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Property profile & analytics
OFF-MARKET
Estimated value
$445,000
Investment properties
2550 Burnside Ct Gresham, OR 97030-3536
Entity Owned
19-yr Hold
Property ID
US71-0732215
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1968
Total area
1,534 SF
Lot
0.71 ac (30,800 SF)
Zoning code
SC-RJ
APN
1S3E05AD 02700
UPID
US71-0732215
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
$445k
Owner & transaction history
Penguin Group LLC · 19 yrs held
Penguin Group LLC
since 2007
5 recorded transactions
Zoning & alternative use
SC-RJ · Gresham, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district takes in properties which are adjacent to, or within easy walking distance, of light rail stations at Ruby Junction, The Station Centers district is intended to accommodate uses which are directly supportive of light rail transit, Development types permitted include retail and service businesses, offices, mixed use projects, higher density hous…
Zone name
Station Center Ruby Junction Overlay
General category
MIXED_USE
Zone area
23.24 ac
Source
Realmo
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
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
Blend value · Realmo final
$445k
Range $401k – $490k · ±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
$290 / 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
$4,663
Tax year 2023
Assessed value
$267,520
Assessed 2023
Previous assessed
$259,730
+3.0% YoY
Effective rate
1.74%
On assessed value
Land market value
$524,800
Improvement market value
$208,560
Total market value
$733,360
Applied tax rate
901.0000
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
1968
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
1,534 SF
Lot
0.71 ac (30,800 SF)
Zoning code
SC-RJ
APN
1S3E05AD 02700
UPID
US71-0732215
Jurisdiction
MULTNOMAH
Zoning & alternative use
SC-RJ · Gresham, ORZoning SC-RJ · permitted uses
SC-RJ · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district takes in properties which are adjacent to, or within easy walking distance, of light rail stations at Ruby Junction, The Station Centers district is intended to accommodate uses which are directly supportive of light rail transit, Development types permitted include retail and service businesses, offices, mixed use projects, higher density housing, and townhouses
Zone name
Station Center Ruby Junction Overlay
General category
MIXED_USE
Zone area
23.24 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1968
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Penguin Group LLC
Entity
Mailing address
7220 SW NORTHVALE WAY, PORTLAND, OR 97225-1540
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2007
—
Penguin Group LLC
Rockwood Solid Waste
Grant Deed
$215,000 · Clackamas County Bank
Jun 8, 1995
$150,000
Rockwood Solid Waste INC
Ryan,tony
Grant Deed
$112,500 · First Interstate Bank Oregon
Oct 1, 1991
$89,500
Francis A Parsons
Unknown
Grant Deed
—
—
—
Penguin Group LLC
—
Loan Modification
related
$364,327 · Clackamas Cnty Bk
—
—
Rockwood Solid Waste INC
—
Deed Of Trust
related
$198,000 · Clackamas County Bank
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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