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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Investment properties
5517 Commercial Ave Portland, OR 97217-2339
Individually Owned
6-yr Hold
Free & Clear
Property ID
US71-1340258
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1923
Total area
1,058 SF
Lot
0.09 ac (3,812 SF)
Zoning code
CSD
APN
1N1E15DC 18100
UPID
US71-1340258
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
-
Christine E. Hines, LCSW Counselor
-
Jade Chiropractic Alternative Medicine Practice
-
Lady D Suzanne DC Alternative Medicine Practice
-
Molly Straw Ouellette Alternative Medicine Practice
-
Kacie Braham Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$431k
Blend (final)
Blend
$525k
Owner & transaction history
Portland Community College · 6 yrs held
Portland Community College
since 2020
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
CSD · 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
$605,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $575k (May 22 2020)
Last sale anchor
$575k
May 22 2020
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
$496 / 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
Land market value
$276,250
Improvement market value
$353,600
Total market value
$629,850
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1923
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
1,058 SF
Lot
0.09 ac (3,812 SF)
Zoning code
CSD
APN
1N1E15DC 18100
UPID
US71-1340258
Jurisdiction
MULTNOMAH
Zoning & alternative use
CSD · Portland, OR
Zoning CSD · permitted uses
CSD · 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
1923
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Portland Community College
Individual
Free & Clear · 6 yrs held
Mailing address
12000 SW 49TH AVE, PORTLAND, OR 97219-7132
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2020
$575,000
Portland Community College
Pdx Redwood Properties LLC
Warranty Deed
—
Oct 16, 2018
—
Pdx Redwood Properties LLC
Lady,suzanne D
Grant Deed
—
Mar 1, 2016
—
Ann K Goldmann
Rubyteinsz Production LLC
Quit Claim Deed
related
—
Nov 8, 2007
—
Rubyteinsz Production LLC
Lady,suzanne D
Grant Deed
related
—
Apr 23, 2007
$370,000
Suzanne D Lady
Maria K Kosmetatos
Warranty Deed
$296,000 · Americas Wholesale Lender
Jun 13, 2002
$200,500
Maria K Kosmetatos
Rodgers,bruce & Joanne
Grant Deed
$160,400 · Homestreet Bank
Dec 18, 1998
$114,000
Bruce Rodgers
Riffle,simon C
Grant Deed
$91,200 · Washington Mutual Fsb
—
—
Maria K Kosmetatos
—
Deed Of Trust
related
$18,000 · Homestreet Bank
—
—
Maria K Kosmetatos
—
Deed Of Trust
related
$192,000 · Homestreet Bank
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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