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Property profile & analytics
OFF-MARKET
Estimated value
$2,810,000
Automotive properties
1660 Division St 1690 Gresham, OR 97030-4256
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US71-0441554
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1986
Total area
6,360 SF
Lot
0.62 ac (26,818 SF)
Zoning code
GC
APN
1S3E10AA 00200
UPID
US71-0441554
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
$2.81M
Blend (final)
Blend
$2.81M
Owner & transaction history
K & S Properties LLC · 10 yrs held
K & S Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
GC · Gresham, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+20.7%
Medical building
$1.9M
+1.9%
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
AUTO REPAIR, GARAGE
$1,885,000
Current use
RESTAURANT
$2,275,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$1,920,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$2.81M
Range $2.53M – $3.09M · ±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
$442 / 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
$21,900
Tax year 2023
Assessed value
$1,163,200
Assessed 2023
Previous assessed
$1,129,330
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$918,620
Improvement market value
$1,252,950
Total market value
$2,171,570
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
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1986
Heating
NONE
Stories
1
Total area
6,360 SF
Lot
0.62 ac (26,818 SF)
Zoning code
GC
APN
1S3E10AA 00200
UPID
US71-0441554
Jurisdiction
MULTNOMAH
Zoning & alternative use
GC · Gresham, OR
Zoning GC · permitted uses
GC · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gresham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
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
1986
Heating
NONE
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
K & S Properties LLC
Entity
Mailing address
20641 S FERGUSON RD, OREGON CITY, OR 97045-9356
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2016
$1,325,000
K & S Properties LLC
Gac Trust
Warranty Deed
$1,000,000 · Bank Of The West
Sep 2, 2014
—
Gac Trust
Cipriano Royle R Trust
Grant Deed
—
Feb 13, 2012
—
Cipriano Royle R Trust
Cipriano,corinne C
Quit Claim Deed
related
—
Nov 18, 2004
—
Cipriano Royle R Trust
Cipriano,royle R & Corinne C
Quit Claim Deed
related
—
Jan 29, 2001
—
Cipriano Trust
Cipriano,royle R & Corinne C
Quit Claim Deed
related
$675,000 · Wells Fargo Bank
Dec 13, 1995
$275,000
Royle R Cipriano
Kaptro Properties Co
Grant Deed
$630,000 · Collins Foundation
—
—
Royle R Cipriano
—
Deed Of Trust
related
$675,000 · West Coast 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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