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Property profile & analytics
OFF-MARKET
Estimated value
$18,450,000
Apartment buildings
5055 Interstate Ave Portland, OR 97217-3793
Entity Owned
9-yr Hold
Free & Clear
Property ID
US71-0602138
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2018
Total area
46,798 SF
Lot
0.36 ac (15,597 SF)
Zoning code
EXD
APN
1N1E21AA 22500
UPID
US71-0602138
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
-
Aniva Apartments Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.45M
Blend (final)
Blend
$18.45M
Owner & transaction history
Aniva LLC · 9 yrs held
Aniva LLC
since 2017
7 recorded transactions
Zoning & alternative use
EXD · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$19.1M
+43.2%
Restaurant
$16.0M
+20.4%
Auto repair, garage
$14.3M
+7.4%
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
APARTMENT HOUSE (5+ UNITS)
$13,305,000
Current use
COMMERCIAL (GENERAL)
$19,050,000
Change: +43% · Conversion: Moderate
RESTAURANT
$16,025,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,290,000
Change: +7% · Conversion: Difficult
MEDICAL BUILDING
$14,135,000
Change: +6% · Conversion: Moderate
RETAIL STORES
$14,050,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$13,525,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$18.45M
Range $16.61M – $20.30M · ±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
$394 / 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
$199,773
Tax year 2023
Assessed value
$7,538,990
Assessed 2023
Previous assessed
$7,538,990
+0.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$1,559,700
Improvement market value
$18,610,320
Total market value
$20,170,020
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2018
Heating
NONE
Stories
1
Total area
46,798 SF
Lot
0.36 ac (15,597 SF)
Zoning code
EXD
APN
1N1E21AA 22500
UPID
US71-0602138
Jurisdiction
MULTNOMAH
Zoning & alternative use
EXD · Portland, OR
Zoning EXD · permitted uses
EXD · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$13.3M
COMMERCIAL (GENERAL)
Est. value
$19.1M
RESTAURANT
Est. value
$16.0M
AUTO REPAIR, GARAGE
Est. value
$14.3M
MEDICAL BUILDING
Est. value
$14.1M
RETAIL STORES
Est. value
$14.1M
OFFICE BUILDING
Est. value
$13.5M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
2018
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Aniva LLC
Entity
Free & Clear · 9 yrs held
Mailing address
5331 S MACADAM AVE STE #258, PORTLAND, OR 97239-3871
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2020
—
Aniva LLC
—
Deed
related
$13,500,000 · First Interstate Bk
Jan 9, 2018
—
Aniva LLC
—
Grant Deed
related
$10,400,000 · First Interstate Bk
Feb 28, 2017
$1,040,000
Aniva LLC
Helens Investment Prop LLC
Warranty Deed
—
Jun 1, 2012
$350,000
Helens Investment Prop LLC
Valenzuela,francisco & Norma
Warranty Deed
$315,000 · Pacific City Bank
Jun 1, 1993
$99,000
Francisco Valenzuela
Unknown
Grant Deed
—
—
—
Helens Investment Prop LLC
—
Deed Of Trust
related
$150,000 · Pacific Cty Bk
—
—
Aniva LLC
—
Loan Modification
related
$13,500,000 · First Interstate 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.
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