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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Investment properties
6016 Greeley Ave Portland, OR 97217-5016
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0582163
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1926
Construction
FRAME
Total area
940 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CN1
APN
1N1E16CA 14700
UPID
US71-0582163
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
-
The Space (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$442k
Blend (final)
Blend
$535k
Owner & transaction history
Jefferson Shallenberger · 5 yrs held
Jefferson Shallenberger
since 2020
Last sale
$695,000
4 recorded transactions
Zoning & alternative use
CN1 · 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
$730,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $695k (Dec 8 2020)
Last sale anchor
$695k
Dec 8 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
$569 / 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
$3,026
Tax year 2023
Assessed value
$114,190
Assessed 2023
Previous assessed
$110,870
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$362,500
Improvement market value
$251,790
Total market value
$614,290
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
1926
Construction
FRAME
Heating
FORCED AIR
Stories
1
Total area
940 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CN1
APN
1N1E16CA 14700
UPID
US71-0582163
Jurisdiction
MULTNOMAH
Zoning & alternative use
CN1 · Portland, OR
Zoning CN1 · permitted uses
CN1 · 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
1926
Construction
FRAME
Heating
FORCED AIR
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Jefferson Shallenberger
Individual
Mailing address
6016 N GREELEY AVE, PORTLAND, OR 97217-5016
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
—
Jefferson Shallenberg
—
Deed
related
$500,000 · Patricia D Shallenberger Rev Int Tr
Dec 8, 2020
$695,000
Jefferson Shallenberger
Overlook Pdx LLC
Warranty Deed
$556,000 · Irving Blake J Family Tr (pt)
Sep 14, 2016
—
Overlook Pdx LLC
Casey A Carl
Bargain And Sale Deed
$170,000 · Us Bank NA
Feb 20, 2015
$230,000
Overlook Pdx LLC
Albert G Evans INC
Warranty Deed
$170,000 · Overlook Pdx Loan
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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