Entity Owned Property summary
AI-generated overview
This exceptional 48,420 square foot, two-story Class B office building presents a unique owner-user investment opportunity in Portland, Oregon. Located at 7201 N Interstate Ave, in Multnomah County, zip code 97217, this single-tenant property sits on a 0.97-acre lot and was built in 1976. The building's low-rise design and ample surface parking offer significant cost advantages compared to high-rises, making it easy to adapt to evolving business needs. Its convenient location provides easy access to I-5, Portland International Airport, and a MAX light rail stop, serving a population of approximately 312,609 within a 5-mile radius. The property benefits from its location in a thriving area attracting major technology companies, contributing to a strong and diverse talent pool. This presents an attractive opportunity to secure long-term cost savings by eliminating rent payments, while simultaneously building after-tax equity. The asking price for this exceptional investment is $10,000,000.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Total area
48,420 SF
Lot
0.97 ac (42,350 SF)
Zoning code
CG
APN
1N1E16AA 00300
UPID
US71-0893734
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician
-
Medical Clinic
-
Dental Office
-
Dental Office
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.28M
Blend (final)
Blend
$9.28M
Owner & transaction history
Zoning & alternative use
CG · Portland, OR
Top alternative use upside
Auto repair, garage
$14.8M
+1.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.28M
Value range
$8.35M – $10.20M
±10% around blend
Estimated value / SF
$192 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$8.35M
blend $9.28M
$10.20M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
48,420 SF
Lot area
0.97 ac
Year built
1976
Stories
2
APN
1N1E16AA 00300
Zoning
CG
Assessed value
$4,566,660
Annual tax
$121,011
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$9.28M
Range $6.94M – $20.27M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.28M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 59 sales
$302
-37%
County 53 sales
$302
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $192/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+1%
vs current-use indication
Medical Building · current use
Retail Stores
Office Building
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.57M
Move the market yield to see immediate price impact.
Value / SF
$94
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$288k
$5.75M
$4.11M
$3.20M
$320k
$6.39M
$4.57M
$3.55M
$352k
$7.03M
$5.02M
$3.91M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$121,011
Tax year 2023
Assessed value
$4,566,660
Assessed 2023
Previous assessed
$4,433,660
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$3,388,000
Improvement market value
$5,468,950
Total market value
$8,856,950
Applied tax rate
710.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1976
Heating
NONE
Stories
2
Total area
48,420 SF
Lot
0.97 ac (42,350 SF)
Zoning code
CG
APN
1N1E16AA 00300
UPID
US71-0893734
Jurisdiction
MULTNOMAH
Zoning & alternative use
CG · Portland, ORZoning CG · permitted uses
CG · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
2
Lot
0.97 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CG
Jurisdiction
Portland, OR
Recorded code
CG
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in Portland, OR.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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