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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Day care centers
631 102nd Ave, Portland, OR 97220-4004
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0050663
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1961
Total area
2,101 SF
Lot
0.27 ac (11,635 SF)
Zoning code
CXD
APN
1N2E33AD 02100
UPID
US71-0050663
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
-
Megan Wyckoff, LCSW Family Counselor Counselor
-
Skip Shewell Counseling Counselor
-
IRCO Skill Center Social Service Agency Charitable Organization
-
Golden Flower Behavioral Services, LLC Crisis Center Medical Clinic
-
Do It Together Counseling, LLC Counselor Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
Ladybugs631ne102 LLC · 1 yrs held
Ladybugs631ne102 LLC
since 2025
Last sale
$889,000
7 recorded transactions
Zoning & alternative use
CXD · 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
by Request
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
$640,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$635,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$630,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$605,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$565,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $889k (Mar 13 2025)
Last sale anchor
$889k
Mar 13 2025
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
$424 / 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
$5,788
Tax year 2023
Assessed value
$246,270
Assessed 2023
Previous assessed
$239,100
+3.0% YoY
Effective rate
2.35%
On assessed value
Land market value
$290,880
Improvement market value
$378,600
Total market value
$669,480
Applied tax rate
712.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1961
Heating
NONE
Buildings
2
Stories
1
Total area
2,101 SF
Lot
0.27 ac (11,635 SF)
Zoning code
CXD
APN
1N2E33AD 02100
UPID
US71-0050663
Jurisdiction
MULTNOMAH
Zoning & alternative use
CXD · Portland, OR
Zoning CXD · permitted uses
CXD · 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
AUTO REPAIR, GARAGE
Est. value
$640,000
MEDICAL BUILDING
Est. value
$635,000
RETAIL STORES
Est. value
$630,000
OFFICE BUILDING
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$565,000
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
1961
Heating
NONE
Stories
1
Buildings
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Ladybugs631ne102 LLC
Entity
Mailing address
1205 SW 18TH AVE, PORTLAND, OR 97205-1711
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2025
$889,000
Ladybugs631ne102 LLC
631 LLC
Warranty Deed
$515,000 · Craft3
Sep 3, 2019
—
631 LLC
—
Deed
related
$75,000 · Prosper Portland
Mar 8, 2019
$625,000
631 LLC
The Immigrant & Refugee Cmnty Organ
Warranty Deed
$466,400 · Wells Fargo Bank NA
Oct 18, 2005
$590,000
Irco
Yerion,james & Judith M
Warranty Deed
—
Jun 29, 1999
$350,000
James Yerion
Groves,asa E & Carol A
Grant Deed
$330,000 · Newcourt Small Business Lendin
Oct 20, 1998
—
Ana E Groves
Groves,carol A & Asa E
Quit Claim Deed
related
$175,000 · Southern Pacific Bank
Feb 2, 1996
—
Carol A Groves
Groves,carol A
Quit Claim Deed
related
$125,000 · Beneficial Mortgage Co
Mar 1, 1993
$90,000
Bonnie G Frerichs
Unknown
Grant Deed
—
—
—
631 LLC
—
Deed Of Trust
related
$75,000 · Prosper Portland
—
—
Carol A Groves
—
Deed Of Trust
related
$100,000 · Beneficial Mortgage Co
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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