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Property profile & analytics
OFF-MARKET
Estimated value
$13,250,000
Showrooms
50 Tomahawk Is Dr 250 Portland, OR 97217-7934
Entity Owned
12-yr Hold
Free & Clear
Property ID
US71-0402146
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1979
Total area
23,300 SF
Lot
13.8 ac (601,128 SF)
Zoning code
2CX,IG2X
APN
1N1E03AA 00300
UPID
US71-0402146
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
-
Kinetic Properties, LLC Property Management Company Commercial Real Estate Agency
-
KCID Community Services Association / Organization
-
Royal Marine Yacht Sales (Bike/Boat/Book/etc) Store
-
Steelhead Marine, Inc. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.25M
Blend (final)
Blend
$13.25M
Owner & transaction history
Mc Marine LLC · 12 yrs held
Mc Marine LLC
since 2014
7 recorded transactions
Zoning & alternative use
2CX,IG2X · 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
COMMERCIAL (GENERAL)
$9,485,000
Current use
RESTAURANT
$7,980,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$13.25M
Range $11.93M – $14.58M · ±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
$569 / 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
$91,647
Tax year 2023
Assessed value
$3,458,540
Assessed 2023
Previous assessed
$3,357,810
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$2,865,690
Improvement market value
$2,601,380
Total market value
$5,467,070
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1979
Heating
NONE
Buildings
5
Stories
1
Total area
23,300 SF
Lot
13.8 ac (601,128 SF)
Zoning code
2CX,IG2X
APN
1N1E03AA 00300
UPID
US71-0402146
Jurisdiction
MULTNOMAH
Zoning & alternative use
2CX,IG2X · Portland, OR
Zoning 2CX,IG2X · permitted uses
2CX,IG2X · 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
COMMERCIAL (GENERAL) Current
Est. value
$9.5M
RESTAURANT
Est. value
$8.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1979
Heating
NONE
Stories
1
Buildings
5
Lot
13.8 ac
Current owner
From public records · entity-resolved
Mc Marine LLC
Entity
Free & Clear · 12 yrs held
Mailing address
250 NE TOMAHAWK IS DR, PORTLAND, OR 97217-7938
Ownership since
2014
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
Oct 22, 2020
—
Mc Marine LLC
—
Deed
related
$2,669,000 · Columbia St Bk
Jun 19, 2018
—
Mc Marine LLC
—
Deed
related
$2,250,000 · Iq Cu
May 12, 2014
—
Mc Marine LLC
Mccuddy,michael L
Warranty Deed
—
—
—
Michael L Mccuddy
—
Deed Of Trust
related
$2,825,000 · West Coast Bank
—
—
Michael L Mccuddy
—
Deed Of Trust
related
$1,729,215 · West Coast Bank
—
—
Mc Marine LLC
—
Deed Of Trust
related
$2,250,000 · Iq Cu
—
—
Mc Marine LLC
—
Deed Of Trust
related
$2,669,000 · Columbia St Bk
—
—
Mc Marine LLC
—
Deed Of Trust
related
$100,000 · Columbia St Bk
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.
Try Rey
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