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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Medical Office Space
191 Hist Columbia Riv Hwy, Troutdale, OR 97060
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US71-0627089
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Total area
2,012 SF
Lot
0.05 ac (2,249 SF)
Zoning code
CBD
APN
1N3E25BD 00807
UPID
US71-0627089
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
$666k
Blend (final)
Blend
$925k
Owner & transaction history
Steinborn Properties LLC · 10 yrs held
Steinborn Properties LLC
since 2016
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
CBD · Troutdale, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Troutdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Troutdale 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
MEDICAL BUILDING
$610,000
Current use
AUTO REPAIR, GARAGE
$595,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$595,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$570,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $1.18M (Mar 25 2025)
Last sale anchor
$1.18M
Mar 25 2025
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
$460 / 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
$5,683
Tax year 2023
Assessed value
$320,640
Assessed 2023
Previous assessed
$311,310
+3.0% YoY
Effective rate
1.77%
On assessed value
Land market value
$106,320
Improvement market value
$394,810
Total market value
$501,130
Applied tax rate
242.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
2,012 SF
Lot
0.05 ac (2,249 SF)
Zoning code
CBD
APN
1N3E25BD 00807
UPID
US71-0627089
Jurisdiction
MULTNOMAH
Zoning & alternative use
CBD · Troutdale, OR
Zoning CBD · permitted uses
CBD · Troutdale, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Troutdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$595,000
RETAIL STORES
Est. value
$595,000
COMMERCIAL (GENERAL)
Est. value
$570,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1999
Heating
NONE
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Steinborn Properties LLC
Entity
Mailing address
10817 NW CORNELIUS PASS RD, PORTLAND, OR 97231-2014
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2016
$965,000
Steinborn Properties LLC
Dorrough,mark & Jill
Warranty Deed
—
Oct 22, 1997
$51,950
Mark Dorrough
Maydew,maxwell & Sheryl L
Grant Deed
—
—
—
Mark Dorrough
—
Deed Of Trust
related
$450,000 · At&t Small Business Lending Co
—
—
Mark Dorrough
—
Deed Of Trust
related
$413,000 · Bank Of America
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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