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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Medical Office Space
10105 Division St, Portland, OR 97266-1329
Individually Owned
5-yr Hold
Free & Clear
Property ID
US71-0050603
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Total area
5,952 SF
Lot
0.46 ac (20,193 SF)
Zoning code
CO1
APN
1S2E04DD 01900
UPID
US71-0050603
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
$1.93M
Blend (final)
Blend
$1.94M
Owner & transaction history
Tri0 Cnty Metropolitamn Trans Dist · 5 yrs held
Tri0 Cnty Metropolitamn Trans Dist
since 2021
Last sale
$500
5 recorded transactions
Zoning & alternative use
CO1 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+13.4%
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,800,000
Current use
RESTAURANT
$2,040,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,785,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$1,720,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,585,000
Change: -12% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,500,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±10% · vs last sale $500 (Mar 19 2021)
Last sale anchor
$500
Mar 19 2021
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
$325 / SF
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
$22,377
Tax year 2023
Assessed value
$952,050
Assessed 2023
Previous assessed
$924,330
+3.0% YoY
Effective rate
2.35%
On assessed value
Land market value
$504,830
Improvement market value
$1,463,960
Total market value
$1,968,790
Applied tax rate
113.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1967
Heating
NONE
Stories
2
Total area
5,952 SF
Lot
0.46 ac (20,193 SF)
Zoning code
CO1
APN
1S2E04DD 01900
UPID
US71-0050603
Jurisdiction
MULTNOMAH
Zoning & alternative use
CO1 · Portland, OR
Zoning CO1 · permitted uses
CO1 · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.0M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Stories
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Tri0 Cnty Metropolitamn Trans Dist
Individual
Free & Clear · 5 yrs held
Mailing address
15303 SE RIVERCREST DR, VANCOUVER, WA 98683-5352
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2021
$500
Tri0 Cnty Metropolitamn Trans Dist
Don D Sohn
Warranty Deed
—
Aug 11, 2020
$4,346
Tri-county Metro Transportatio
Don D Sohn
Warranty Deed
—
Jun 2, 2003
$900,000
Don D Sohn
Parecki,ed & Amalia
Grant Deed
$400,000 · Wells Fargo Bank Northwest NA
Nov 1, 2001
$790,000
Parecki
Cain,james W & Angela G
Grant Deed
$560,000 · Linn-benton Bank
—
—
Angela Cain
—
Deed Of Trust
related
$330,000 · San Luis Trust 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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