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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Investment properties
4407 Corbett Ave Portland, OR 97239-4206
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0024939
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1889
Total area
2,728 SF
Lot
0.12 ac (5,100 SF)
Zoning code
CS
APN
1S1E10CD 05100
UPID
US71-0024939
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
-
Mandate Media Marketing & Advertising Advertising Agency
-
Cellar 503 Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$907k
Blend (final)
Blend
$905k
Owner & transaction history
John F Moyer · 1 yrs held
John F Moyer
since 2024
7 recorded transactions
Zoning & alternative use
CS · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$835,000
+11.4%
Medical building
$825,000
+10.2%
Retail stores
$820,000
+9.6%
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
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)
$745,000
Current use
AUTO REPAIR, GARAGE
$835,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$825,000
Change: +10% · Conversion: Easy
RETAIL STORES
$820,000
Change: +10% · Conversion: Easy
OFFICE BUILDING
$790,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$332 / 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
$12,552
Tax year 2023
Assessed value
$489,980
Assessed 2023
Previous assessed
$475,710
+3.0% YoY
Effective rate
2.56%
On assessed value
Land market value
$247,000
Improvement market value
$460,070
Total market value
$707,070
Applied tax rate
1.0000
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
1889
Heating
FORCED AIR
Stories
2
Bathrooms
2
Total area
2,728 SF
Lot
0.12 ac (5,100 SF)
Zoning code
CS
APN
1S1E10CD 05100
UPID
US71-0024939
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$835,000
MEDICAL BUILDING
Est. value
$825,000
RETAIL STORES
Est. value
$820,000
OFFICE BUILDING
Est. value
$790,000
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
1889
Heating
FORCED AIR
Stories
2
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
John F Moyer
Individual
Mailing address
4407 S CORBETT AVE, PORTLAND, OR 97239-4206
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
—
John F Moyer
John F Moyer
Intrafamily Transfer
related
—
Aug 13, 2024
—
Change Studios LLC
—
Deed
related
$150,000 · Newtek Bank NA
Sep 21, 2023
—
Change Studios LLC
—
Deed
related
$740,000 · Gulf Coast Bank & Trust Co
Feb 9, 2016
$499,000
Change Studios LLC
Maric LLC
Warranty Deed
$643,600 · Jpmorgan Chase Bank NA
Dec 20, 2006
$345,000
Maric LLC
Murphy,michael E & Mary C
Warranty Deed
$245,000 · Bank Of The West
Jun 6, 2005
$2,217,395
Michael E Murphy
Murphy Trust
Grant Deed
related
—
Feb 1, 2005
$1,550,000
Corbett Properties LLC
Cummings,dwight
Trustees Deed
$1,400,000 · Dwight A & Karen Cummings
Feb 1, 2005
$2,217,395
Murphy,michael E & Mary C
Corbett Properties LLC
Trustees Deed
$1,400,000 · Corbett Properties LLC
Nov 20, 1995
$169,500
Blackstone Co
Finn,robert L & Helga M
Grant Deed
—
Nov 9, 1993
—
Helga M Finn
Finn,robert L
Quit Claim Deed
related
$84,000 · Investors Mortgage Co LP
—
—
Maric LLC
—
Deed Of Trust
related
$207,000 · Pacific Continental 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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