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Property profile & analytics
OFF-MARKET
Estimated value
$19,070,000
Warehouses
7500 Landmark Ln Portland, OR 97224-8085
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0660417
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Total area
89,780 SF
Lot
4.91 ac (213,880 SF)
Zoning code
I-L
APN
2S112AB-00400
UPID
US71-0660417
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
-
Branson Machinery LLC (Oregon) Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.07M
Blend (final)
Blend
$19.07M
Owner & transaction history
Landmark Lane LLC · 14 yrs held
Landmark Lane LLC
since 2012
4 recorded transactions
Zoning & alternative use
I-L · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$30.7M
+67.8%
Auto repair, garage
$27.4M
+49.6%
Medical building
$27.1M
+48.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$18,320,000
Current use
RESTAURANT
$30,745,000
Change: +68% · Conversion: Difficult
AUTO REPAIR, GARAGE
$27,415,000
Change: +50% · Conversion: Easy
MEDICAL BUILDING
$27,120,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$26,955,000
Change: +47% · Conversion: Moderate
OFFICE BUILDING
$25,945,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$25,855,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$19.07M
Range $17.16M – $20.98M · ±10%
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
$212 / 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
$97,499
Tax year 2023
Assessed value
$5,539,090
Assessed 2023
Previous assessed
$5,377,760
+3.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$1,927,060
Improvement market value
$5,332,880
Total market value
$7,259,940
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
NONE
Total area
89,780 SF
Lot
4.91 ac (213,880 SF)
Zoning code
I-L
APN
2S112AB-00400
UPID
US71-0660417
Jurisdiction
WASHINGTON
Zoning & alternative use
I-L · Portland, OR
Zoning I-L · permitted uses
I-L · 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
WAREHOUSE, STORAGE Current
Est. value
$18.3M
RESTAURANT
Est. value
$30.7M
AUTO REPAIR, GARAGE
Est. value
$27.4M
MEDICAL BUILDING
Est. value
$27.1M
RETAIL STORES
Est. value
$27.0M
OFFICE BUILDING
Est. value
$25.9M
COMMERCIAL (GENERAL)
Est. value
$25.9M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1975
Heating
NONE
Lot
4.91 ac
Current owner
From public records · entity-resolved
Landmark Lane LLC
Entity
Free & Clear · 14 yrs held
Mailing address
2480 NE CENTURY BLVD, HILLSBORO, OR 97124-6593
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2012
—
Landmark Lane LLC
Hayter Family LP
Grant Deed
related
—
Jul 30, 1998
—
Hayter Family LP
Hayter,glenn L & Linda L
Quit Claim Deed
related
—
May 15, 1995
$1,750,000
Glenn L Hayter
Portland General Electric Comp
Grant Deed
—
Sep 23, 1992
$1,250,000
Electric Portland
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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