New search
Property profile & analytics
FOR LEASE
Medical Office Space
10373 NE Hancock St, Portland, OR 97220
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-1851965
For Lease
1 / 11
$22 SF/Yr
10373 NE Hancock St, Portland, OR 97220
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Total area
30,284 SF
Lot
1.32 ac (57,499 SF)
Zoning code
R1
APN
1N2E27CC 04500
UPID
US71-1851965
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
-
Calista Medical Plaza Hospital
-
Sunnyside kaiser Hospital
-
Dr. Thorbecke Physician
-
Heller Laura Counselor Social Worker
-
Dr. Sarah Roff Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.34M
Blend (final)
Blend
$4.63M
Owner & transaction history
Calista Fiesta LLC · 4 yrs held
Calista Fiesta LLC
since 2021
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
R1 · Portland, 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 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
$4,835,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.63M
Range $4.16M – $5.09M · ±10% · vs last sale $4.80M (Nov 23 2021)
Last sale anchor
$4.80M
Nov 23 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
$153 / 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
$29,656
Tax year 2023
Assessed value
$1,622,993
Assessed 2023
Previous assessed
$1,361,200
+19.2% YoY
Effective rate
1.83%
On assessed value
Land market value
$1,437,480
Improvement market value
$2,854,090
Total market value
$4,291,570
Applied tax rate
711.0000
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
For Lease
Year built
1985
Heating
NONE
Stories
2
Total area
30,284 SF
Lot
1.32 ac (57,499 SF)
Zoning code
R1
APN
1N2E27CC 04500
UPID
US71-1851965
Jurisdiction
MULTNOMAH
Zoning & alternative use
R1 · Portland, OR
Zoning R1 · permitted uses
R1 · 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.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
2
Lot
1.32 ac
Current owner
From public records · entity-resolved
Calista Fiesta LLC
Entity
Mailing address
7035 SW HAMPTON ST, TIGARD, OR 97223-8313
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
$4,800,000
Calista Fiesta LLC
Calista Real Estate LLC
Warranty Deed
—
Sep 14, 2012
$2,300,000
Calista Real Estate LLC
Phrg LLC
Warranty Deed
—
Aug 25, 2005
$1,600,000
Phrg LLC
Or-tex Realty Ltd
Warranty Deed
—
Oct 23, 2002
$1,500,000
Or-tex Realty Ltd
Gkps INC
Grant Deed
$1,200,000 · J P Morgan Chase Bank
Oct 23, 2002
—
Gkps INC
Healthmont Of Oregon III INC
Grant Deed
related
—
Aug 30, 1991
$75,700
J James Lundy
Criswell,gary S
Grant Deed
$33,000 · Allen Evelyn L
—
—
Phrg LLC
—
Deed Of Trust
related
$500,000 · Orthopdx LLC
—
—
Phrg LLC
—
Deed Of Trust
related
—
—
—
Calista Real Estate LLC
—
Deed Of Trust
related
$9,300,000 · Miscellaneous Ins Co
—
—
Healthmont Of Oregon III INC
—
Deed Of Trust
related
$600,000 · Healthcare Business Credit
—
—
Healthmont Of Oregon III INC
—
Deed Of Trust
related
$7,000,000 · Healthcare Business Credit
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?”
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.
