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Property profile & analytics
OFF-MARKET
Assisted living facilities
21511 Salmon St Gresham, OR 97030-3437
Individually Owned
4-yr Hold
Property ID
US71-1924234
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1969
Total area
2,532 SF
Lot
0.2 ac (8,700 SF)
Zoning code
LR7
APN
1S3E04AC 05000
UPID
US71-1924234
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Girma T Debella · 4 yrs held
Girma T Debella
since 2022
Last sale
$489,500
7 recorded transactions
Zoning & alternative use
LR7 · Gresham, 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 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
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
$4,742
Tax year 2023
Assessed value
$251,885
Assessed 2023
Previous assessed
$229,530
+9.7% YoY
Effective rate
1.88%
On assessed value
Land market value
$196,250
Improvement market value
$266,120
Total market value
$462,370
Applied tax rate
137.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,532 SF
Lot
0.2 ac (8,700 SF)
Zoning code
LR7
APN
1S3E04AC 05000
UPID
US71-1924234
Jurisdiction
MULTNOMAH
Zoning & alternative use
LR7 · Gresham, OR
Zoning LR7 · permitted uses
LR7 · 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.
Building & site characteristics
From public records
Year built
1969
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Girma T Debella
Individual
Mailing address
21511 SE SALMON ST, GRESHAM, OR 97030-3437
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
$489,500
Girma T Debella
Zillow Homes Property Trusts
Warranty Deed
$465,025 · Us Bank NA
Aug 2, 2021
$471,300
Zillow Homes Property Trusts
James P Kloberdance
Warranty Deed
—
Oct 31, 2017
—
James P Kloberdance
—
Deed
related
$250,400 · Homestreet Bank
Jul 3, 2013
$221,900
James P Kloberdance
Woodland,donald L
Warranty Deed
$217,880 · Homestreet Bank
Mar 24, 2004
$176,000
Donald L Woodland
Property Quest LLC
Grant Deed
$140,800 · Majestic Mortgage Services INC
Jan 23, 2004
$145,300
Property Quest LLC
Klein,norvyn B & Donna C
Trustees Deed
—
May 2, 1997
—
Norvyn B Klein
—
Grant Deed
related
$10,085 · Lager Construction Co
Aug 31, 1995
$135,000
Norvyn B Klein
Penrose,dionne M
Grant Deed
$110,700 · Clackamas County Bank
—
—
Dionne Penrose
—
Deed Of Trust
related
$50,000 · Mortgage Service America Co
—
—
Donald L Woodland
—
Deed Of Trust
related
$35,000 · Onpoint Community Cu
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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