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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
3576-3580 Division St Portland, OR 97202
Entity Owned
Free & Clear
Property ID
US71-0481168
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Total area
3,103 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CS
APN
1S1E12AB 02400
UPID
US71-0481168
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
$670k
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$535k
Owner & transaction history
Msw Properties LLC
Msw Properties LLC
since 2025
Last sale
$390,000
7 recorded transactions
Zoning & alternative use
CS · 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
Method
Estimation
Statistic approach
$340,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $390k (Apr 18 2025)
Last sale anchor
$390k
Apr 18 2025
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
$172 / 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
$3,338
Tax year 2023
Assessed value
$125,960
Assessed 2023
Previous assessed
$125,960
+0.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$490,100
Improvement market value
$434,770
Total market value
$924,870
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1931
Heating
NONE
Stories
2
Total area
3,103 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CS
APN
1S1E12AB 02400
UPID
US71-0481168
Jurisdiction
MULTNOMAH
Zoning & alternative use
CS · Portland, OR
Zoning CS · permitted uses
CS · 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
1931
Heating
NONE
Stories
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Msw Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5000 BROADWAY ST APT #5, WEST LINN, OR 97068-3364
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2025
—
Msw Properties LLC
3576 3580sedivisionllc
Quitclaim Deed
related
—
Apr 18, 2025
—
3576 3580 Se Division LLC
Mathew L Wallis
Quitclaim Deed
related
—
Jun 6, 2024
—
Mathew L Wallis
Alfred W Wallis
Intrafamily Transfer
related
—
Jul 26, 2023
—
Alfred W Wallis
Alfred W Wallis
Intrafamily Transfer
related
—
Nov 29, 2012
$390,000
Alfred E Wallis
Jenkins,charles B & Elsie M
Grant Deed
related
—
Dec 29, 2005
$390,000
Alfred E Wallis
Jenkins,charles B & Elsie M
Warranty Deed
—
Jul 16, 2002
$240,000
John R Callahan
Jenkins,charles G & Evangeline M
Grant Deed
—
Oct 1, 1990
$26,000
Charles B Jenkins
Unknown
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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