New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,265,000
Assisted living facilities
6003 136th Ave, Portland, OR 97236-4567
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-0120526
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1922
Total area
5,265 SF
Lot
2.9 ac (126,324 SF)
Zoning code
R2A
APN
1S2E14DC 01700
UPID
US71-0120526
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
-
Anna K. Dyar, MSW Foster Care Service Social Service Agency
-
Work Sapphire at Cedar Crossings Nursing Home
-
Sarah Dowdy Foster Care Service Social Service Agency
-
Karyn Keller Foster Care Service Social Service Agency
-
Mary Berens Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.27M
Owner & transaction history
Sapphire At Cedar Crossings LLC · 2 yrs held
Sapphire At Cedar Crossings LLC
since 2024
Last sale
$6.3M
5 recorded transactions
Zoning & alternative use
R2A · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$6.8M
+660.8%
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
$6,265,000
ML approach
$6,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,785,000
Change: +661% · Conversion: Difficult
Blend value · Realmo final
$6.27M
Range $5.64M – $6.89M · ±10% · vs last sale $6.27M (Jun 21 2024)
Last sale anchor
$6.27M
Jun 21 2024
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
$1,190 / 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
$98,312
Tax year 2023
Assessed value
$4,182,830
Assessed 2023
Previous assessed
$4,061,000
+3.0% YoY
Effective rate
2.35%
On assessed value
Land market value
$1,102,850
Improvement market value
$14,703,600
Total market value
$15,806,450
Applied tax rate
113.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1922
Heating
NONE
Buildings
2
Stories
1
Total area
5,265 SF
Lot
2.9 ac (126,324 SF)
Zoning code
R2A
APN
1S2E14DC 01700
UPID
US71-0120526
Jurisdiction
MULTNOMAH
Zoning & alternative use
R2A · Portland, OR
Zoning R2A · permitted uses
R2A · 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
INDUSTRIAL (GENERAL)
Est. value
$6.8M
INDUSTRIAL (GENERAL)
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
1922
Heating
NONE
Stories
1
Buildings
2
Lot
2.9 ac
Current owner
From public records · entity-resolved
Sapphire At Cedar Crossings LLC
Entity
Mailing address
63 NE KENDRICK ST STE #1, NEEDHAM, MA 02494-2760
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2024
—
Sapphire At Cedar Crossings LLC
S & T Holdings LLC
Lease
—
Jun 21, 2024
$15,145,600
Cedar Crossings Hc Investors LLC
S&t Holdings LLC
Special Warranty Deed
$20,000,000 · Bokf NA
—
—
S & T Holdings LLC
—
Loan Modification
related
$5,574,600 · Walker & Dunlop
—
—
S & T Holdings LLC
—
Deed Of Trust
related
$5,574,600 · Cw Capital
—
—
S & T Holdings LLC
—
Deed Of Trust
related
$42,000 · Oregon Dept Human Services
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6003 136th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
