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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Investment properties
2550 109th Ave Portland, OR 97266-1215
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US71-1665326
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1927
Total area
3,022 SF
Lot
0.17 ac (7,480 SF)
Zoning code
CG
APN
1S2E10BA 02700
UPID
US71-1665326
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
-
The Braces Place/ Amy Lai orthodontist Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$738k
Blend (final)
Blend
$740k
Owner & transaction history
Camay LLC · 20 yrs held
Camay LLC
since 2006
7 recorded transactions
Zoning & alternative use
CG · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$915,000
+46.5%
Retail stores
$905,000
+45.6%
Office building
$875,000
+40.2%
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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)
$625,000
Current use
MEDICAL BUILDING
$915,000
Change: +47% · Conversion: Easy
RETAIL STORES
$905,000
Change: +46% · Conversion: Easy
OFFICE BUILDING
$875,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$760,000
Change: +22% · Conversion: Difficult
WAREHOUSE, STORAGE
$615,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$245 / 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
$8,108
Tax year 2023
Assessed value
$344,970
Assessed 2023
Previous assessed
$334,930
+3.0% YoY
Effective rate
2.35%
On assessed value
Land market value
$293,800
Improvement market value
$385,380
Total market value
$679,180
Applied tax rate
113.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1927
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
3,022 SF
Lot
0.17 ac (7,480 SF)
Zoning code
CG
APN
1S2E10BA 02700
UPID
US71-1665326
Jurisdiction
MULTNOMAH
Zoning & alternative use
CG · Portland, OR
Zoning CG · permitted uses
CG · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$625,000
MEDICAL BUILDING
Est. value
$915,000
RETAIL STORES
Est. value
$905,000
OFFICE BUILDING
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$760,000
WAREHOUSE, STORAGE
Est. value
$615,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1927
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Camay LLC
Entity
Mailing address
2550 SE 109TH AVE, PORTLAND, OR 97266-1215
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2006
$235,000
Camay LLC
Borisenko,marina V
Grant Deed
$232,090 · Shufang A Lai
Apr 13, 2006
—
Marina V Borisenko
Borisenko,marina V
Quit Claim Deed
related
—
Oct 12, 2005
—
Borisenko M Vladimirovna
Abramov,vladimir & Tatiana
Quit Claim Deed
related
—
Nov 22, 2002
$175,000
Vladimir Abramov
Gani,mohammed A & Ester R
Grant Deed
$55,000 · Countrywide Home Loans INC
Jul 23, 1998
$120,000
Mohammed A Gani
Davis,sandra D
Grant Deed
$96,000 · Norwest Mortgage INC
Jun 1, 1992
$89,950
Mohammed A Gani
Unknown
Grant Deed
—
—
—
Mohammed A Gani
—
Deed Of Trust
related
$118,000 · Norwest Mortgage INC
—
—
Mohammed A Gani
—
Deed Of Trust
related
$80,950 · Norwest Mortgage INC
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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