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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Medical Office Space
2236 Pacific Ave, Forest Grove, OR 97116-2448
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0817486
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Lot
0.29 ac (12,608 SF)
Zoning code
TCT
APN
1S306BA-03400
UPID
US71-0817486
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
$1.25M
Owner & transaction history
Rhm Holdings · 5 yrs held
Rhm Holdings
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
TCT · Forest Grove, 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 Forest Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Grove 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
$1,330,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Jan 14 2021)
Last sale anchor
$1.25M
Jan 14 2021
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
—
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
$10,652
Tax year 2023
Assessed value
$567,460
Assessed 2023
Previous assessed
$540,980
+4.9% YoY
Effective rate
1.88%
On assessed value
Land market value
$249,220
Improvement market value
$785,370
Total market value
$1,034,590
Applied tax rate
15.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Lot
0.29 ac (12,608 SF)
Zoning code
TCT
APN
1S306BA-03400
UPID
US71-0817486
Jurisdiction
WASHINGTON
Zoning & alternative use
TCT · Forest Grove, OR
Zoning TCT · permitted uses
TCT · Forest Grove, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.29 ac
Current owner
From public records · entity-resolved
Rhm Holdings
Entity
Mailing address
2236 PACIFIC AVE, FOREST GROVE, OR 97116-2448
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Sep 24, 2024
—
Rhm Holdings Properties LLC
—
Deed
related
$294,000 · Umpqua Bank
Jan 14, 2021
$1,250,000
Rhm Holdings
Vaughn G Tidwell
Warranty Deed
$225,000 · Rhm Holdings Proprties LLC
Dec 29, 2020
—
Vaghn G Tidwell
Janet H Tidwell
Quit Claim Deed
related
—
Jan 12, 2012
—
Tidwell,vaughn G
Tidwell,janet H
Quit Claim Deed
related
—
Feb 4, 1991
$52,000
Churchill Companies INC
Unknown
Grant Deed
—
—
—
Vaughn G Tidwell
—
Deed Of Trust
related
$58,500 · Valley Commercial Bank
—
—
Vaughn G Tidwell
—
Deed Of Trust
related
$500,000 · Bank Of Newport
—
—
Vaughn G Tidwell
—
Deed Of Trust
related
$300,000 · Us Bank NA
—
—
Janet H Tidwell
—
Deed Of Trust
related
$175,000 · Us Bank NA
—
—
Vaughn G Tidwell
—
Deed Of Trust
related
$226,026 · Bank Of The West
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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