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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Investment properties
3123-3127 67th Ave Portland, OR 97213
Entity Owned
~
Est. High Equity
Property ID
US71-1774565
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1919
Total area
4,058 SF
Lot
0.24 ac (10,630 SF)
Zoning code
CGH
APN
1N2E29BB 17100
UPID
US71-1774565
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
$1.08M
Blend (final)
Blend
$1.08M
Owner & transaction history
Birches Strategies LLC
Birches Strategies LLC
since 2025
7 recorded transactions
Zoning & alternative use
CGH · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+21.2%
Medical building
$1.2M
+19.9%
Office building
$1.2M
+14.7%
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)
$1,020,000
Current use
AUTO REPAIR, GARAGE
$1,240,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$1,225,000
Change: +20% · Conversion: Easy
OFFICE BUILDING
$1,175,000
Change: +15% · Conversion: Easy
RETAIL STORES
$930,000
Change: -9% · Conversion: Easy
WAREHOUSE, STORAGE
$830,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$266 / 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
$12,494
Tax year 2023
Assessed value
$471,510
Assessed 2023
Previous assessed
$457,780
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$700,800
Improvement market value
$1,502,430
Total market value
$2,203,230
Applied tax rate
201.0000
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
1919
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
8
Total area
4,058 SF
Lot
0.24 ac (10,630 SF)
Zoning code
CGH
APN
1N2E29BB 17100
UPID
US71-1774565
Jurisdiction
MULTNOMAH
Zoning & alternative use
CGH · Portland, OR
Zoning CGH · permitted uses
CGH · 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
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$930,000
WAREHOUSE, STORAGE
Est. value
$830,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1919
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
8
Lot
0.24 ac
Current owner
From public records · entity-resolved
Birches Strategies LLC
Entity
Mailing address
4703 SW CAMPBELL CT, PORTLAND, OR 97239-1283
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
—
Birches Strategies LLC
Birches Strategies LLC
Deed
related
$550,000 · Onpoint Community Cu
Feb 21, 2012
$655,000
Birches Strategies LLC
Larson,gerald
Warranty Deed
$491,000 · Bank Of The West
Feb 21, 2012
$575,000
Gerald Larson
Carmen,julie
Grant Deed
—
Feb 21, 2012
—
Julie Carmen
Carmen,willis JR
Quit Claim Deed
related
—
Nov 6, 2008
$1,126,000
Crider Properties-bayberry LLC
Larson,gerald
Grant Deed
—
Nov 6, 2008
—
Gerald Larson
Larson,patricia
Quit Claim Deed
—
Sep 4, 2008
—
Julie Carmen
Bettendorf,robert B
Grant Deed
related
—
Sep 16, 2005
—
Gerald Larson
—
Trustees Deed
related
$45,000 · Lee & Paula Fuller
Jan 5, 2005
$575,000
Gerald Larson
Bettendorf,robert
Grant Deed
—
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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