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Property profile & analytics
OFF-MARKET
Day care centers
2300 Division St, Gresham, OR 97030-5214
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-0682558
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1977
Total area
4,447 SF
Lot
1.27 ac (55,495 SF)
Zoning code
LDR7
APN
1S3E08AA 00200
UPID
US71-0682558
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
Bjelland Properties LLC · 6 yrs held
Bjelland Properties LLC
since 2019
6 recorded transactions
Zoning & alternative use
LDR7 · 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
$10,016
Tax year 2023
Assessed value
$532,000
Assessed 2023
Previous assessed
$516,510
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$197,140
Improvement market value
$749,430
Total market value
$946,570
Applied tax rate
26.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Total area
4,447 SF
Lot
1.27 ac (55,495 SF)
Zoning code
LDR7
APN
1S3E08AA 00200
UPID
US71-0682558
Jurisdiction
MULTNOMAH
Zoning & alternative use
LDR7 · Gresham, OR
Zoning LDR7 · permitted uses
LDR7 · 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
1977
Heating
NONE
Stories
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Bjelland Properties LLC
Entity
Mailing address
2300 NW DIVISION ST, GRESHAM, OR 97030-5214
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
—
Bjelland Properties LLC
—
Deed
related
$1,525,000 · 1st Security Bank Of Washington
Aug 14, 2019
$1,000,000
Bjelland Properties LLC
Kids & Co LLC
Warranty Deed
$1,778,000 · Keybank USA
Oct 15, 2013
$345,000
Kids & Company LLC
David E Osterberg
Warranty Deed
$345,000 · Us Bank NA
—
—
David E Osterberg
—
Loan Modification
related
—
—
—
David E Osterberg
—
Deed Of Trust
related
$270,000 · Kenneth M Montgomery
—
—
David E Osterberg
—
Deed Of Trust
related
$345,000 · 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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