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Property profile & analytics
OFF-MARKET
Estimated value
$2,720,000
Apartment buildings
10812 Stark St, Portland, OR 97216-3143
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US71-1925527
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Total area
13,464 SF
Lot
0.68 ac (29,621 SF)
Zoning code
R1D
APN
1S2E03BA 05600
UPID
US71-1925527
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
-
Sunnybrook Billing Services, LLC Medical Billing Service
-
Ventura Park Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$2.72M
Owner & transaction history
Ventura 20 LLC · 8 yrs held
Ventura 20 LLC
since 2017
7 recorded transactions
Zoning & alternative use
R1D · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.1M
+14.8%
Medical building
$4.1M
+13.6%
Retail stores
$4.0M
+12.9%
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
APARTMENT HOUSE (5+ UNITS)
$3,580,000
Current use
AUTO REPAIR, GARAGE
$4,110,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$4,065,000
Change: +14% · Conversion: Moderate
RETAIL STORES
$4,040,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$3,890,000
Change: +9% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,875,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$2.72M
Range $2.45M – $2.99M · ±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
$202 / 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
$23,435
Tax year 2023
Assessed value
$997,090
Assessed 2023
Previous assessed
$968,050
+3.0% YoY
Effective rate
2.35%
On assessed value
Land market value
$745,000
Improvement market value
$1,734,670
Total market value
$2,479,670
Applied tax rate
712.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1966
Heating
BASEBOARD
Buildings
2
Stories
2
Bathrooms
20
Total area
13,464 SF
Lot
0.68 ac (29,621 SF)
Zoning code
R1D
APN
1S2E03BA 05600
UPID
US71-1925527
Jurisdiction
MULTNOMAH
Zoning & alternative use
R1D · Portland, OR
Zoning R1D · permitted uses
R1D · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
Year built
1966
Heating
BASEBOARD
Stories
2
Buildings
2
Bathrooms
20
Lot
0.68 ac
Current owner
From public records · entity-resolved
Ventura 20 LLC
Entity
Mailing address
PO BOX 8064, PORTLAND, OR 97207-8064
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2017
$2,850,000
Ventura 20 LLC
5235 Se Lambert LLC
Warranty Deed
$2,010,000 · Umpqua Bank
Feb 29, 2016
$1,700,000
5235 Se Lambert LLC
Ventura Park Apartments LLC
Warranty Deed
$1,190,000 · Umpqua Bank
Jan 31, 2013
—
Ventura Park Apartments LLC
Cach,christopher J
Warranty Deed
related
—
Jan 11, 2013
—
Christopher J Cach
Heideger,lisa C
Warranty Deed
related
—
Dec 26, 2012
—
Lisa C Heideger
Ventura Park LLC
Warranty Deed
related
—
Apr 4, 2007
$1,325,000
Cach Gerald C Trust
Caviglia,ricardo L
Warranty Deed
$25,000 · Intervest Mortgage Co LLC
Mar 2, 2006
—
Ricardo L Caviglia
—
Trustees Deed
related
$912,432 · Bijan Gharechedaghy
Jan 25, 2006
—
Robert L Daniell
Caviglia,ricardo L
Quit Claim Deed
related
$142,500 · Kenneth W Hick
Jul 7, 2004
—
Rick Caviglia
—
Trustees Deed
related
$696,277 · Investment Property Exchange
Jul 2, 2004
$960,000
Ricardo L Caviglia
Daniell,robert L & Susan E
Grant Deed
$686,277 · Robert L & Susan E Daniell
Jul 2, 2004
—
Robertl Daniell
Web Service Co INC
Quit Claim Deed
related
—
Jan 30, 2001
—
Susan Daniell
Web Services Co INC
Quit Claim Deed
related
—
—
—
Robert L Daniell
—
Deed Of Trust
related
$600,000 · Abn Amro Mortgage Group INC
—
—
Rick Caviglia
—
Deed Of Trust
related
$950,000 · Robert L & Susan E Daniell
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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