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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Retail space
4434 Sandy Blvd, Portland, OR 97213-1436
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0159444
Property summary
AI-generated overview
This exceptional 1,622 square foot executive office building, located at 4434 NE Sandy Blvd in Portland, Oregon, presents a compelling investment or owner-user opportunity. Situated on a 0.15-acre lot, the property boasts CM2 zoning, allowing for diverse commercial uses. The building features dedicated off-street parking, a significant advantage in this high-traffic area. Its prominent street presence and pylon signage ensure excellent visibility for any business. The asking price is $1,600,000, translating to $986.44 per square foot. This property is ideal for entrepreneurs seeking a well-located space to establish their business or for investors looking to add a high-return asset to their portfolio. The flexible zoning and ample parking make this a truly versatile commercial property in the heart of Portland's vibrant Hollywood district. The property's location ensures high daytime traffic, maximizing exposure and potential for success. Don't miss this chance to acquire a prime commercial property in a thriving Portland neighborhood.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Total area
3,783 SF
Lot
0.15 ac (6,655 SF)
Zoning code
CS
APN
1N2E30CC 02000
UPID
US71-0159444
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
-
Dara Thai & Teriyaki Restaurant
-
Dara Thai Vegan Cuisine Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.23M
Owner & transaction history
Ab Hollywood LLC · 5 yrs held
Ab Hollywood LLC
since 2021
6 recorded transactions
Zoning & alternative use
CS · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+33.1%
Medical building
$1.1M
+31.6%
Office building
$1.1M
+25.9%
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
RETAIL STORES
$870,000
Current use
AUTO REPAIR, GARAGE
$1,155,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$1,145,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,095,000
Change: +26% · Conversion: Easy
COMMERCIAL (GENERAL)
$955,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$770,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±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
$325 / 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
$11,274
Tax year 2023
Assessed value
$425,450
Assessed 2023
Previous assessed
$413,060
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$342,600
Improvement market value
$748,970
Total market value
$1,091,570
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1947
Heating
NONE
Stories
1
Total area
3,783 SF
Lot
0.15 ac (6,655 SF)
Zoning code
CS
APN
1N2E30CC 02000
UPID
US71-0159444
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
RETAIL STORES Current
Est. value
$870,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$955,000
WAREHOUSE, STORAGE
Est. value
$770,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1947
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Ab Hollywood LLC
Entity
Mailing address
11158 SE LENORE ST, HAPPY VALLEY, OR 97086-8791
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2021
—
Ab Hollywood LLC
Suk Hwang Ho
Warranty Deed
—
Mar 1, 2010
$750,000
Suk Hwang Ho
Suk Chang Jung
Warranty Deed
$250,000 · Us Bank NA
May 1, 2009
—
Jung S Chang
Chang,in G
Quit Claim Deed
related
—
May 7, 1999
$252,000
In G Chang
Chung,kap Jk & In S
Grant Deed
—
Feb 1, 1992
$190,000
Kap Jeon Chung
Unknown
Grant Deed
—
—
—
Kap J Chung
—
Deed Of Trust
related
$185,000 · Parallel Comm'l Cap Nw LLC
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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