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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Assisted living facilities
22845 Mandan Dr, Tualatin, OR 97062-7136
Individually Owned
13-yr Hold
Property ID
US71-0111903
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1994
Construction
WOOD FRAME
Total area
2,579 SF
Lot
0.16 ac (6,970 SF)
Zoning code
RL
APN
2S135AD-13100
UPID
US71-0111903
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
-
Sofia's Home Adult Care Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$664k
Blend (final)
Blend
$665k
Owner & transaction history
Michael Shmulevsky · 13 yrs held
Michael Shmulevsky
since 2013
7 recorded transactions
Zoning & alternative use
RL · Tualatin, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$820,000
+55.7%
Commercial (general)
$715,000
+35.4%
Retail stores
$575,000
+9.3%
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 Tualatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tualatin 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$530,000
Current use
MEDICAL BUILDING
$820,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$715,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$575,000
Change: +9% · Conversion: Difficult
WAREHOUSE, STORAGE
$450,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$258 / 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
$6,875
Tax year 2023
Assessed value
$391,250
Assessed 2023
Previous assessed
$379,860
+3.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$269,630
Improvement market value
$360,440
Total market value
$630,070
Applied tax rate
23.0000
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
1994
Construction
WOOD FRAME
Heating
YES
Cooling
WALL UNIT
Bathrooms
7
Total area
2,579 SF
Lot
0.16 ac (6,970 SF)
Zoning code
RL
APN
2S135AD-13100
UPID
US71-0111903
Jurisdiction
WASHINGTON
Zoning & alternative use
RL · Tualatin, OR
Zoning RL · permitted uses
RL · Tualatin, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tualatin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$530,000
MEDICAL BUILDING
Est. value
$820,000
COMMERCIAL (GENERAL)
Est. value
$715,000
RETAIL STORES
Est. value
$575,000
WAREHOUSE, STORAGE
Est. value
$450,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Bathrooms
7
Lot
0.16 ac
Current owner
From public records · entity-resolved
Michael Shmulevsky
Individual
Mailing address
25935 NEN VLY RD, NEWBERG, OR 97132-7299
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2017
—
Michael Shmulevsky
—
Deed
related
$307,500 · Jpmorgan Chase Bank NA
Mar 22, 2013
$300,000
Michael Shmulevsky
D & R Oregon Properties LLC
Warranty Deed
$247,500 · Clackamas County Bank
Jan 6, 2011
—
D & R Oregon Properties LLC
Fraley,bradford W & Kami L
Grant Deed
—
Jul 10, 1998
—
Bradley W Fraley
Tenly Properties Corp
Grant Deed
related
—
Sep 3, 1993
—
Tenly Properties Corp
—
Grant Deed
related
$441,000 · American Pacific Bank
Mar 23, 1993
$33,500
Tenly Properties Corp
Unknown
Grant Deed
—
—
—
Bradford W Fraley
—
Deed Of Trust
related
$105,000 · Washington Federal Savings
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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