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Property profile & analytics
OFF-MARKET
Estimated value
$2,710,000
Turn key restaurants
2165 Burnside St Portland, OR 97210-3540
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US71-0721132
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1937
Total area
5,488 SF
Lot
0.33 ac (14,412 SF)
Zoning code
CX
APN
1N1E33CA 05400
UPID
US71-0721132
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
-
RingSide Steakhouse Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.71M
Owner & transaction history
Csj Investments LLC · 15 yrs held
Csj Investments LLC
since 2011
4 recorded transactions
Zoning & alternative use
CX · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Central Commercial (CX) zone is intended to provide for commercial and mixed use development within Portland's most urban and intense areas, specifically the Central City and the Gateway Regional Center. A broad range of uses are allowed to reflect Portland's role as a commercial, cultural, residential, and governmental center
Zone name
Central Commercial
General category
MIXED_USE
Zone area
1,558.47 ac
Source
Realmo
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
RESTAURANT
$1,880,000
Current use
COMMERCIAL (GENERAL)
$1,825,000
Change: -3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,700,000
Change: -10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,675,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$1,660,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$1,650,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$2.71M
Range $2.44M – $2.98M · ±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
$494 / 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
$49,420
Tax year 2023
Assessed value
$1,872,760
Assessed 2023
Previous assessed
$1,818,220
+3.0% YoY
Effective rate
2.64%
On assessed value
Land market value
$2,882,400
Improvement market value
$11,400
Total market value
$2,893,800
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1937
Heating
NONE
Stories
1
Total area
5,488 SF
Lot
0.33 ac (14,412 SF)
Zoning code
CX
APN
1N1E33CA 05400
UPID
US71-0721132
Jurisdiction
MULTNOMAH
Zoning & alternative use
CX · Portland, ORZoning CX · permitted uses
CX · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Central Commercial (CX) zone is intended to provide for commercial and mixed use development within Portland's most urban and intense areas, specifically the Central City and the Gateway Regional Center. A broad range of uses are allowed to reflect Portland's role as a commercial, cultural, residential, and governmental center
Zone name
Central Commercial
General category
MIXED_USE
Zone area
1,558.47 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
RESTAURANT Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1937
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Csj Investments LLC
Entity
Mailing address
2165 W BURNSIDE ST, PORTLAND, OR 97210-3540
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
May 12, 2011
—
Csj Investments LLC
Csj Investments LLC
Quit Claim Deed
related
—
Jun 15, 2010
—
Csj Investments LLC
—
Grant Deed
related
$1,300,000 · Us Bank NA
Sep 1, 1991
$800,000
C S J Investments
Unknown
Grant Deed
—
—
—
Csj Investments LLC
—
Deed Of Trust
related
$994,990 · Us Bank NA
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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