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Property profile & analytics
OFF-MARKET
Medical Office Space
435 Tillamook St, Portland, OR 97212-3850
Entity Owned
3-yr Hold
Free & Clear
Property ID
US71-0311584
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1946
Total area
2,970 SF
Lot
0.14 ac (6,250 SF)
Zoning code
RXD
APN
1N1E26CB 19000
UPID
US71-0311584
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
-
Ibex Communications Inc Film Production Television Studio
-
120 Chiropractic Inc. Alternative Medicine Practice
-
Dr. Henre J. Andosca Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
120 Chiropractic Mgt LLC · 3 yrs held
120 Chiropractic Mgt LLC
since 2022
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
RXD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,784
Tax year 2023
Assessed value
$142,810
Assessed 2023
Previous assessed
$138,660
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$937,500
Improvement market value
$91,780
Total market value
$1,029,280
Applied tax rate
710.0000
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
1946
Heating
NONE
Stories
1
Total area
2,970 SF
Lot
0.14 ac (6,250 SF)
Zoning code
RXD
APN
1N1E26CB 19000
UPID
US71-0311584
Jurisdiction
MULTNOMAH
Zoning & alternative use
RXD · Portland, OR
Zoning RXD · permitted uses
RXD · 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
1946
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
120 Chiropractic Mgt LLC
Entity
Free & Clear · 3 yrs held
Mailing address
435 NE TILLAMOOK ST, PORTLAND, OR 97212-3850
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2022
—
120 Chiropractic Mgt LLC
J Andosca De Henre
Intrafamily Transfer
related
—
Mar 14, 2022
$1,200,000
Henre J Andosca
Reasonable Volume LLC
Warranty Deed
$1,622,000 · Pacific Western National Bank
Aug 21, 2009
$365,000
Reasonable Volume LLC
Joseph B Shaw
Warranty Deed
$265,000 · Us Bank NA
—
—
Reasonable Volume LLC
—
Loan Modification
related
—
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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