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Property profile & analytics
FOR SALE
Automotive properties
1990 E Powell Blvd Gresham, OR 97080
Entity Owned
11-yr Hold
Free & Clear
Property ID
US71-1014670
For Sale
1 / 3
$6,475,000
1990 E Powell Blvd, Gresham, OR 97080
View Listing →
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1990
Total area
15,850 SF
Lot
4.62 ac (201,247 SF)
Zoning code
EEC
APN
1S3E11CB 01900
UPID
US71-1014670
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
$4.52M
Blend (final)
Blend
$4.52M
Owner & transaction history
Bickmore Gresham Property LLC · 11 yrs held
Bickmore Gresham Property LLC
since 2014
5 recorded transactions
Zoning & alternative use
EEC · Gresham, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.7M
+20.7%
Medical building
$4.8M
+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
$4,695,000
Current use
RESTAURANT
$5,670,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$4,790,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,515,000
Change: -4% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,170,000
Change: -11% · Conversion: Difficult
OFFICE BUILDING
$4,075,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$4.52M
Range $4.07M – $4.97M · ±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
$285 / 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
$22,285
Tax year 2023
Assessed value
$1,210,920
Assessed 2023
Previous assessed
$1,204,550
+0.5% YoY
Effective rate
1.84%
On assessed value
Land market value
$1,190,700
Improvement market value
$20,220
Total market value
$1,210,920
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
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
For Sale
Year built
1990
Heating
NONE
Stories
1
Total area
15,850 SF
Lot
4.62 ac (201,247 SF)
Zoning code
EEC
APN
1S3E11CB 01900
UPID
US71-1014670
Jurisdiction
MULTNOMAH
Zoning & alternative use
EEC · Gresham, OR
Zoning EEC · permitted uses
EEC · 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
$4.7M
RESTAURANT
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
OFFICE BUILDING
Est. value
$4.1M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE 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
1990
Heating
NONE
Stories
1
Lot
4.62 ac
Current owner
From public records · entity-resolved
Bickmore Gresham Property LLC
Entity
Free & Clear · 11 yrs held
Mailing address
14814 SE NORTHSHORE CIR, VANCOUVER, WA 98683-9292
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2014
—
Bickmore Gresham Property LLC
Bickmore Bryan R Trust
Quit Claim Deed
related
—
Apr 12, 2012
$875,000
Bickmore Bryan Living Trust
Cp Inver Grove III Re Holdco L
Grant Deed
—
Jan 6, 2010
—
Inver Grove Holdco L Cf III
Adrian Group LLC
Grant Deed
related
—
Apr 13, 2006
—
Adrian Group LLC
—
Deed Of Trust
related
$1,396,962 · Daimlerchrysler Fin'l Svcs Ame
Nov 1, 1988
$200,000
Chrysler Realty Corp
Unknown
Grant Deed
—
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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