoning code
EFU
APN
2S21400-00500
UPID
US71-1260822
Jurisdiction
WASHINGTON
Zoning & alternative use
EFU · Sherwood, OR
Zoning EFU · permitted uses
EFU · Sherwood, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sherwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
31.32 ac
Current owner
From public records · entity-resolved
Lonny Bessett
Individual
Free & Clear · 0 yrs held
Mailing address
24000 SW SCHOLLS FRY RD, HILLSBORO, OR 97123-9335
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Jan 7, 2026
—
Lonny Bessett
Rowell Bros INC
Deed
related
—
Dec 5, 2025
$2,600,000
William N Moncovich
Lonny Besset
Warranty Deed
—
Nov 4, 2025
—
Lonny Bessett
Rowell Bros INC
Deed
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.
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