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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Assisted living facilities
23500 Halsey St, Wood Village, OR 97060-2815
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US71-0070485
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2009
Total area
9,023 SF
Lot
0.61 ac (26,572 SF)
Zoning code
NC
APN
1N3E27DC 01700
UPID
US71-0070485
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
-
Mystery Gas Station Gas Station
-
Riverside Living Nursing Home Retirement Community
-
David Villa Counselor Social Worker
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.22M
Owner & transaction history
Afshar & Associates LLC · 19 yrs held
Afshar & Associates LLC
since 2007
7 recorded transactions
Zoning & alternative use
NC · Wood Village, 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 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,755,000
Current use
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$135 / 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
$12,373
Tax year 2023
Assessed value
$730,280
Assessed 2023
Previous assessed
$709,010
+3.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$659,910
Improvement market value
$1,393,470
Total market value
$2,053,380
Applied tax rate
932.0000
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
2009
Heating
NONE
Stories
1
Total area
9,023 SF
Lot
0.61 ac (26,572 SF)
Zoning code
NC
APN
1N3E27DC 01700
UPID
US71-0070485
Jurisdiction
MULTNOMAH
Zoning & alternative use
NC · Wood Village, OR
Zoning NC · permitted uses
NC · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.8M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
2009
Heating
NONE
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Afshar & Associates LLC
Entity
Mailing address
7001 SE TOPPER DR, VANCOUVER, WA 98664-1670
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2019
—
Afshar & Associates LLC
—
Loan Modification
related
$2,195,600 · Umpqua Bk
May 6, 2016
—
Afshar & Associates LLC
—
Deed
related
$1,100,000 · Umpqua Bk
Jan 12, 2009
—
Afshar & Associates LLC
—
Trustees Deed
related
—
Feb 12, 2008
—
Afshar & Associates LLC
—
Grant Deed
related
$2,195,646 · Umpqua Bank
Jun 27, 2007
—
Afshar & Associates LLC
Entezari,pooneh
Grant Deed
$80,000 · Department Of Human Svcs
Jan 26, 2007
$200,000
Pooneh Entezari
H & R Properties LLC
Warranty Deed
—
Jan 26, 2007
$380,000
Pooneh Entezari
Splitrock Properties LLC
Warranty Deed
—
Jan 29, 2004
—
Splitrock Properties LLC
H4 Properties
Grant Deed
related
—
—
—
Afshar & Associates LLC
—
Loan Modification
related
$3,915,000 · Umpqua Bk
—
—
Afshar & Associates LLC
—
Deed Of Trust
related
$740,000 · Umpqua Bank
—
—
Afshar & Associates LLC
—
Loan Modification
related
$1,200,000 · Umpqua Bk
—
—
Afshar & Associates LLC
—
Deed Of Trust
related
$50,000 · Umpqua Bank
—
—
Afshar & Associates LLC
—
Loan Modification
related
$1,100,000 · Umpqua Bk
—
—
Afshar & Associates LLC
—
Loan Modification
related
$3,260,000 · Umpqua Bk
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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