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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Medical Office Space
4413 Cesar E Chavez Blvd, Portland, OR 97202-3117
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US71-0308788
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Total area
2,375 SF
Lot
0.2 ac (8,525 SF)
Zoning code
CG
APN
1S1E12DD 10200
UPID
US71-0308788
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
$994k
Blend (final)
Blend
$995k
Owner & transaction history
4413 Se Cesar E Chavez Blvd LLC · 8 yrs held
4413 Se Cesar E Chavez Blvd LLC
since 2018
7 recorded transactions
Zoning & alternative use
CG · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$795,000
+10.5%
Auto repair, garage
$725,000
+1.1%
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
MEDICAL BUILDING
$715,000
Current use
RETAIL STORES
$795,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$725,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$690,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$685,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$419 / 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
$13,171
Tax year 2023
Assessed value
$497,060
Assessed 2023
Previous assessed
$482,590
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$325,550
Improvement market value
$1,590,190
Total market value
$1,915,740
Applied tax rate
201.0000
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
1995
Heating
NONE
Stories
1
Total area
2,375 SF
Lot
0.2 ac (8,525 SF)
Zoning code
CG
APN
1S1E12DD 10200
UPID
US71-0308788
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
MEDICAL BUILDING Current
Est. value
$715,000
RETAIL STORES
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$725,000
COMMERCIAL (GENERAL)
Est. value
$690,000
OFFICE BUILDING
Est. value
$685,000
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1995
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
4413 Se Cesar E Chavez Blvd LLC
Entity
Mailing address
4413 SE CESAR E CHAVEZ BLVD, PORTLAND, OR 97202-3117
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2018
—
4413 Se Cesar E Chavez Blvd LLC
—
Deed
related
$523,226 · Us Bank Trust Co NA
Jun 8, 2018
$1,350,000
4413 Se Cesar E Chavez Blvd LLC
Northwest Clinic LLC
Special Warranty Deed
$523,226 · Northwest Clinic LLC
Apr 19, 2017
—
Northwest Clinic LLC
—
Trustees Deed
related
$1,000,000 · Terry Newsom
Mar 8, 2010
—
Northwest Clinic LLC
Northwest Assets LLC
Bargain And Sale Deed
$654,000 · Us Bank NA
Jul 7, 2005
—
Northwest Assets LLC
Nicholson,jeffrey D
Grant Deed
—
Mar 1, 1995
—
Jeffrey D Nicholson
—
Grant Deed
related
$460,000 · Money Store Investment Corp
Jul 27, 1994
$88,000
Nicholson,jeffrey D
Coin Systems INC
Trustees Deed
—
Jul 27, 1994
$55,000
Coin Systems INC
Standard Insuran
Trustees Deed
—
—
—
Jeffrey D Nicholson
—
Deed Of Trust
related
$250,000 · Bank Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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