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Property profile & analytics
OFF-MARKET
Super regional malls
1140 Fairfax Pl, Portland, OR 97225-6043
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0171657
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1990
Construction
WOOD FRAME
Total area
3,172 SF
Lot
0.33 ac (14,375 SF)
Zoning code
R-15
APN
1S101DB-00500
UPID
US71-0171657
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tuan Ho · 15 yrs held
Tuan Ho
since 2010
7 recorded transactions
Zoning & alternative use
R-15 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
Tax billed
$15,768
Tax year 2023
Assessed value
$869,130
Assessed 2023
Previous assessed
$843,820
+3.0% YoY
Effective rate
1.81%
On assessed value
Land market value
$790,300
Improvement market value
$305,810
Total market value
$1,096,110
Applied tax rate
51.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1990
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Bathrooms
3
Total area
3,172 SF
Lot
0.33 ac (14,375 SF)
Zoning code
R-15
APN
1S101DB-00500
UPID
US71-0171657
Jurisdiction
WASHINGTON
Zoning & alternative use
R-15 · Portland, OR
Zoning R-15 · permitted uses
R-15 · 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
1990
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Bathrooms
3
Lot
0.33 ac
Current owner
From public records · entity-resolved
Tuan Ho
Individual
Mailing address
2890 E DECATUR AVE, FRESNO, CA 93720-6406
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2010
$590,000
Tuan Ho
R Mark Dougherty
Warranty Deed
$413,000 · Wells Fargo Bank NA
Nov 30, 2007
—
Mark Dougherty
Dougherty,r Mark & Abigail M
Quit Claim Deed
related
—
Oct 27, 2000
$575,000
Dougherty R M
Brittle Trust
Grant Deed
$460,000 · Provident Funding Assoc LP
Jul 10, 1989
$85,000
Brittle Gordon N
Unknown
Grant Deed
—
—
—
Dougherty R M
—
Deed Of Trust
related
$459,100 · Capitol Commerce Mortgage Co
—
—
Dougherty R M
—
Deed Of Trust
related
$458,500 · First Technology FCU
—
—
Dougherty R M
—
Deed Of Trust
related
$462,500 · America's Wholesale Lender
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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