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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Medical Office Space
7471 Barbur Blvd, Portland, OR 97219-2809
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0504885
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1991
Total area
2,304 SF
Lot
0.36 ac (15,843 SF)
Zoning code
CGD
APN
1S1E21AC 01500
UPID
US71-0504885
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
-
Elisabeth Kierkegaarde Dental Office
-
Dr. Amanda Tinkle Dental Office
-
Dr. Benjamin De Graff Dental Office
-
Melissa Wages Dental Office
-
Mark D. Wilson, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$965k
Blend (final)
Blend
$1.17M
Owner & transaction history
Real Property Investment LLC · 3 yrs held
Real Property Investment LLC
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
CGD · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$705,000
+1.1%
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
$1,185,000
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
$705,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10% · vs last sale $1.35M (Dec 12 2022)
Last sale anchor
$1.35M
Dec 12 2022
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
$506 / 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
$13,048
Tax year 2023
Assessed value
$492,850
Assessed 2023
Previous assessed
$478,500
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$946,520
Improvement market value
$678,680
Total market value
$1,625,200
Applied tax rate
1.0000
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
1991
Heating
NONE
Stories
1
Total area
2,304 SF
Lot
0.36 ac (15,843 SF)
Zoning code
CGD
APN
1S1E21AC 01500
UPID
US71-0504885
Jurisdiction
MULTNOMAH
Zoning & alternative use
CGD · Portland, OR
Zoning CGD · permitted uses
CGD · 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
$705,000
AUTO REPAIR, GARAGE
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
1991
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Real Property Investment LLC
Entity
Mailing address
11529 SW 27TH AVE, PORTLAND, OR 97219-8924
Ownership since
2022
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 12, 2022
$1,350,000
Real Property Investment LLC
Burlingame Dental Arts Property LLC
Warranty Deed
$1,028,000 · Provide INC
Jun 20, 2017
—
Burlingame Dental Arts Prop Ll
—
Deed
related
$399,900 · Keybank USA
Mar 27, 2013
—
Burlingame Dental Arts Prop Ll
Scems LLC
Grant Deed
related
—
Apr 3, 2012
—
Scems LLC
Carl,milton
Grant Deed
related
—
May 3, 2006
—
Burlingame Dental Arts Prop Ll
Wilson,mark D
Grant Deed
—
Feb 21, 1997
—
Mark D Wilson
Rotenberg,stan N
Grant Deed
related
—
—
—
Mark D Wilson
—
Deed Of Trust
related
$11,400 · Us Small Business Admn
—
—
Mark D Wilson
—
Deed Of Trust
related
$36,300 · Us Small Business Admn
—
—
Burlingame Dental Arts Prop Ll
—
Deed Of Trust
related
$399,900 · Keybank USA
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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