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Property profile & analytics
OFF-MARKET
Commercial land
456 Beech St, Portland, OR 97212-2170
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0011597
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1996
Total area
1,188 SF
Lot
0.11 ac (4,851 SF)
Zoning code
CGD
APN
1N1E23CC 24800
UPID
US71-0011597
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dez Development LLC · 1 yrs held
Dez Development LLC
since 2024
Last sale
$365,000
7 recorded transactions
Zoning & alternative use
CGD · 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
$3,073
Tax year 2023
Assessed value
$115,970
Assessed 2023
Previous assessed
$115,970
+0.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$485,100
Total market value
$485,100
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
1,188 SF
Lot
0.11 ac (4,851 SF)
Zoning code
CGD
APN
1N1E23CC 24800
UPID
US71-0011597
Jurisdiction
MULTNOMAH
Zoning & alternative use
CGD · Portland, OR
Zoning CGD · permitted uses
CGD · 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
1996
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Dez Development LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10117 SE SUNNYSIDE RDF1123, CLACKAMAS, OR 97015-7708
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2024
$365,000
Dez Development LLC
Firenze Development INC
Warranty Deed
—
Sep 18, 2017
—
Firenze Dev INC
—
Trustees Deed
related
$100,000 · Aaron Vitells
Aug 11, 2017
$450,000
Firenze Dev INC
Jenkins,jeri A
Warranty Deed
$2,260,000 · Bruce & Trish Martin
Aug 29, 2005
$159,000
Jeri A Jenkins
West,eddie L & Roxanne
Warranty Deed
$111,300 · Rivermark Community Cu
Apr 20, 1999
—
Eddie L West
West,eddie L
Quit Claim Deed
related
$94,940 · Green Tree Financial Corp
May 9, 1996
$25,000
West,eddie L
Miller,judith A
Trustees Deed
—
Oct 31, 1995
—
Judith A Miller
Hill,thurman
Grant Deed
related
—
Aug 1, 1992
$3,500
Thurman Hill
Unknown
Grant Deed
—
—
—
Judith A Miller
—
Deed Of Trust
related
$10,800 · Stanfill Trust
—
—
Bonnie P Serkin
—
Deed Of Trust
related
$87,715 · Green Tree Financial Corp
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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