Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7698 Leslie St Portland, OR 97223-2233

    • Assisted living facilities
    • 2,154 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-1877024
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • S&S Elite Care / Adult Foster Care Service

    Property Details for 7698 Leslie St

    Year built
    1989
    Construction
    WOOD FRAME
    Lot size
    0.17 lot acres
    Property size
    2,154 SF
    Zone code
    R-5
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    1S125BD-07900
    APU
    1S125BD07900

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $538,000
      Market price range: $296k - $564k
      AI Estimate
      $538,000
      Market price range: $296k - $564k

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $425,000
      Current use
      AUTO REPAIR, GARAGE
      $660,000
      Change: +55% Conversion: Difficult
      MEDICAL BUILDING
      $650,000
      Change: +53% Conversion: Difficult
      RETAIL STORES
      $645,000
      Change: +52% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $625,000
      Change: +47% Conversion: Difficult
      OFFICE BUILDING
      $625,000
      Change: +47% Conversion: Difficult
      WAREHOUSE, STORAGE
      $440,000
      Change: +3% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.756
    Latitude
    45.4572
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,900
    $0.00
    $0.00
    $327,030
    -
    $307,250
    $345,770
    $653,020

    Comparable in this City

    • Value Estimation
      $2,685,000
      12,636 SF

      12353 Grant Ave

      HOMES (RETIRED, NURSING) • 12,636 SF
      12353 Grant Ave, Portland, OR 97223-5218
      View Details
    • Value Estimation
      $715,000
      4,607 SF

      11255 79th Ave

      HOMES (RETIRED, NURSING) • 4,607 SF
      11255 79th Ave, Portland, OR 97223-8736
      View Details
    • Value Estimation
      $565,000
      2,160 SF

      7695 Leslie St

      HOMES (RETIRED, NURSING) • 2,160 SF
      7695 Leslie St, Portland, OR 97223-9261
      View Details
    • Value Estimation
      $1,470,000
      7,460 SF

      11130 Greenburg Rd

      HOMES (RETIRED, NURSING) • 7,460 SF
      11130 Greenburg Rd, Portland, OR 97223-5433
      View Details
    • Value Estimation
      $700,000
      2,404 SF

      11430 Viewmount Ln

      HOMES (RETIRED, NURSING) • 2,404 SF
      11430 Viewmount Ln, Portland, OR 97223-3734
      View Details
    • Value Estimation by Request
      3,067 SF

      11689 129th Pl

      HOMES (RETIRED, NURSING) • 3,067 SF
      11689 129th Pl, Portland, OR 97223-7842
      View Details

    Similar Nearby for Sale

    • $3,600,000
      1 SF

      Prime Land on Hwy 99W

      1.9 acres ideal for commercial or mixed-use development.
      Lots SW Pacific Hwy, Tigard, OR 97223
      View Details
    • $295,000

      Updated Home in Quiet Complex

      Comfortable, updated home with new features and convenient location.
      10900 SW 76Th Pl, Portland, OR 97223
      View Details
    • Contact for pricing

      Corporate Plaza Ground Floor Office

      Ground floor office space with abundant parking and natural light.
      11501 SW Pacific Hwy, Tigard, OR 97223
      View Details
    • Contact for pricing

      Tigard Triangle Class A Office

      Class A office building in desirable Tigard Triangle location.
      7357 SW Beveland St, Tigard, OR 97223
      View Details
    • $2,750,000
      113,934 SF

      Tigard Apartment Development Site

      182 Units, QOZ, Prime Location
      12390 Knl Dr, Tigard, OR 97223
      View Details
    • $399,000
      926 SF

      New Construction Cottage Homes

      New, energy-efficient cottage homes near Washington Square in Portland.
      9596 SW 91St Ave, Portland, OR 97223
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      48,150 SF

      Fairway Center Office Suites

      Portland Office Space, Multiple Sizes Available
      9115 Oleson Rd, Portland, OR 97223
      View Details
    • $19 SF/Yr
      5,769 SF

      Tigard Office Space For Rent

      Office space with excellent road exposure and ample parking.
      12995 SW Pacific Hwy, Tigard, OR 97223
      View Details
    • $0.60 SF/Yr
      9,298 SF

      Industrial Space Near Transportation Hub

      Warehouse/industrial space with easy access to highways and transit.
      12700 SW Hall Blvd, Portland, OR 97223
      View Details
    • Contact for pricing

      Professional Office Space Available

      Single office space with excellent access to major highways.
      13500 SW 72Nd Ave, Portland, OR 97223
      View Details
    • Contact for pricing

      Industrial Building with Crane Bays

      Two-story industrial building featuring crane bays and drive-thru capability.
      10250 North Dakota St, Portland, OR 97223
      View Details
    • Contact for pricing

      Tigard Industrial/Flex Space Available

      41,058 SF industrial/flex space in Tigard for lease.
      8001 SW Hunziker St, Portland, OR 97223
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7698 Leslie St
    Portland, OR 97223-2233
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.