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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Medical Office Space
320 5th St Gresham, OR 97030-7308
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0119219
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Total area
2,411 SF
Lot
0.25 ac (11,000 SF)
Zoning code
CUC
APN
1S3E10BD 07200
UPID
US71-0119219
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
$868k
Blend (final)
Blend
$870k
Owner & transaction history
Shawn Robert Johsno · 5 yrs held
Shawn Robert Johsno
since 2020
6 recorded transactions
Zoning & alternative use
CUC · Gresham, 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 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
Alternative Use
Use
Estimation
MEDICAL BUILDING
$730,000
Current use
AUTO REPAIR, GARAGE
$715,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$620,000
Change: -15% · Conversion: Easy
COMMERCIAL (GENERAL)
$595,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$361 / 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
$7,865
Tax year 2023
Assessed value
$417,720
Assessed 2023
Previous assessed
$405,560
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$165,760
Improvement market value
$396,720
Total market value
$562,480
Applied tax rate
26.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Total area
2,411 SF
Lot
0.25 ac (11,000 SF)
Zoning code
CUC
APN
1S3E10BD 07200
UPID
US71-0119219
Jurisdiction
MULTNOMAH
Zoning & alternative use
CUC · Gresham, OR
Zoning CUC · permitted uses
CUC · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gresham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$715,000
OFFICE BUILDING
Est. value
$620,000
COMMERCIAL (GENERAL)
Est. value
$595,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1973
Heating
NONE
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Shawn Robert Johsno
Individual
Mailing address
320 NE 5TH ST, GRESHAM, OR 97030-7308
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2022
—
Esg Properties LLC
—
Deed
related
$550,000 · Columbia State Bank
Oct 7, 2020
$349,900
Shawn Robert Johsno
Firenze Development INC
Warranty Deed
$339,403 · Golden Empire Mortgage INC
Jan 11, 2016
$487,500
Esg Properties LLC
Gddg LLC
Warranty Deed
$365,625 · Columbia State Bank
Aug 5, 2003
—
Gddg LLC
Fisher,gary L
Grant Deed
$99,500 · Us Bank NA
Feb 10, 1999
$174,000
Gddg LLC
Amato Trust
Grant Deed
$200,000 · Merchant National Bank
—
—
Gddg LLC
—
Deed Of Trust
related
$300,000 · Us Bank Trust Co
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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