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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Warehouses
4444 148th Ave, Portland, OR 97230-4309
Entity Owned
Absentee Owner
Free & Clear
Property ID
US71-0168315
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Total area
10,500 SF
Lot
0.54 ac (23,603 SF)
Zoning code
IG2
APN
1N2E24BD 00900
UPID
US71-0168315
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
-
Advanced Hydraulic Supply Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.46M
Owner & transaction history
Solo Six LLC
Solo Six LLC
since 2026
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
IG2 · 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
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
WAREHOUSE, STORAGE
$2,145,000
Current use
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±10% · vs last sale $1.30M (Dec 10 2025)
Last sale anchor
$1.30M
Dec 10 2025
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
$139 / 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
$11,233
Tax year 2023
Assessed value
$469,110
Assessed 2023
Previous assessed
$455,450
+3.0% YoY
Effective rate
2.39%
On assessed value
Land market value
$305,030
Improvement market value
$1,247,540
Total market value
$1,552,570
Applied tax rate
40.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Total area
10,500 SF
Lot
0.54 ac (23,603 SF)
Zoning code
IG2
APN
1N2E24BD 00900
UPID
US71-0168315
Jurisdiction
MULTNOMAH
Zoning & alternative use
IG2 · Portland, OR
Zoning IG2 · permitted uses
IG2 · 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
WAREHOUSE, STORAGE Current
Est. value
$2.1M
WAREHOUSE, STORAGE Current
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
1964
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Solo Six LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5680 W SUNSET RD, TUCSON, AZ 85743-9233
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
Solo Six LLC
Advanced Hydraulic Supply Co LLC
Bargain & Sale Deed
—
Dec 10, 2025
$1,300,000
Advanced Hydraulic Supply Co LLC
Hydraulic LLC
Warranty Deed
—
Dec 3, 2020
—
Hydraulic LLC
Sheahan George C JR L/tr
Grant Deed
related
—
Aug 4, 2020
—
Hydraulic LLC
G Cameron Sheahan JR.
Grant Deed
related
—
Mar 11, 2005
—
Sheahan George C JR Trust
Sheahan,g C JR
Quit Claim Deed
related
—
Mar 6, 1995
—
James R Elliott
Elliott,james R
Quit Claim Deed
related
$176,250 · West One Bank Oregon
Apr 1, 1993
$75,000
David L Mc Gee
Unknown
Grant Deed
—
—
—
James R Elliott
—
Deed Of Trust
related
$250,000 · Bank Of The West
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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