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Property profile & analytics
OFF-MARKET
Estimated value
$28,000,000
Sports & entertainment properties
4140 82nd Ave Portland, OR 97266-2916
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0402511
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1998
Total area
55,068 SF
Lot
4.06 ac (176,854 SF)
Zoning code
CG
APN
1S2E09CC 00108
UPID
US71-0402511
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
-
Amazon Locker - Enamel Postal Service Courier Service
-
Amazon Hub Locker - Enamel Postal Service Courier Service
-
LA Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$28.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$28.00M
Owner & transaction history
Eastport Plaza Shopping Center LLC · 1 yrs held
Eastport Plaza Shopping Center LLC
since 2024
Last sale
$28.0M
6 recorded transactions
Zoning & alternative use
CG · 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
$28,000,000
ML approach
$28,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$18,860,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$28.00M
Range $25.20M – $30.80M · ±10% · vs last sale $28.00M (Dec 30 2024)
Last sale anchor
$28.00M
Dec 30 2024
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
$508 / 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
$218,746
Tax year 2023
Assessed value
$8,254,970
Assessed 2023
Previous assessed
$8,014,540
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$4,542,920
Improvement market value
$8,508,990
Total market value
$13,051,910
Applied tax rate
703.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Total area
55,068 SF
Lot
4.06 ac (176,854 SF)
Zoning code
CG
APN
1S2E09CC 00108
UPID
US71-0402511
Jurisdiction
MULTNOMAH
Zoning & alternative use
CG · Portland, OR
Zoning CG · permitted uses
CG · 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
RESTAURANT
Est. value
$18.9M
RESTAURANT
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
1998
Heating
NONE
Stories
1
Lot
4.06 ac
Current owner
From public records · entity-resolved
Eastport Plaza Shopping Center LLC
Entity
Mailing address
3161 MICHELSON DR STE #600, IRVINE, CA 92612-4406
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Dec 30, 2024
$28,000,000
Eastport Plaza Shopping Center LLC
Eastport Plaza Shopping Center LP
Special Warranty Deed
$18,500,000 · Standard Insurance Co
Sep 17, 2014
—
Eastport Plaza Shopping Center
—
Grant Deed
related
$21,500,000 · Goldman-sachs Mtg
Dec 22, 2009
—
Eastport 111 Partners LLC
—
Deed Of Trust
related
$5,138,649 · Torrey Pines Bank
Sep 10, 2007
—
Eastport 111 Partners LLC
—
Deed Of Trust
related
$5,940,000 · Torrey Pines Bank
—
—
Eastport 111 Partners LLC
—
Loan Modification
related
$5,042,000 · Western Alliance Bk
—
—
Eastport 111 Partners LLC
—
Loan Modification
related
$5,042,000 · Western Alliance Bk
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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