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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Medical Office Space
10211 Park Way Portland, OR 97225-5009
Entity Owned
13-yr Hold
Free & Clear
Property ID
US71-0147317
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
2,264 SF
Lot
0.23 ac (10,019 SF)
Zoning code
BUS
APN
1S102CC-00300
UPID
US71-0147317
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
Current use
Occupant on record · Public records
-
Pham Dental Care - Portland, OR Dental Office
-
Pham Dental Care Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$946k
Blend (final)
Blend
$945k
Owner & transaction history
J Pham Holdings LLC · 13 yrs held
J Pham Holdings LLC
since 2013
4 recorded transactions
Zoning & alternative use
BUS · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$690,000
+1.1%
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
$685,000
Current use
AUTO REPAIR, GARAGE
$690,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$680,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$655,000
Change: -4% · Conversion: Easy
COMMERCIAL (GENERAL)
$650,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10%
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
$417 / 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
$9,835
Tax year 2023
Assessed value
$465,410
Assessed 2023
Previous assessed
$451,860
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$285,200
Improvement market value
$469,000
Total market value
$754,200
Applied tax rate
51.0000
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
Heating
NONE
Total area
2,264 SF
Lot
0.23 ac (10,019 SF)
Zoning code
BUS
APN
1S102CC-00300
UPID
US71-0147317
Jurisdiction
WASHINGTON
Zoning & alternative use
BUS · Portland, ORZoning BUS · permitted uses
BUS · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$690,000
RETAIL STORES
Est. value
$680,000
OFFICE BUILDING
Est. value
$655,000
COMMERCIAL (GENERAL)
Est. value
$650,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
J Pham Holdings LLC
Entity
Free & Clear · 13 yrs held
Mailing address
10211 SW PARK WAY, PORTLAND, OR 97225-5009
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2013
$370,000
J Pham Holdings LLC
Del Orchard Family Trust
Warranty Deed
related
—
Feb 21, 2012
—
Orchard Del F Family Trust
Namaste Ventures LLC
Deed In Lieu Of Foreclosure
—
Apr 2, 2009
$512,000
Namaste Ventures LLC
Orchard Del F Family Trust
Grant Deed
—
—
—
J Pham Holdings LLC
—
Deed Of Trust
related
$930,000 · Bank Of America
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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