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Property profile & analytics
OFF-MARKET
Medical Office Space
7301 Alta Ave, Portland, OR 97203-4807
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US71-0275283
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1951
Total area
1,780 SF
Lot
0.06 ac (2,550 SF)
Zoning code
CS
APN
1N1W12BA 08700
UPID
US71-0275283
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
-
Projection Realty Real Estate Agency
-
Dr. Mary E. Fischer, DMD Dental Office
-
St. Johns Family Dental Dental Office
-
Harlow Vernwald, Projection Realty Real Estate Agency
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
Trec Management LLC · 13 yrs held
Trec Management LLC
since 2012
6 recorded transactions
Zoning & alternative use
CS · 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
$5,322
Tax year 2023
Assessed value
$200,850
Assessed 2023
Previous assessed
$195,000
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$93,080
Improvement market value
$606,270
Total market value
$699,350
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1951
Heating
NONE
Stories
1
Total area
1,780 SF
Lot
0.06 ac (2,550 SF)
Zoning code
CS
APN
1N1W12BA 08700
UPID
US71-0275283
Jurisdiction
MULTNOMAH
Zoning & alternative use
CS · Portland, OR
Zoning CS · permitted uses
CS · 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
1951
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Trec Management LLC
Entity
Mailing address
825 NW WINGED FOOT TER, BEAVERTON, OR 97006-8391
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2012
—
Trec Management LLC
Phan,thi G & Emily Y
Grant Deed
$140,000 · Us Bank Trust Co
Aug 16, 2010
$300,000
Thi G Phan
Jmc Realty LLC
Warranty Deed
—
Jun 26, 2000
—
Jmc Realty LLC
Horizon Electric Co
Grant Deed
$120,000 · Bank Of The West
Dec 10, 1997
$117,000
Horizon Electric Co
Joshi,bhaskar A & Elaine E
Grant Deed
$87,750 · Seller
Mar 1, 1992
$55,000
Bhaskar A Joshi
Unknown
Grant Deed
—
—
—
Jmc Realty LLC
—
Deed Of Trust
related
$143,000 · Sterling Savings Bank
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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