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Property profile & analytics
OFF-MARKET
Estimated value
$4,340,000
Apartment buildings
18670 Blanton St, Beaverton, OR 97078-1219
Entity Owned
9-yr Hold
Property ID
US71-1728227
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1940
Construction
WOOD FRAME
Total area
19,470 SF
Lot
0.88 ac (38,333 SF)
Zoning code
R-24
APN
1S212DD-02400
UPID
US71-1728227
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
-
Pomeroy Place Apartments Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.34M
Blend (final)
Blend
$4.34M
Owner & transaction history
Blanton Street Housing Gp LLC · 9 yrs held
Blanton Street Housing Gp LLC
since 2016
7 recorded transactions
Zoning & alternative use
R-24 · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.2M
+43.0%
Restaurant
$5.9M
+35.8%
Commercial (general)
$5.3M
+22.7%
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 Beaverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaverton 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
APARTMENT HOUSE (5+ UNITS)
$4,340,000
Current use
MEDICAL BUILDING
$6,210,000
Change: +43% · Conversion: Moderate
RESTAURANT
$5,895,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,325,000
Change: +23% · Conversion: Moderate
RETAIL STORES
$4,650,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,480,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$4.34M
Range $3.91M – $4.77M · ±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
$223 / 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
Land market value
$610,000
Improvement market value
$3,922,200
Total market value
$4,532,200
Applied tax rate
51.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1940
Construction
WOOD FRAME
Heating
STOVE
Bathrooms
1
Total area
19,470 SF
Lot
0.88 ac (38,333 SF)
Zoning code
R-24
APN
1S212DD-02400
UPID
US71-1728227
Jurisdiction
WASHINGTON
Zoning & alternative use
R-24 · Beaverton, OR
Zoning R-24 · permitted uses
R-24 · Beaverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaverton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$6.2M
RESTAURANT
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$5.3M
RETAIL STORES
Est. value
$4.7M
WAREHOUSE, STORAGE
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RESTAURANT
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
1940
Construction
WOOD FRAME
Heating
STOVE
Bathrooms
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Blanton Street Housing Gp LLC
Entity
Mailing address
2316 SE WILLARD ST, MILWAUKIE, OR 97222-7740
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2018
—
Blanton Street Housing Gp LLC
—
Deed
related
$2,139,900 · Network/or Affordable Hsng
Dec 7, 2016
$355,000
Blanton Street Housing Gp LLC
Northwest Housing Alternatives INC
Special Warranty Deed
$2,139,900 · Jpmorgan Chase Bank NA
Sep 25, 2015
$355,000
Northwest Hsng Alternatives In
Ramsay Family LP
Warranty Deed
$400,000 · Community Hsng Fund
Jan 31, 2008
$325,000
Ramsay Family
Carlson,rick
Warranty Deed
—
Oct 24, 1995
$200,000
Rick Carlson
Carlson Custom Homes INC
Grant Deed
related
$160,000 · Washington Federal Savings
Apr 24, 1990
$70,000
Steve Chilson
Unknown
Grant Deed
—
—
—
Steve Chilson
—
Deed Of Trust
related
$56,700 · First Interstate Bank Oregon
—
—
Blanton Street Housing Gp LLC
—
Loan Modification
related
$2,139,900 · Network/or Affordable Hsng
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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