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Property profile & analytics
OFF-MARKET
Assisted living facilities
1212 92nd Ave Portland, OR 97216-1859
Individually Owned
7-yr Hold
Property ID
US71-0061714
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1991
Total area
1,568 SF
Lot
0.16 ac (6,970 SF)
Zoning code
R5
APN
1S2E04AC 03600
UPID
US71-0061714
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
John L Mitchell SR · 7 yrs held
John L Mitchell SR
since 2019
7 recorded transactions
Zoning & alternative use
R5 · 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
$3,604
Tax year 2023
Assessed value
$165,750
Assessed 2023
Previous assessed
$160,930
+3.0% YoY
Effective rate
2.17%
On assessed value
Land market value
$205,000
Improvement market value
$171,630
Total market value
$376,630
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1991
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
1,568 SF
Lot
0.16 ac (6,970 SF)
Zoning code
R5
APN
1S2E04AC 03600
UPID
US71-0061714
Jurisdiction
MULTNOMAH
Zoning & alternative use
R5 · Portland, OR
Zoning R5 · permitted uses
R5 · 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
1991
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
John L Mitchell SR
Individual
Mailing address
1212 SE 92ND AVE, PORTLAND, OR 97216-1859
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Apr 22, 2019
—
John L Mitchell SR
Mitchell,john L SR
Quit Claim Deed
related
$143,000 · Caliber Hm Loans
May 29, 2009
—
John L Mitchell SR.
Mitchell,john L
Quit Claim Deed
related
$172,722 · Bank Of America
Jan 6, 2006
$170,200
John L Mitchell
Crosson,walter M & Lois J
Warranty Deed
$173,859 · Countrywide Home Loans INC
Oct 11, 2002
$105,000
Walter M Crosson
Hud
Grant Deed
$103,377 · Countrywide Home Loans INC
Jun 23, 1997
$117,000
Harold L Denniston
Galperin,clara
Grant Deed
$116,156 · Norwest Mortgage INC
Sep 1, 1991
$12,500
Donald J Overby
Stark,doris
Grant Deed
$64,800 · Washington Mutual Fsb
—
—
Mitchell,john L SR
—
Deed Of Trust
related
$173,521 · Mortgage Investors INC
—
—
Walter M Crosson
—
Deed Of Trust
related
$103,521 · E Trade Mortgage Corp
—
—
Walter M Crosson
—
Deed Of Trust
related
$30,000 · Secured Funding Corp
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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