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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Office Spaces
36740 Hist Columbia Riv Hwy Corbett, OR 97019
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US71-0970988
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1990
Total area
4,608 SF
Lot
1 ac (43,560 SF)
Zoning code
GGRC
APN
1N4E35BA 01900
UPID
US71-0970988
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
Vista Properties LLC · 10 yrs held
Vista Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
GGRC · Corbett, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+6.5%
Auto repair, garage
$1.4M
+4.5%
Retail stores
$1.4M
+4.3%
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 Corbett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corbett 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)
$1,305,000
Current use
MEDICAL BUILDING
$1,390,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,365,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$1,360,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$1,185,000
Change: -9% · Conversion: Easy
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
$234 / 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
$7,182
Tax year 2023
Assessed value
$465,220
Assessed 2023
Previous assessed
$451,670
+3.0% YoY
Effective rate
1.54%
On assessed value
Land market value
$65,620
Improvement market value
$571,260
Total market value
$636,880
Applied tax rate
74.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1990
Heating
NONE
Buildings
2
Stories
1
Total area
4,608 SF
Lot
1 ac (43,560 SF)
Zoning code
GGRC
APN
1N4E35BA 01900
UPID
US71-0970988
Jurisdiction
MULTNOMAH
Zoning & alternative use
GGRC · Corbett, OR
Zoning GGRC · permitted uses
GGRC · Corbett, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corbett. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1990
Heating
NONE
Stories
1
Buildings
2
Lot
1 ac
Current owner
From public records · entity-resolved
Vista Properties LLC
Entity
Mailing address
PO BOX 55364, PORTLAND, OR 97238-5364
Ownership since
2016
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
Feb 1, 2016
$530,000
Vista Properties LLC
Tentamus Real Estate NA INC
Warranty Deed
$424,000 · Albina Community Bank
Jan 28, 2015
—
Tentamus Real Estate NA INC
Tentamus North America INC
Quit Claim Deed
related
—
Jun 23, 2014
$425,000
Tentamus North America INC
Cl Group LLC
Warranty Deed
—
Feb 18, 2004
$315,000
Cl Group LLC
Leigh,william O
Grant Deed
$236,250 · Wells Fargo Bank Northwest NA
Jan 19, 1999
—
Kraig W Bubna
Pixley,kelly
Grant Deed
$27,745 · Seller
May 22, 1997
$201,000
Kraig V Bubna
Clackamas County Bank
Grant Deed
$176,611 · Clackamas County Bank
Nov 8, 1996
$200,000
Clackamas County Bank
Columbia Laboratories INC
Trustees Deed
related
—
—
—
William Leigh
—
Deed Of Trust
related
$240,000 · Albina Community 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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