New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,910,000
Medical Office Space
10215 Hall Blvd 200, Portland, OR 97223-8809
Entity Owned
2-yr Hold
Free & Clear
Property ID
US71-0156904
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Total area
9,514 SF
Lot
0.67 ac (29,185 SF)
Zoning code
MUR-2
APN
1S135AA-01400
UPID
US71-0156904
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
-
Mr. Scott Maury Physician
-
Meghan Woody Health Care Facility
-
Dr. Eric J. Hester Physician Medical Clinic
-
Stacy Epsteen, ANP Physician
-
Gretchen E. Vanderbeek, M.D. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.16M
Comparable Approach
Comparable
$3.12M
Blend (final)
Blend
$2.91M
Owner & transaction history
Fugate Family Limited Partnership · 2 yrs held
Fugate Family Limited Partnership
since 2023
Last sale
$2.7M
4 recorded transactions
Zoning & alternative use
MUR-2 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+13.4%
Auto repair, garage
$2.9M
+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
$2,990,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,335,000
6.5%
$2,155,000
7%
$2,000,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,875,000
Current use
RESTAURANT
$3,260,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,905,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$2,855,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,760,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$2,750,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,530,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$2.91M
Range $2.62M – $3.20M · ±10% · vs last sale $2.65M (Nov 30 2023)
Last sale anchor
$2.65M
Nov 30 2023
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
$306 / 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
$27,260
Tax year 2023
Assessed value
$1,538,090
Assessed 2023
Previous assessed
$1,493,300
+3.0% YoY
Effective rate
1.77%
On assessed value
Land market value
$879,800
Improvement market value
$1,524,730
Total market value
$2,404,530
Applied tax rate
23.0000
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
2004
Heating
NONE
Total area
9,514 SF
Lot
0.67 ac (29,185 SF)
Zoning code
MUR-2
APN
1S135AA-01400
UPID
US71-0156904
Jurisdiction
WASHINGTON
Zoning & alternative use
MUR-2 · Portland, OR
Zoning MUR-2 · permitted uses
MUR-2 · 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
$2.9M
RESTAURANT
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.9M
RETAIL STORES
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2004
Heating
NONE
Lot
0.67 ac
Current owner
From public records · entity-resolved
Fugate Family Limited Partnership
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 5019, SANTA MARIA, CA 93456-5019
Ownership since
2023
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
Nov 30, 2023
$2,650,000
Fugate Family Limited Partnership
Integumend LLC
Warranty Deed
—
Jun 19, 2003
—
Integumend LLC
—
Trustees Deed
related
$1,200,000 · Wells Fargo Bank Northwest NA
Oct 15, 2002
$425,000
Integumend LLC
Besley Properties LLC
Grant Deed
—
—
—
Integumend LLC
—
Deed Of Trust
related
$318,750 · Wells Fargo Bank Northwest NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10215 Hall Blvd, Unit 200?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
