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Property profile & analytics
OFF-MARKET
Office Spaces
825 Division St Gresham, OR 97030-3939
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-0054377
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1952
Total area
1,020 SF
Lot
0.18 ac (7,765 SF)
Zoning code
SC
APN
1S3E03DC 02200
UPID
US71-0054377
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
Eklund Family Trust · 6 yrs held
Eklund Family Trust
since 2020
5 recorded transactions
Zoning & alternative use
SC · Gresham, 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 Gresham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gresham 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
$1,936
Tax year 2023
Assessed value
$102,840
Assessed 2023
Previous assessed
$99,850
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$231,290
Improvement market value
$22,340
Total market value
$253,630
Applied tax rate
26.0000
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
1952
Heating
NONE
Stories
1
Total area
1,020 SF
Lot
0.18 ac (7,765 SF)
Zoning code
SC
APN
1S3E03DC 02200
UPID
US71-0054377
Jurisdiction
MULTNOMAH
Zoning & alternative use
SC · Gresham, OR
Zoning SC · permitted uses
SC · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gresham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Eklund Family Trust
Trust
Mailing address
PO BOX 2483, GRESHAM, OR 97030-0660
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2020
—
Eklund Family Trust
Eklund Family Trust
Quit Claim Deed
related
—
Dec 12, 2018
—
Ne Div Street Coml LLC
Smit,martin K
Grant Deed
related
—
Jul 5, 2005
—
Elizabeth Treanor
Treanor,elizabeth
Quit Claim Deed
—
Jul 5, 2005
$175,000
Martin K Smit
Treanor,elizabeth
Warranty Deed
—
—
—
Martin K Smit
—
Deed Of Trust
related
$32,500 · Albina Community 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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