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Property profile & analytics
OFF-MARKET
Strip malls
7198 Hazel Fern Rd, Portland, OR 97224-7762
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1860204
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
20,057 SF
Lot
3.28 ac (142,877 SF)
Zoning code
MUC
APN
2S113DB-01100
UPID
US71-1860204
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ch Realty Vii Of R Tualatin Bridg · 10 yrs held
Ch Realty Vii Of R Tualatin Bridg
since 2015
7 recorded transactions
Zoning & alternative use
MUC · 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
$396,225
Tax year 2023
Assessed value
$22,548,940
Assessed 2023
Previous assessed
$21,892,180
+3.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$4,697,080
Improvement market value
$35,269,120
Total market value
$39,966,200
Applied tax rate
23.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Heating
NONE
Buildings
5
Total area
20,057 SF
Lot
3.28 ac (142,877 SF)
Zoning code
MUC
APN
2S113DB-01100
UPID
US71-1860204
Jurisdiction
WASHINGTON
Zoning & alternative use
MUC · Portland, OR
Zoning MUC · permitted uses
MUC · 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
2006
Heating
NONE
Buildings
5
Lot
3.28 ac
Current owner
From public records · entity-resolved
Ch Realty Vii Of R Tualatin Bridg
Entity
Mailing address
302 DATURA ST STE #100, WEST PALM BEACH, FL 33401-5481
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2015
$31,150,277
Ch Realty Vii Of R Tualatin Bridg
Pointe At Bridgeport LLC
Grant Deed
$22,500,000 · Miscellaneous Ins Co
Aug 3, 2007
$3,220,000
Kemwoodgray LLC
Bridgeport Point Investors LLC
Warranty Deed
—
Aug 3, 2007
—
Pointe At Bridgeport LLC
Kemwoodgray LLC
Warranty Deed
related
—
Aug 3, 2007
$27,658,142
Point At Bridgeport LLC
Bridgeport Point Investors LLC
Warranty Deed
related
—
Apr 30, 2007
—
Bridgeport Point Investors LLC
City Of Tualatin
Grant Deed
related
—
Jan 24, 2006
—
Bridgeport Point Investors LLC
Bridgeport Point Investors LLC
Quit Claim Deed
related
—
Jan 17, 2006
$5,934,000
Bridgeport Point Investors LLC
Tah Ents LLC
Grant Deed
$16,875,000 · Bank Of America
Sep 3, 2002
—
Brian J Hemstreet
—
Deed Of Trust
related
$2,150,000 · Seattle Funding Group Ltd
Sep 6, 1989
$2,700,000
Mark S Hemstreet
Unknown
Grant Deed
—
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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