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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Commercial land
11108 Powell Blvd, Portland, OR 97266-1702
Entity Owned
1-yr Hold
Free & Clear
Property ID
US71-1917941
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.66 ac (28,955 SF)
Zoning code
CN2
APN
1S2E10CA 00300
UPID
US71-1917941
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
-
Taqueria Lanis Restaurant
-
Lanis taqueria Restaurant
-
Mercadito La Cabana Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$620k
Owner & transaction history
Bejry Ranch Limited Partnership · 1 yrs held
Bejry Ranch Limited Partnership
since 2024
Last sale
$621,276
7 recorded transactions
Zoning & alternative use
CN2 · 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
$700,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $621k (Mar 3 2023)
Last sale anchor
$621k
Mar 3 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
—
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
Previous assessed
$280,600
Land market value
$723,880
Total market value
$723,880
Applied tax rate
705.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.66 ac (28,955 SF)
Zoning code
CN2
APN
1S2E10CA 00300
UPID
US71-1917941
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.
Building & site characteristics
From public records
Heating
NONE
Lot
0.66 ac
Current owner
From public records · entity-resolved
Bejry Ranch Limited Partnership
Entity
Free & Clear · 1 yrs held
Mailing address
5215 SE DUKE ST, PORTLAND, OR 97206-6839
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2024
$1,000,000
Bejry Ranch Limited Partnership
Rose Community Development Corporat
Bargain And Sale Deed
—
Mar 3, 2023
$621,276
Rose Community Development Corporat
Strategic Asset Acquistion LLC
Warranty Deed
$1,340,000 · Network For Oregon Affordable Housi
Jan 17, 2023
—
Strategic Asset Acquisition LLC
Portland General Electric Company
Quit Claim Deed
related
—
Apr 1, 2020
$585,000
Strategic Asset Acquisition Ll
Brisa LLC
Warranty Deed
$397,800 · Private Individual
Dec 15, 2009
—
Brisa LLC
Skhl Ents LLC
Deed In Lieu Of Foreclosure
related
—
Oct 11, 2006
—
Skhl Ents LLC
Lee,sun Y
Warranty Deed
related
—
Jun 21, 2006
$500,000
Sun Y Lee
Brisa LLC
Warranty Deed
$400,000 · Brisa LLC
Apr 8, 2005
$450,000
Brisa LLC
Dampier,jeanie M
Warranty Deed
—
Feb 16, 1996
$450,000
Brisa LLC
Dampier,jeanie M
Grant Deed
—
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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