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Property profile & analytics
OFF-MARKET
Estimated value
$6,820,000
Commercial real estate
20000 Mcloughlin Blvd, Gladstone, OR 97027-2606
Entity Owned
Free & Clear
Property ID
US71-0277018
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1945
Lot
1.18 ac (51,401 SF)
Zoning code
C3
APN
22E19DD05800
UPID
US71-0277018
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
-
Armstrong Volkswagen Parts Department Auto Parts Store
-
Armstrong Volkswagen Auto Repair Shop Vehicle Inspection Center
-
Wishy-Washy Mobile Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.82M
Owner & transaction history
East Halsey Commons LLC
East Halsey Commons LLC
since 2026
Last sale
$6.8M
4 recorded transactions
Zoning & alternative use
C3 · Gladstone, 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 Gladstone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gladstone 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$77,444
Tax year 2023
Assessed value
$3,850,637
Assessed 2023
Previous assessed
$3,738,483
+3.0% YoY
Effective rate
2.01%
On assessed value
Land market value
$1,178,378
Improvement market value
$5,124,760
Total market value
$6,303,138
Applied tax rate
115.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1945
Heating
NONE
Lot
1.18 ac (51,401 SF)
Zoning code
C3
APN
22E19DD05800
UPID
US71-0277018
Jurisdiction
CLACKAMAS
Zoning & alternative use
C3 · Gladstone, OR
Zoning C3 · permitted uses
C3 · Gladstone, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gladstone. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Heating
NONE
Lot
1.18 ac
Current owner
From public records · entity-resolved
East Halsey Commons LLC
Entity
Free & Clear · 0 yrs held
Mailing address
20000 MCLOUGHLIN BLVD, GLADSTONE, OR 97027-2606
Ownership since
2026
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
Jan 6, 2026
$6,820,000
East Halsey Commons LLC
Freeman Acquisitions LLC
Warranty Deed
—
May 18, 2018
—
Freeman,thomas C & Betty E Trust
—
Grant Deed
related
$5,700,000 · Exchange Bk
May 31, 2013
$1,800
State Of Or
Freeman Thomas C & B E Trust
Warranty Deed
—
May 21, 2009
—
Thomas C Freeman
Freeman Thomas C & B E Trust
Quit Claim Deed
related
—
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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