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Property profile & analytics
OFF-MARKET
Industrial properties
7491 Overland St, Milwaukie, OR 97222-1866
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0019973
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1982
Lot
0.62 ac (27,007 SF)
Zoning code
I3
APN
12E29AC02401
UPID
US71-0019973
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
Overland LLC · 8 yrs held
Overland LLC
since 2018
7 recorded transactions
Zoning & alternative use
I3 · Milwaukie, 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 Milwaukie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukie 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
$5,204
Tax year 2023
Assessed value
$275,218
Assessed 2023
Previous assessed
$267,202
+3.0% YoY
Effective rate
1.89%
On assessed value
Land market value
$196,864
Improvement market value
$423,240
Total market value
$620,104
Applied tax rate
12.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1982
Heating
NONE
Lot
0.62 ac (27,007 SF)
Zoning code
I3
APN
12E29AC02401
UPID
US71-0019973
Jurisdiction
CLACKAMAS
Zoning & alternative use
I3 · Milwaukie, OR
Zoning I3 · permitted uses
I3 · Milwaukie, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
0.62 ac
Current owner
From public records · entity-resolved
Overland LLC
Entity
Mailing address
12025 SE WINTERCRESS CT, HAPPY VALLEY, OR 97086-6758
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2018
$550,000
Overland LLC
Howells Barbara L Trust
Warranty Deed
$467,000 · Capitalsource
Aug 14, 2014
—
Howells,barbara L Trust
Howells Investments LLC
Quit Claim Deed
related
—
Oct 4, 2012
—
David J Howells
Howell Investments LLC
Quit Claim Deed
related
—
Nov 2, 2007
—
Howell Investments LLC
Howell Investments LLC
Bargain And Sale Deed
$235,386 · Us Bank NA
Feb 7, 2003
$221,000
Howells Investments LLC
Garrett,donald L & Barbara
Grant Deed
—
—
—
Howells Investments LLC
—
Deed Of Trust
related
$150,000 · Town Center Bank
—
—
Donald L Garrett
—
Deed Of Trust
related
$50,000 · Key Bank Of Oregon
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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