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Property profile & analytics
OFF-MARKET
Estimated value
$17,195,000
Office Spaces
7624 Bridgeport Rd, Portland, OR 97224-7700
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0762672
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1988
Total area
67,421 SF
Lot
5.03 ac (219,107 SF)
Zoning code
OP
APN
2S113CD-00100
UPID
US71-0762672
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
$17.19M
Blend (final)
Blend
$17.20M
Owner & transaction history
Mary Elizabeth Fisher · 1 yrs held
Mary Elizabeth Fisher
since 2025
4 recorded transactions
Zoning & alternative use
OP · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$23.1M
+18.9%
Auto repair, garage
$20.6M
+6.0%
Medical building
$20.4M
+4.9%
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
COMMERCIAL (GENERAL)
$19,415,000
Current use
RESTAURANT
$23,090,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$20,585,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$20,365,000
Change: +5% · Conversion: Easy
RETAIL STORES
$20,240,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$19,485,000
Change: +0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$17,925,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$17.20M
Range $15.48M – $18.91M · ±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
$255 / 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
$111,175
Tax year 2023
Assessed value
$7,433,460
Assessed 2023
Previous assessed
$7,216,960
+3.0% YoY
Effective rate
1.50%
On assessed value
Land market value
$5,209,670
Improvement market value
$5,684,980
Total market value
$10,894,650
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1988
Heating
NONE
Total area
67,421 SF
Lot
5.03 ac (219,107 SF)
Zoning code
OP
APN
2S113CD-00100
UPID
US71-0762672
Jurisdiction
WASHINGTON
Zoning & alternative use
OP · Portland, OR
Zoning OP · permitted uses
OP · 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
COMMERCIAL (GENERAL) Current
Est. value
$19.4M
RESTAURANT
Est. value
$23.1M
AUTO REPAIR, GARAGE
Est. value
$20.6M
MEDICAL BUILDING
Est. value
$20.4M
RETAIL STORES
Est. value
$20.2M
OFFICE BUILDING
Est. value
$19.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$17.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1988
Heating
NONE
Lot
5.03 ac
Current owner
From public records · entity-resolved
Mary Elizabeth Fisher
Individual
Mailing address
PO BOX 1696, BEAVERTON, OR 97075-1696
Ownership since
2025
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
Apr 30, 2025
$849,900
Mary Elizabeth Fisher
Douglas B Alford
Warranty Deed
—
Oct 11, 1994
$4,345,000
B K Herndon
Hicker Goebels & Korsen
Grant Deed
—
Mar 19, 1990
$1,051,250
Goebels Hicker
Unknown
Grant Deed
—
—
—
Bridgeport Woods Busn Park LLC
—
Deed Of Trust
related
$1,016,696 · Home Valley 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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