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Property profile & analytics
OFF-MARKET
Investment properties
2723-2725 Kerby Ave, Portland, OR 97227
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US71-0997657
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1909
Construction
FRAME
Total area
2,739 SF
Lot
0.09 ac (3,825 SF)
Zoning code
IG1
APN
1N1E27BD 01600
UPID
US71-0997657
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
Peterson Family Trust · 7 yrs held
Peterson Family Trust
since 2018
7 recorded transactions
Zoning & alternative use
IG1 · Portland, 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 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
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
$4,100
Tax year 2023
Assessed value
$154,730
Assessed 2023
Previous assessed
$150,230
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$414,880
Improvement market value
$326,250
Total market value
$741,130
Applied tax rate
710.0000
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
1909
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
3
Bathrooms
3
Total area
2,739 SF
Lot
0.09 ac (3,825 SF)
Zoning code
IG1
APN
1N1E27BD 01600
UPID
US71-0997657
Jurisdiction
MULTNOMAH
Zoning & alternative use
IG1 · Portland, OR
Zoning IG1 · permitted uses
IG1 · 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.
Building & site characteristics
From public records
Year built
1909
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
3
Bathrooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Peterson Family Trust
Trust
Mailing address
2725 N KERBY AVE, PORTLAND, OR 97227-1609
Ownership since
2018
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
Jan 22, 2025
—
Raylynna Peterson
—
Deed
related
$275,515 · United Wholesale Mortgage
Nov 28, 2018
—
Peterson Family Trust
North Forty Properties LLC
Quit Claim Deed
related
—
Oct 9, 2018
—
North Forty Properties LLC
Peterson Family Trust
Quit Claim Deed
related
—
May 5, 2016
—
Peterson Family Trust
Peterson,raylynna
Quit Claim Deed
related
—
Jul 29, 2005
—
Steve Daily
Daily,mari L
Quit Claim Deed
related
—
Jul 29, 2005
$304,000
Raylynna Peterson
Steve Daily
Warranty Deed
$243,200 · Long Beach Mortgage Co
—
—
Mari L Daily
—
Deed Of Trust
related
$108,000 · Accubanc Mortgage Corp
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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