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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
8514 Stark St Portland, OR 97216-1140
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US71-1872175
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1923
Total area
2,688 SF
Lot
0.11 ac (4,800 SF)
Zoning code
CS
APN
1S2E04BB 13200
UPID
US71-1872175
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
-
Desiree Guzman Counselor
-
Jenny Boyce Counseling Counselor
-
Audrianna J. Gurr, LPC Counselor Mental Health Service
-
Krystee Sidwell, LMT Alternative Medicine Practice Spa & Massage Center
-
Kit Murray, LCSW Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$512k
Blend (final)
Blend
$510k
Owner & transaction history
Stark House LLC · 13 yrs held
Stark House LLC
since 2013
7 recorded transactions
Zoning & alternative use
CS · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$820,000
+6.0%
Medical building
$810,000
+4.9%
Retail stores
$805,000
+4.3%
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)
$775,000
Current use
AUTO REPAIR, GARAGE
$820,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$810,000
Change: +5% · Conversion: Easy
RETAIL STORES
$805,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$775,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$190 / 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
$5,867
Tax year 2023
Assessed value
$221,400
Assessed 2023
Previous assessed
$214,960
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$222,500
Improvement market value
$386,760
Total market value
$609,260
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1923
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,688 SF
Lot
0.11 ac (4,800 SF)
Zoning code
CS
APN
1S2E04BB 13200
UPID
US71-1872175
Jurisdiction
MULTNOMAH
Zoning & alternative use
CS · Portland, OR
Zoning CS · permitted uses
CS · 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
$775,000
AUTO REPAIR, GARAGE
Est. value
$820,000
MEDICAL BUILDING
Est. value
$810,000
RETAIL STORES
Est. value
$805,000
OFFICE BUILDING
Est. value
$775,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1923
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Stark House LLC
Entity
Mailing address
8514 SE STARK ST, PORTLAND, OR 97216-1140
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2013
—
Stark House LLC
Mcelwee,pamela J
Warranty Deed
—
Jul 26, 2012
$192,000
Pamela Jo Mcelwee
Hatch Investments LLC
Warranty Deed
$153,600 · Wells Fargo Bank NA
Feb 9, 2010
$180,000
Hatch Investments LLC
Mishchuk,sergey
Warranty Deed
—
Jun 22, 2007
$315,000
Sergey Mishchuk
Renee M Serface
Warranty Deed
$252,000 · Jpmorgan Chase Bank NA
Aug 29, 2003
$169,950
Renee Serface
Johnson,marsha R
Grant Deed
$135,960 · Wells Fargo Home Mortgage INC
May 17, 1994
$77,500
Marsha R Johnson
Harold W Shumway
Grant Deed
$73,600 · Keycorp Mortgage INC
—
—
Marsha R Johnson
—
Deed Of Trust
related
$90,000 · Bank Of America
—
—
Justin T Serface
—
Deed Of Trust
related
$50,000 · Ron Symons
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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