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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Assisted living facilities
6014 Shattuck Rd Portland, OR 97221-1043
Individually Owned
1-yr Hold
Property ID
US71-0106764
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1910
Total area
3,416 SF
Lot
2.3 ac (100,188 SF)
Zoning code
R10
APN
1S1E18CA 08600
UPID
US71-0106764
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$894k
Blend (final)
Blend
$1.22M
Owner & transaction history
Brian Henderson · 1 yrs held
Brian Henderson
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
R10 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The single dwelling zone is intended to preserve land for housing and to provide housing opportunities for individual households
Zone name
Single Dwelling Residential 10000
General category
RESIDENTIAL
Zone area
6,009.67 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.0M
+54.8%
Medical building
$1.0M
+53.2%
Retail stores
$1.0M
+52.2%
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
$1,260,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,045,000
Change: +55% · Conversion: Difficult
MEDICAL BUILDING
$1,030,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$1,025,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$985,000
Change: +47% · Conversion: Difficult
COMMERCIAL (GENERAL)
$985,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.20M (Dec 17 2020)
Last sale anchor
$1.20M
Dec 17 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
$357 / 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
$16,006
Tax year 2023
Assessed value
$604,590
Assessed 2023
Previous assessed
$586,990
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$1,262,000
Improvement market value
$563,920
Total market value
$1,825,920
Applied tax rate
1.0000
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
1910
Heating
FORCED AIR
Stories
2
Bathrooms
2
Total area
3,416 SF
Lot
2.3 ac (100,188 SF)
Zoning code
R10
APN
1S1E18CA 08600
UPID
US71-0106764
Jurisdiction
MULTNOMAH
Zoning & alternative use
R10 · Portland, ORZoning R10 · permitted uses
R10 · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The single dwelling zone is intended to preserve land for housing and to provide housing opportunities for individual households
Zone name
Single Dwelling Residential 10000
General category
RESIDENTIAL
Zone area
6,009.67 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
OFFICE BUILDING
Est. value
$985,000
COMMERCIAL (GENERAL)
Est. value
$985,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (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
1910
Heating
FORCED AIR
Stories
2
Bathrooms
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Brian Henderson
Individual
Mailing address
PO BOX 4832, BLUE JAY, CA 92317-4832
Ownership since
2025
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
Jun 17, 2025
—
Brian Henderson
Brian Henderson
Deed
related
—
Dec 17, 2020
$1,200,000
Brian Henderson
Thomas C Grissom
Warranty Deed
$820,000 · Premier Mortgage Resources LLC
Oct 17, 2019
$480,000
Thomas C Grissom
Gisele L Lamarre
Grant Deed
—
Sep 28, 2000
$355,000
Thomas C Grissom
Fogg,phillip G & Angela J
Grant Deed
$189,300 · First Security Bank
May 1, 1993
$325,000
Phillip G Fogg JR.
Unknown
Grant Deed
—
—
—
Herman L Wolfe
—
Deed Of Trust
related
$525,000 · First Interstate Bank Oregon
—
—
Thomas C Grissom
—
Deed Of Trust
related
$183,000 · Provident Funding Assoc LP
—
—
Herman L Wolfe
—
Deed Of Trust
related
$40,000 · First Interstate Bank Oregon
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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