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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Commercial real estate
2195 244th Ave, Wood Village, OR 97060-1066
Entity Owned
~
Est. High Equity
Property ID
US71-0080261
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Total area
2,000 SF
Lot
2.1 ac (91,476 SF)
Zoning code
GM
APN
1N3E26CB 00300
UPID
US71-0080261
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
-
Wood Village Stow-A-Way Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$857k
Blend (final)
Blend
$710k
Owner & transaction history
Vb Acquisitions LLC
Vb Acquisitions LLC
since 2025
7 recorded transactions
Zoning & alternative use
GM · Wood Village, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$605,000
+6.5%
Auto repair, garage
$595,000
+4.5%
Retail stores
$590,000
+4.3%
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 Wood Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wood Village 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
COMMERCIAL (GENERAL)
$565,000
Current use
MEDICAL BUILDING
$605,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$595,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$590,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$515,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$355 / 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
$19,531
Tax year 2023
Assessed value
$1,152,730
Assessed 2023
Previous assessed
$1,119,160
+3.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$731,810
Improvement market value
$1,312,560
Total market value
$2,044,370
Applied tax rate
241.0000
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
1994
Heating
NONE
Buildings
9
Stories
1
Total area
2,000 SF
Lot
2.1 ac (91,476 SF)
Zoning code
GM
APN
1N3E26CB 00300
UPID
US71-0080261
Jurisdiction
MULTNOMAH
Zoning & alternative use
GM · Wood Village, OR
Zoning GM · permitted uses
GM · Wood Village, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wood Village. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$565,000
MEDICAL BUILDING
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$595,000
RETAIL STORES
Est. value
$590,000
OFFICE BUILDING
Est. value
$515,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1
Buildings
9
Lot
2.1 ac
Current owner
From public records · entity-resolved
Vb Acquisitions LLC
Entity
Mailing address
22431 NE 60TH ST, REDMOND, WA 98053-8255
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2026
—
Vb S1 Assets LLC
—
Deed
related
$67,654 · Deutsche Bank Trust Co Americas
Oct 16, 2025
—
Vb Acquisitions LLC
Cello Partnership
Deed
—
Mar 14, 2025
—
Storwell Wood Village LLC
—
Deed
related
$1,230,000 · Telco Community Cu
Jan 28, 2021
$2,650,000
La Querencia Properties LLC
Vickie J Wilkins
Warranty Deed
—
Apr 8, 2016
—
Vickie J Wilkins
Wilkins,vickie J
Quit Claim Deed
related
—
Nov 10, 2014
—
Vickie Kraxberger
Kraxberger,jon B
Quit Claim Deed
related
$877,000 · Bank Of The West
Aug 17, 2004
—
Jon B Kraxberger
Kraxberger,vickie
Quit Claim Deed
related
$822,500 · Silver Hill Financial LLC
Aug 17, 2004
$445,000
Vickie Kraxberger
Kathryn,mary A
Warranty Deed
—
Mar 15, 1996
$632,500
Scott A Mary
C W Real Estate Co INC
Grant Deed
$618,000 · Merchants Bank Of Gresham
Jul 28, 1994
$83,000
C W Real Estate Co INC
Hudson,john F &
Grant Deed
$475,000 · Clackamas County Bank
—
—
Vickie Kraxberger
—
Deed Of Trust
related
$607,000 · Us Bank NA
—
—
Jon B Kraxberger
—
Deed Of Trust
related
$945,000 · First Mutual Bank
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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