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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Investment properties
3758 122nd Ave Portland, OR 97236-3405
Entity Owned
5-yr Hold
Free & Clear
Property ID
US71-0519038
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1948
Total area
1,832 SF
Lot
0.4 ac (17,603 SF)
Zoning code
CO2
APN
1S2E11CB 04800
UPID
US71-0519038
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
Current use
Occupant on record · Public records
-
David A. Day, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$380k
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$550k
Owner & transaction history
El Youssef Investments LLC · 5 yrs held
El Youssef Investments LLC
since 2021
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
CO2 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$560,000
+6.0%
Medical building
$555,000
+4.9%
Retail stores
$550,000
+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 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
$555,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$410,000
6.5%
$380,000
7%
$355,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$530,000
Current use
AUTO REPAIR, GARAGE
$560,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$555,000
Change: +5% · Conversion: Easy
RETAIL STORES
$550,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$530,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Apr 21 2021)
Last sale anchor
$550k
Apr 21 2021
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
$300 / 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
$5,614
Tax year 2023
Assessed value
$238,870
Assessed 2023
Previous assessed
$231,920
+3.0% YoY
Effective rate
2.35%
On assessed value
Land market value
$347,500
Improvement market value
$234,440
Total market value
$581,940
Applied tax rate
705.0000
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
1948
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,832 SF
Lot
0.4 ac (17,603 SF)
Zoning code
CO2
APN
1S2E11CB 04800
UPID
US71-0519038
Jurisdiction
MULTNOMAH
Zoning & alternative use
CO2 · Portland, OR
Zoning CO2 · permitted uses
CO2 · 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
$530,000
AUTO REPAIR, GARAGE
Est. value
$560,000
MEDICAL BUILDING
Est. value
$555,000
RETAIL STORES
Est. value
$550,000
OFFICE BUILDING
Est. value
$530,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1948
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
El Youssef Investments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
16707 SE BALDRY ST, PORTLAND, OR 97236-4791
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2021
$550,000
El Youssef Investments LLC
David A Day
Warranty Deed
—
Apr 21, 2021
—
David & Karen Day Revocable Living
David A Day
Intrafamily Transfer
related
—
Jan 4, 2012
—
Day David & Karen Living Trust
Day,david A & Karen J
Quit Claim Deed
related
—
Nov 1, 1992
$72,500
Gateway Roofing & Siding Co
Unknown
Grant Deed
—
—
—
Karen J Day
—
Deed Of Trust
related
$75,000 · Wells Fargo 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.
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