Individually Owned Property summary
AI-generated overview
This special purpose building was originally constructed for a church and was most recently used as a school. It is located in the Gresham-Centennial neighborhood with convenient access to SE Stark and surrounding arterial roads, near Rockwood Central Park, single-family residences, and the Greater Portland Baptist Church. The property had roof upgrades and is situated on land that supports an infill subdivision concept for approximately 22 lots, consistent with the City of Gresham LDR-5 zoning requirements, subject to applicable approvals. The structure is designed for institutional/assembly uses such as educational facilities, religious facilities, or day care centers, and also presents potential for redevelopment into a new single-family subdivision under the referenced zoning.
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1978
Total area
15,308 SF
Lot
2.87 ac (125,017 SF)
Zoning code
LDR7
APN
1S3E06AC 11900
UPID
US71-0549595
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Charitable Organization Social Service Agency
-
Community Garden
-
High School Daycare Center
-
Counselor Doctor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.41M
Owner & transaction history
since 2021
1 recorded transaction
Zoning & alternative use
LDR7 · Portland, OR
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.41M
Value range
$2.17M – $2.65M
±10% around blend
Estimated value / SF
$157 / SF
Confidence
Property data
75
Comparable evidence
60
$2.17M
blend $2.41M
$2.65M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
15,308 SF
Lot area
2.87 ac
Year built
1978
Stories
1
APN
1S3E06AC 11900
Zoning
LDR7
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.41M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
Not available
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.41M
Move the market yield to see immediate price impact.
Value / SF
$157
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$152k
$3.04M
$2.17M
$1.69M
$169k
$3.37M
$2.41M
$1.87M
$186k
$3.71M
$2.65M
$2.06M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Land market value
$1,250,170
Improvement market value
$908,410
Total market value
$2,158,580
Applied tax rate
402.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
15,308 SF
Lot
2.87 ac (125,017 SF)
Zoning code
LDR7
APN
1S3E06AC 11900
UPID
US71-0549595
Jurisdiction
MULTNOMAH
Zoning & alternative use
LDR7 · Portland, ORZoning LDR7 · permitted uses
LDR7 · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Lot
2.87 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LDR7
Jurisdiction
Portland, OR
Recorded code
LDR7
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LDR7 in Portland, OR.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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