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Property profile & analytics
FOR SALE
Investment properties
1708 SW Columbia St Portland, OR 97201
Entity Owned
6-yr Hold
Free & Clear
Property ID
US71-0082328
For Sale
1 / 47
$1,550,000
1708 SW Columbia St, Portland, OR 97201
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1880
Total area
2,804 SF
Lot
0.12 ac (5,170 SF)
Zoning code
CXD
APN
1S1E04AB 05800
UPID
US71-0082328
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
-
Catherine A. Morrissett, MSW Foster Care Service Social Service Agency
-
Michael Gossman Counselor
-
Kirsten Kahle Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$611k
Blend (final)
Blend
$610k
Owner & transaction history
Columbia Moon Properties LLC · 6 yrs held
Columbia Moon Properties LLC
since 2020
7 recorded transactions
Zoning & alternative use
CXD · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$855,000
+41.7%
Medical building
$845,000
+40.2%
Retail stores
$840,000
+39.3%
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)
$605,000
Current use
AUTO REPAIR, GARAGE
$855,000
Change: +42% · Conversion: Difficult
MEDICAL BUILDING
$845,000
Change: +40% · Conversion: Easy
RETAIL STORES
$840,000
Change: +39% · Conversion: Easy
OFFICE BUILDING
$810,000
Change: +34% · Conversion: Easy
WAREHOUSE, STORAGE
$570,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$218 / 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
$9,346
Tax year 2023
Assessed value
$353,040
Assessed 2023
Previous assessed
$342,760
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$561,600
Improvement market value
$426,250
Total market value
$987,850
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1880
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
2,804 SF
Lot
0.12 ac (5,170 SF)
Zoning code
CXD
APN
1S1E04AB 05800
UPID
US71-0082328
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$855,000
MEDICAL BUILDING
Est. value
$845,000
RETAIL STORES
Est. value
$840,000
OFFICE BUILDING
Est. value
$810,000
WAREHOUSE, STORAGE
Est. value
$570,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1880
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Columbia Moon Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3515 W MENLO AVE, FRESNO, CA 93711-4200
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2020
—
Columbia Moon Properties LLC
Mendrin & Mendrin INC
Quit Claim Deed
related
—
Dec 28, 2018
—
Mendrin & Mendrin INC
—
Deed
related
$250,000 · Escolle Road Hm Ranch Defined
Dec 22, 2017
$875,000
Mendrin & Mendrin INC
Luke-dorf INC
Warranty Deed
—
Mar 21, 2011
$590,000
Luke-dorf INC
Housing Northwest INC
Warranty Deed
$472,000 · Key Bank & Trust
Dec 30, 2004
$485,000
Housing Northwest INC
Hendricks,stephen C
Warranty Deed
$505,000 · Homestreet Bank
—
—
Mendrin & Mendrin INC
—
Deed Of Trust
related
$250,000 · Escolle Road Hm Ranch Defined
—
—
Stephen C Hendricks
—
Deed Of Trust
related
$50,000 · First Interstate 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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