Estimated value (blended)
$695k
Range $626k – $765k (±10%)
Property ID
US71-0673784
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1956
Total area
8,812 SF
Lot
1.2 ac (52,272 SF)
Zoning code
MC
APN
1S3E18A 00600
UPID
US71-0673784
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$695k
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
MC · Gresham, OR
Zoning description
............................................... 4.0400-3 4.0414 Community Commercial (CC) ............................................................................................ 4.0400-3 4.0415 Moderate Commercial (…
General category
COMMERCIAL
Top alternative use upside
Medical building
$2.7M
+6.1%
Auto repair, garage
$2.6M
+4.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$695k
Value range
$626k – $765k
±10% around blend
Estimated value / SF
$79 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
30
$626k
blend $695k
$765k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,812 SF
Lot area
1.2 ac
Year built
1956
Stories
2
APN
1S3E18A 00600
Assessed value
$480,460
Annual tax
$8,324
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.61M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.75M
@ 6.5% CAP return
$1.61M
@ 7% CAP return
$1.50M
4
Sales comparison
Partial preview
Sales approach indication
$2.70M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.0 mi away · 6,416 SF
22.0 mi away · 7,608 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$695k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 51 sales
$285
-72%
County 498 sales
$284
-72%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $79/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+6%
vs current-use indication
Auto Repair, Garage
Commercial (general) · current use
Apartment House (5+ Units)
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$480k
Move the market yield to see immediate price impact.
Value / SF
$55
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$30k
$605k
$432k
$336k
$34k
$673k
$480k
$374k
$37k
$740k
$529k
$411k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.95M
12.8 mi · Jan 2026 · $314/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,324
Tax year 2023
Assessed value
$480,460
Assessed 2023
Previous assessed
$466,470
+3.0% YoY
Effective rate
1.73%
On assessed value
Land market value
$522,720
Improvement market value
$972,020
Total market value
$1,494,740
Applied tax rate
383.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1956
Heating
FORCED AIR
Buildings
2
Stories
2
Bathrooms
2
Total area
8,812 SF
Lot
1.2 ac (52,272 SF)
Zoning code
MC
APN
1S3E18A 00600
UPID
US71-0673784
Jurisdiction
MULTNOMAH
Zoning & alternative use
MC · Gresham, ORZoning MC · permitted uses
MC · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
............................................... 4.0400-3 4.0414 Community Commercial (CC) ............................................................................................ 4.0400-3 4.0415 Moderate Commercial (…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Heating
FORCED AIR
Stories
2
Buildings
2
Bathrooms
2
Lot
1.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MC
COMMERCIAL
Jurisdiction
Gresham, OR
Recorded code
MC
Official district
MC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MC in Gresham, OR.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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