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Property profile & analytics
OFF-MARKET
Retail space
7015 Greeley Ave Portland, OR 97217-5264
Entity Owned
~
Est. High Equity
Property ID
US71-0021404
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Total area
1,752 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R5
APN
1N1E16BA 17300
UPID
US71-0021404
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
-
JD's Shoe Repair Closing in July 2024, Last day for new repairs intake June 1 Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cedar & Porch Investments LLC
Cedar & Porch Investments LLC
since 2025
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
R5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,517
Tax year 2023
Assessed value
$57,250
Assessed 2023
Previous assessed
$55,590
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$111,830
Improvement market value
$172,410
Total market value
$284,240
Applied tax rate
201.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Heating
NONE
Stories
2
Total area
1,752 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R5
APN
1N1E16BA 17300
UPID
US71-0021404
Jurisdiction
MULTNOMAH
Zoning & alternative use
R5 · Portland, OR
Zoning R5 · permitted uses
R5 · 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
1923
Heating
NONE
Stories
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Cedar & Porch Investments LLC
Entity
Mailing address
7015 N GREELEY AVE, PORTLAND, OR 97217-5264
Mailing matches property
Yes
Owner-occupied
Yes
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
Sep 23, 2025
$625,000
Cedar & Porch Investments LLC
Julie A Derrick
Warranty Deed
$235,059 · Sylvia Oglesbee
Dec 7, 2017
$505,000
Julie A Derrick
Oglesbee,randy & Sylvia
Warranty Deed
$455,000 · Randy & Sylvia Oglesbee
Aug 1, 2005
$164,000
Randy Ogelsbee
Fielding,lorin & Brenda
Grant Deed
—
May 23, 2002
$164,000
Sylvia Oglesbee
Fielding,brenda & Lorin
—
—
May 1, 1991
$40,000
Lorin Fielding
Unknown
Grant Deed
—
—
—
Lorin S Fielding
—
Deed Of Trust
related
$194,400 · Individual
—
—
Lorin Fielding
—
Deed Of Trust
related
$90,500 · Beneficial Mortgage Co
—
—
Randy M Oglesbee
—
Loan Modification
related
—
—
—
Lorin Fielding
—
Deed Of Trust
related
$46,784 · Individual
—
—
Randy M Oglesbee
—
Deed Of Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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