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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Investment properties
10529 Halsey St Portland, OR 97220-3958
Entity Owned
5-yr Hold
Free & Clear
Property ID
US71-0155319
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1964
Total area
3,060 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CN2
APN
1N2E27CC 05500
UPID
US71-0155319
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
-
Tyler Medical Clinic: Tyler Jeffrey R MD Physician
-
Portland Vtality Longevity Center Medical Clinic
-
Tyler Medical Clinic Medical Clinic
-
Halsey106 Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$662k
Blend (final)
Blend
$660k
Owner & transaction history
Medak LLC · 5 yrs held
Medak LLC
since 2021
4 recorded transactions
Zoning & alternative use
CN2 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$935,000
+13.1%
Medical building
$925,000
+11.8%
Retail stores
$920,000
+11.2%
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
COMMERCIAL (GENERAL)
$825,000
Current use
AUTO REPAIR, GARAGE
$935,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$925,000
Change: +12% · Conversion: Easy
RETAIL STORES
$920,000
Change: +11% · Conversion: Easy
OFFICE BUILDING
$885,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$216 / 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
$6,797
Tax year 2023
Assessed value
$304,340
Assessed 2023
Previous assessed
$295,480
+3.0% YoY
Effective rate
2.23%
On assessed value
Land market value
$507,210
Improvement market value
$352,210
Total market value
$859,420
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1964
Heating
FORCED AIR
Stories
1
Bathrooms
4
Total area
3,060 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CN2
APN
1N2E27CC 05500
UPID
US71-0155319
Jurisdiction
MULTNOMAH
Zoning & alternative use
CN2 · Portland, OR
Zoning CN2 · permitted uses
CN2 · 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
COMMERCIAL (GENERAL) Current
Est. value
$825,000
AUTO REPAIR, GARAGE
Est. value
$935,000
MEDICAL BUILDING
Est. value
$925,000
RETAIL STORES
Est. value
$920,000
OFFICE BUILDING
Est. value
$885,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1964
Heating
FORCED AIR
Stories
1
Bathrooms
4
Lot
0.18 ac
Current owner
From public records · entity-resolved
Medak LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2030 NE 44TH AVE, PORTLAND, OR 97213-1310
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2021
—
Medak LLC
Jennifer Viuhkola
Grant Deed
related
—
Dec 31, 2020
—
Medak LLC
Karen T Medak
Quit Claim Deed
—
Jun 12, 2003
$340,000
John D Medak
Dts Properties LLC
Grant Deed
—
Dec 14, 2000
$238,000
Dts Properties LLC
Brown,jack L & Rachel
Quit Claim Deed
related
$165,000 · Merchant National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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