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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Assisted living facilities
14505 Morrison St, Portland, OR 97233-2550
Entity Owned
5-yr Hold
Free & Clear
Property ID
US71-1920152
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1956
Total area
3,736 SF
Lot
0.22 ac (9,500 SF)
Zoning code
LR7
APN
1S2E01BB 04600
UPID
US71-1920152
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
-
Lasko Refuge Medical Clinic
-
Lasko Refuge Harmony House Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$593k
Blend (final)
Blend
$595k
Owner & transaction history
Roundtop LLC · 5 yrs held
Roundtop LLC
since 2020
7 recorded transactions
Zoning & alternative use
LR7 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$980,000
+29.6%
Retail stores
$905,000
+19.8%
Warehouse, storage
$760,000
+1.0%
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$755,000
Current use
COMMERCIAL (GENERAL)
$980,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$905,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$760,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
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
$159 / 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
$7,560
Tax year 2023
Assessed value
$335,570
Assessed 2023
Previous assessed
$325,800
+3.0% YoY
Effective rate
2.25%
On assessed value
Land market value
$211,000
Improvement market value
$522,000
Total market value
$733,000
Applied tax rate
407.0000
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
1956
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
4
Total area
3,736 SF
Lot
0.22 ac (9,500 SF)
Zoning code
LR7
APN
1S2E01BB 04600
UPID
US71-1920152
Jurisdiction
MULTNOMAH
Zoning & alternative use
LR7 · Portland, OR
Zoning LR7 · permitted uses
LR7 · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$755,000
COMMERCIAL (GENERAL)
Est. value
$980,000
RETAIL STORES
Est. value
$905,000
WAREHOUSE, STORAGE
Est. value
$760,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1956
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
Roundtop LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2051 WILLAMETTE FLS DR, WEST LINN, OR 97068-4608
Ownership since
2020
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
Dec 31, 2020
—
Roundtop LLC
Endura Construction LLC
Grant Deed
—
Jul 29, 2020
$500,000
Endura Construction LLC
Nicole R Benner
Warranty Deed
$400,000 · Darrell Beam
Jul 29, 2020
—
Nicole R Burton
Michael R Burton
Quit Claim Deed
related
—
Mar 16, 2005
$360,000
Nicole R Benner
Moore,john
Warranty Deed
$288,000 · Aegis Wholesale Corp
Jun 21, 2002
$289,000
John Moore
Scopu,petar
Grant Deed
$274,550 · Commonwealth United Mtg Co
Dec 28, 2001
$270,000
Petar Scopu
Tyshchuk,pavel & Elena
Grant Deed
$243,000 · Union Planters National Bank
May 27, 1999
—
Pavel Tyshchuk
Adzhugiery,galina
Grant Deed
related
—
Nov 30, 1998
—
Pavel Tyshchuk
Tyshchuk,pavel
Quit Claim Deed
related
$87,000 · National Pacific Mortgage Corp
Apr 5, 1993
$72,950
Pavel Tyshchuk
Gonzales,eugene
Grant Deed
$65,600 · Brown & Co
—
—
Pavel Tyshchuk
—
Deed Of Trust
related
$20,000 · Us Bank NA Nd
—
—
Pavel Tyshchuk
—
Deed Of Trust
related
$21,600 · Us National Bank Oregon
—
—
Pavel Tyshchuk
—
Deed Of Trust
related
$18,400 · Us National Bank Oregon
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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