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Property profile & analytics
OFF-MARKET
Estimated value
$6,975,000
Warehouses
2021 Sundial Rd, Troutdale, OR 97060-9513
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US71-0800170
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Total area
22,438 SF
Lot
14.29 ac (622,472 SF)
Zoning code
GI
APN
1N3E23C 00100
UPID
US71-0800170
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
$6.98M
Blend (final)
Blend
$6.98M
Owner & transaction history
Generations Land Acquisitions · 12 yrs held
Generations Land Acquisitions
since 2014
5 recorded transactions
Zoning & alternative use
GI · Troutdale, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.0M
+71.6%
Medical building
$6.8M
+44.9%
Auto repair, garage
$6.7M
+42.2%
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 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
WAREHOUSE, STORAGE
$4,680,000
Current use
RESTAURANT
$8,025,000
Change: +72% · Conversion: Difficult
MEDICAL BUILDING
$6,780,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,650,000
Change: +42% · Conversion: Easy
RETAIL STORES
$6,635,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,365,000
Change: +36% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,905,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$6.98M
Range $6.28M – $7.67M · ±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
$311 / 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
$90,782
Tax year 2023
Assessed value
$4,368,640
Assessed 2023
Previous assessed
$4,241,400
+3.0% YoY
Effective rate
2.08%
On assessed value
Land market value
$4,976,740
Improvement market value
$6,922,350
Total market value
$11,899,090
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Heating
NONE
Buildings
2
Stories
2
Total area
22,438 SF
Lot
14.29 ac (622,472 SF)
Zoning code
GI
APN
1N3E23C 00100
UPID
US71-0800170
Jurisdiction
MULTNOMAH
Zoning & alternative use
GI · Troutdale, OR
Zoning GI · permitted uses
GI · 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
WAREHOUSE, STORAGE Current
Est. value
$4.7M
RESTAURANT
Est. value
$8.0M
MEDICAL BUILDING
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$6.7M
RETAIL STORES
Est. value
$6.6M
COMMERCIAL (GENERAL)
Est. value
$6.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.9M
WAREHOUSE, STORAGE Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1994
Heating
NONE
Stories
2
Buildings
2
Lot
14.29 ac
Current owner
From public records · entity-resolved
Generations Land Acquisitions
Individual
Mailing address
2021 NW SUNDIAL RD, TROUTDALE, OR 97060-9513
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
Apr 3, 2014
—
Generations Land Acquisitions
Swift Transportation Co Of Arizon
Grant Deed
$1,850,000 · Bank Of America
Jun 27, 2011
—
Swift Transportation Co Of Arizon
—
Deed Of Trust
related
$4,813,395 · Morgan Stanley Senior Funding
May 14, 2007
—
Swift Transportation Co INC
—
Deed Of Trust
related
$835,000,000 · Us Bank NA
—
—
Swift Transportation Co Of Arizon
—
Deed Of Trust
related
$4,813,395 · Us Bank NA
—
—
Swift Transportation Co Of Arizon
—
Deed Of Trust
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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