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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Retail space
1555 Orient Dr Gresham, OR 97080-7227
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0062753
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
4,040 SF
Lot
0.45 ac (19,602 SF)
Zoning code
GC
APN
1S3E14AD 01700
UPID
US71-0062753
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
$748k
Blend (final)
Blend
$750k
Owner & transaction history
Polanda LLC · 5 yrs held
Polanda LLC
since 2021
5 recorded transactions
Zoning & alternative use
GC · Gresham, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+79.9%
Auto repair, garage
$1.2M
+76.4%
Commercial (general)
$1.2M
+69.6%
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 Gresham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gresham 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
RETAIL STORES
$680,000
Current use
MEDICAL BUILDING
$1,220,000
Change: +80% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,195,000
Change: +76% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,150,000
Change: +70% · Conversion: Easy
OFFICE BUILDING
$1,040,000
Change: +53% · Conversion: Easy
WAREHOUSE, STORAGE
$840,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$186 / 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
$9,836
Tax year 2023
Assessed value
$522,410
Assessed 2023
Previous assessed
$507,200
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$395,240
Improvement market value
$447,540
Total market value
$842,780
Applied tax rate
26.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Heating
NONE
Stories
1
Total area
4,040 SF
Lot
0.45 ac (19,602 SF)
Zoning code
GC
APN
1S3E14AD 01700
UPID
US71-0062753
Jurisdiction
MULTNOMAH
Zoning & alternative use
GC · Gresham, ORZoning GC · permitted uses
GC · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$680,000
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$840,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1980
Heating
NONE
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Polanda LLC
Entity
Mailing address
11158 SE LENORE ST, HAPPY VALLEY, OR 97086-8791
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2021
—
Polanda LLC
Suk Hwang Ho
Warranty Deed
—
Jul 20, 2011
$880,000
Suk Hwang Ho
Kamal Ballan
Warranty Deed
$640,000 · Wells Fargo Bank NA
May 9, 2007
$852,500
Kamal Ballan
Jds Development Oregon LLC
Warranty Deed
$787,500 · Wells Fargo Bank NA
Aug 1, 2006
—
Donald R Rhoads
S & N Dev Corp
Warranty Deed
related
—
May 15, 2006
—
S & N Dev Corp
—
Deed Of Trust
related
$5,680,000 · Iq Cu
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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