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Property profile & analytics
OFF-MARKET
Sports & entertainment properties
13 6th Ave Portland, OR 97209-3606
Entity Owned
7-yr Hold
Free & Clear
Property ID
US71-0976711
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1912
Total area
3,000 SF
Lot
0.07 ac (3,000 SF)
Zoning code
CXD
APN
1N1E34CA 12100
UPID
US71-0976711
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
-
Star Theater and Starlight Lounge Music Venue Bar & Pub
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
Tempest 2011 LLC · 7 yrs held
Tempest 2011 LLC
since 2018
7 recorded transactions
Zoning & alternative use
CXD · 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
$6,842
Tax year 2023
Assessed value
$258,450
Assessed 2023
Previous assessed
$250,930
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$434,590
Improvement market value
$381,470
Total market value
$816,060
Applied tax rate
889.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1912
Heating
NONE
Stories
1
Total area
3,000 SF
Lot
0.07 ac (3,000 SF)
Zoning code
CXD
APN
1N1E34CA 12100
UPID
US71-0976711
Jurisdiction
MULTNOMAH
Zoning & alternative use
CXD · Portland, OR
Zoning CXD · permitted uses
CXD · 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
1912
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Tempest 2011 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1816 SE 11TH AVE, PORTLAND, OR 97214-4705
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2018
$2,387,500
Tempest 2011 LLC
Faillace,frank
Grant Deed
—
Jun 25, 2018
$2,400,000
Frank Faillace
Dharma Theater LLC
Grant Deed
$2,387,500 · Dharma Theater LLC
Sep 16, 2005
—
Dharma Theater LLC
Deutsch Daniel C 1976 Trust
Warranty Deed
related
—
Jan 7, 2005
$820,000
Deutsch Daniel C 1976 Trust
Star Theatre LLC
Warranty Deed
—
Dec 18, 2001
—
Star Theater LLC
Oniel,thomas
Quit Claim Deed
related
$445,000 · Albina Community Bank
Feb 11, 2000
$375,000
Thoams O'neil
P M P LLC
Grant Deed
—
Oct 28, 1999
$325,000
P M P LLC
Sawtooth Film Co
Grant Deed
$275,000 · Seller
Dec 3, 1993
$135,000
Sawtooth Film Co INC
Manessiotis,geor
Grant Deed
—
Sep 1, 1992
$100,000
George Manessiotis
Unknown
Grant Deed
—
—
—
Sawtooth Film Co INC
—
Deed Of Trust
related
$600,000 · Exchange Bank
—
—
Sawtooth Film Co INC
—
Deed Of Trust
related
$325,000 · Exchange Bank
—
—
Sawtooth Film Co INC
—
Deed Of Trust
related
$100,000 · Exchange 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.
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