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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Office Spaces
13909 Stark St 13923 Portland, OR 97233-2143
Entity Owned
~
Est. High Equity
Property ID
US71-0717020
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1972
Total area
4,802 SF
Lot
0.45 ac (19,650 SF)
Zoning code
R1D
APN
1N2E35DD 06100
UPID
US71-0717020
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
-
CAIRO Oregon Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$738k
Blend (final)
Blend
$870k
Owner & transaction history
Cairo Stark Street LLC
Cairo Stark Street LLC
since 2025
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
R1D · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+10.4%
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
COMMERCIAL (GENERAL)
$1,255,000
Current use
OFFICE BUILDING
$1,390,000
Change: +10% · Conversion: Easy
RETAIL STORES
$1,160,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $1.00M (Jul 1 2025)
Last sale anchor
$1.00M
Jul 1 2025
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
$181 / 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
$8,312
Tax year 2023
Assessed value
$353,662
Assessed 2023
Effective rate
2.35%
On assessed value
Land market value
$196,500
Improvement market value
$584,210
Total market value
$780,710
Applied tax rate
853.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1972
Heating
NONE
Stories
2
Total area
4,802 SF
Lot
0.45 ac (19,650 SF)
Zoning code
R1D
APN
1N2E35DD 06100
UPID
US71-0717020
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
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
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
1972
Heating
NONE
Stories
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Cairo Stark Street LLC
Entity
Mailing address
11918 SE DIVISION ST, PORTLAND, OR 97266-1037
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$1,000,000
Cairo Stark Street LLC
Blue Diamond Investment Group LLC
Warranty Deed
—
Jun 11, 2025
—
Blue Diamond Investment Group LLC
J And F Property 139th LLC
Special Warranty Deed
—
May 22, 2017
$725,000
Blue Diamond Inv Group LLC
J & F Property 139th LLC
Grant Deed
—
May 2, 2016
—
J & F Property 139th LLC
—
Deed
related
$250,000 · Us Bank NA
Dec 11, 2014
—
J & F Property 139th LLC
Elkhal,joseph S
Grant Deed
related
—
Aug 10, 2004
$457,000
Joseph Elkhal
Turel,tr
Grant Deed
$322,000 · Bank Of America
Oct 24, 1996
—
Turel Trust
Columbia Bookkeeping Service
Quit Claim Deed
related
$130,000 · Pacific One Bank
—
—
Turel,tr
—
Deed Of Trust
related
$250,000 · Bank Of The West
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.
Try Rey
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