Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$11,500,000
Automotive properties
2001 Jefferson St Portland, OR 97201-2464
Entity Owned
~
Est. High Equity
Property ID
US71-0779134
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1974
Total area
23,250 SF
Lot
1.44 ac (62,596 SF)
Zoning code
CXDT
APN
1S1E04BA 03100
UPID
US71-0779134
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
-
2001 SE Jefferson St Parking Parking Lot & Garage
-
BMW Portland Car Dealership Auto Repair Shop
-
BMW Parts Link Auto Parts Store
-
Rodney Nichols Dental Office
-
Russell Lieblick, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.50M
Blend (final)
Blend
$11.50M
Owner & transaction history
Sc Portland Re LLC
Sc Portland Re LLC
since 2025
Last sale
$22,200
7 recorded transactions
Zoning & alternative use
CXDT · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.0M
+12.2%
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
$7,100,000
Current use
RESTAURANT
$7,960,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$7,025,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$6,980,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$11.50M
Range $10.35M – $12.65M · ±10% · vs last sale $22k (Jun 24 2025)
Last sale anchor
$22k
Jun 24 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
$495 / 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
$158,580
Tax year 2023
Assessed value
$5,990,110
Assessed 2023
Previous assessed
$5,815,650
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$5,133,540
Improvement market value
$8,282,850
Total market value
$13,416,390
Applied tax rate
1.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1974
Heating
NONE
Buildings
2
Stories
1
Total area
23,250 SF
Lot
1.44 ac (62,596 SF)
Zoning code
CXDT
APN
1S1E04BA 03100
UPID
US71-0779134
Jurisdiction
MULTNOMAH
Zoning & alternative use
CXDT · Portland, OR
Zoning CXDT · permitted uses
CXDT · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$7.1M
RESTAURANT
Est. value
$8.0M
MEDICAL BUILDING
Est. value
$7.0M
RETAIL STORES
Est. value
$7.0M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
1974
Heating
NONE
Stories
1
Buildings
2
Lot
1.44 ac
Current owner
From public records · entity-resolved
Sc Portland Re LLC
Entity
Mailing address
150 N BARTLETT ST, MEDFORD, OR 97501-6015
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
$22,200
Sc Portland Re LLC
Lithia Real Estate INC
Special Warranty Deed
$19,980,000 · Bmw Financial Services NA LLC
Jul 15, 2020
—
Lithia Real Estate INC
—
Deed
related
$254,700,000 · Wells Fargo Bk
Oct 1, 2012
—
Lithia Real Estate INC
—
Deed Of Trust
related
$8,600,000 · Bmw Financial Services NA LLC
Apr 18, 2011
$10,750,000
Lithia Real Estate INC
Cervantes 24 Associates LP
Warranty Deed
—
May 20, 2004
—
Cervantes 24 Associates
Cervantes 24 Associates
Quit Claim Deed
related
$5,000,000 · Wells Fargo Bank
Jul 20, 1994
$32,500
Gregory S Rasmussen
Cervantes 24 Ass
Grant Deed
—
—
—
Cervantes 24 Associates LP
—
Deed Of Trust
related
$541,300 · Wells Fargo Bank
—
—
Lithia Real Estate INC
—
Deed Of Trust
related
$254,700,000 · Wells Fargo Bk
—
—
Lithia Real Estate INC
—
Deed Of Trust
related
$8,600,000 · Bmw Financial Services NA LLC
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?”
You own 2001 Jefferson St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
