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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Commercial real estate
565 Gloucester St, Gladstone, OR 97027-2040
Individually Owned
7-yr Hold
Free & Clear
Property ID
US71-0067775
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1920
Total area
1,104 SF
Lot
0.34 ac (15,010 SF)
Zoning code
C3
APN
22E19DA04700
UPID
US71-0067775
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
-
Billie's Jewelry & Accessories (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$717k
Blend (final)
Blend
$715k
Owner & transaction history
Billie J Fisher · 7 yrs held
Billie J Fisher
since 2018
6 recorded transactions
Zoning & alternative use
C3 · Gladstone, 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 Gladstone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gladstone 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
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$648 / 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
$7,377
Tax year 2023
Assessed value
$366,781
Assessed 2023
Previous assessed
$356,099
+3.0% YoY
Effective rate
2.01%
On assessed value
Land market value
$253,622
Improvement market value
$396,420
Total market value
$650,042
Applied tax rate
115.0000
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1920
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,104 SF
Lot
0.34 ac (15,010 SF)
Zoning code
C3
APN
22E19DA04700
UPID
US71-0067775
Jurisdiction
CLACKAMAS
Zoning & alternative use
C3 · Gladstone, OR
Zoning C3 · permitted uses
C3 · Gladstone, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gladstone. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Billie J Fisher
Individual
Free & Clear · 7 yrs held
Mailing address
565 W GLOUCESTER ST, GLADSTONE, OR 97027-2040
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2018
—
Billie J Fisher
Billies Jewelry & Accessories
Quit Claim Deed
—
Mar 25, 2013
$295,000
Billies Jewelry & Accessories INC
Bahram B Behnoodi
Warranty Deed
$236,000 · Us Bank NA
Dec 5, 2012
—
Bahram Behboodi
—
Trustees Deed
related
$14,319 · Hometown National Bank
Nov 4, 2004
$248,000
Bahram B Behboodi
Sherris,lawrence E & Marilyn J
Warranty Deed
related
$200,000 · Hometown National Bank
Mar 12, 2004
$150,000
Lawrence E Sherris
Jorgensen,dell L
Grant Deed
related
—
Mar 1, 1993
$140,000
Dell Lyle Jorgensen
Unknown
Grant Deed
related
—
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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