New search
Property profile & analytics
OFF-MARKET
Commercial real estate
3123 Malcolm St, Milwaukie, OR 97222-6481
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0181725
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1925
Total area
1,808 SF
Lot
0.21 ac (9,306 SF)
Zoning code
CL
APN
11E25BD03600
UPID
US71-0181725
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
Aaron Carpenter · 5 yrs held
Aaron Carpenter
since 2021
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
CL · Milwaukie, 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 Milwaukie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukie 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
$2,411
Tax year 2023
Assessed value
$110,011
Assessed 2023
Previous assessed
$106,807
+3.0% YoY
Effective rate
2.19%
On assessed value
Land market value
$130,489
Improvement market value
$57,270
Total market value
$187,759
Applied tax rate
12.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1925
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
1,808 SF
Lot
0.21 ac (9,306 SF)
Zoning code
CL
APN
11E25BD03600
UPID
US71-0181725
Jurisdiction
CLACKAMAS
Zoning & alternative use
CL · Milwaukie, OR
Zoning CL · permitted uses
CL · Milwaukie, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Aaron Carpenter
Individual
Mailing address
3123 SE MALCOLM ST, MILWAUKIE, OR 97222-6481
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
May 12, 2021
$425,000
Aaron Carpenter
Joshua Samuelson
Warranty Deed
$300,000 · Caliber Home Loans INC
Feb 28, 2017
$345,000
Joshua Samuelson
Tawnya R Eggiman
Warranty Deed
$327,750 · Finance Of America Mortgage LLC
Sep 24, 2001
$116,000
Tawnya R Eggiman
Wilson,stephen J & Roberta J
Grant Deed
related
$111,000 · Portland Teachers Cu
Aug 1, 1993
$76,000
Stephen Joseph Wilson
Unknown
Grant Deed
related
—
Sep 22, 1988
$30,000
Paul R Lisac
Lisac,rudolph D
Grant Deed
related
$30,205 · Fleet Mortgage Corp
—
—
Tawnya R Eggiman
—
Deed Of Trust
related
$104,000 · Advantis Cu
—
—
Stephen J Wilson
—
Deed Of Trust
related
$5,569 · Transamerica Financial Svc
—
—
Tawnya R Eggiman
—
Deed Of Trust
related
$113,000 · Gn Mortgage Corp
—
—
Stephen J Wilson
—
Deed Of Trust
related
$21,000 · Western Financial Savings 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3123 Malcolm St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.