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Property profile & analytics
OFF-MARKET
Auto shops
9220-9224 Peninsular Ave Portland, OR 97217
Individually Owned
2-yr Hold
Free & Clear
Property ID
US71-0619680
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1991
Total area
2,800 SF
Lot
0.34 ac (15,000 SF)
Zoning code
IH
APN
1N1E09BA 00500
UPID
US71-0619680
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
Gregory S Arntson · 2 yrs held
Gregory S Arntson
since 2024
Last sale
$325,000
7 recorded transactions
Zoning & alternative use
IH · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone is one of the three zones that implement the Industrial Sanctuary map designation of the Comprehensive Plan. The zone provides areas where all kinds of industries may locate including those not desirable in other zones due to their objectionable impacts or appearance
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
7,857.88 ac
Source
Realmo
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
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
$5,982
Tax year 2023
Assessed value
$225,750
Assessed 2023
Previous assessed
$225,750
+0.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$281,700
Improvement market value
$745,010
Total market value
$1,026,710
Applied tax rate
710.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1991
Heating
YES
Buildings
3
Stories
1
Bathrooms
1
Total area
2,800 SF
Lot
0.34 ac (15,000 SF)
Zoning code
IH
APN
1N1E09BA 00500
UPID
US71-0619680
Jurisdiction
MULTNOMAH
Zoning & alternative use
IH · Portland, ORZoning IH · permitted uses
IH · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone is one of the three zones that implement the Industrial Sanctuary map designation of the Comprehensive Plan. The zone provides areas where all kinds of industries may locate including those not desirable in other zones due to their objectionable impacts or appearance
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
7,857.88 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1991
Heating
YES
Stories
1
Buildings
3
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Gregory S Arntson
Individual
Free & Clear · 2 yrs held
Mailing address
300 W 8TH ST UNIT #324, VANCOUVER, WA 98660-3438
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2024
—
Gregory S Arntson
Gregory S Arntson
Intrafamily Transfer
related
—
Nov 24, 2010
$325,000
Gregory S Arntson
National Ln Acquisitions Co
Warranty Deed
—
Jun 10, 2010
$283,632
National Ln Acquisitions Co
Carter Don G
Trustees Deed
related
—
Apr 13, 2007
$296,000
James C Curtis
Canby Business Park LLC
Warranty Deed
$225,000 · Canby Business Park LLC
Mar 7, 2007
$222,000
Canby Business Park LLC
Beaver Equipment Invs LLC
Warranty Deed
—
Oct 8, 2003
—
Beaver Equipment Investments
Herr,michael J
Quit Claim Deed
related
—
—
—
Beaver Equipment Investments
—
Deed Of Trust
related
$150,000 · Bank Of Salem
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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