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Property profile & analytics
OFF-MARKET
Estimated value
$7,935,000
Medical Office Space
9775 Wilshire St Portland, OR 97225-5067
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0163243
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
21,029 SF
Lot
0.72 ac (31,363 SF)
Zoning code
RC
APN
1S102CD-01600
UPID
US71-0163243
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
-
Jacobson Kristina J Spa & Massage Center Alternative Medicine Practice
-
Wilshire Surgery Center Medical Clinic Hospital
-
Siker Imaging West Medical Clinic
-
The Reger Group at Reger Homes, LLC Real Estate Agency
-
Rachel E. Streu, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.93M
Blend (final)
Blend
$7.94M
Owner & transaction history
Kaw Investments LLC · 17 yrs held
Kaw Investments LLC
since 2009
6 recorded transactions
Zoning & alternative use
RC · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.2M
+13.4%
Auto repair, garage
$6.4M
+1.1%
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
MEDICAL BUILDING
$6,350,000
Current use
RESTAURANT
$7,200,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,420,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$6,315,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$6,080,000
Change: -4% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,055,000
Change: -5% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,590,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$7.94M
Range $7.14M – $8.73M · ±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
$377 / 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
$70,457
Tax year 2023
Assessed value
$3,905,450
Assessed 2023
Previous assessed
$3,791,700
+3.0% YoY
Effective rate
1.80%
On assessed value
Land market value
$812,360
Improvement market value
$5,014,430
Total market value
$5,826,790
Applied tax rate
51.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Heating
NONE
Total area
21,029 SF
Lot
0.72 ac (31,363 SF)
Zoning code
RC
APN
1S102CD-01600
UPID
US71-0163243
Jurisdiction
WASHINGTON
Zoning & alternative use
RC · Portland, ORZoning RC · permitted uses
RC · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.4M
RESTAURANT
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$6.4M
RETAIL STORES
Est. value
$6.3M
OFFICE BUILDING
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.6M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2008
Heating
NONE
Lot
0.72 ac
Current owner
From public records · entity-resolved
Kaw Investments LLC
Entity
Mailing address
915 SW TORREY VW LN, PORTLAND, OR 97229
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2017
—
Kaw Investments LLC
—
Grant Deed
related
$4,212,000 · Umpqua Bk
May 8, 2009
—
Kaw Investments LLC
Cedar Hills Investments INC
Warranty Deed
$5,100,000 · Intervest Mortgage Co LLC
Apr 4, 2007
—
Kaw Investments LLC
Cedar Hills Investments INC
Trustees Deed
$5,100,000 · Intervest Mortgage Co LLC
Dec 1, 2006
$500,000
Cedar Hills Investments INC
Cedar Hills Investments INC
Warranty Deed
related
—
Dec 14, 2005
—
Cedar Hills Investments INC
—
Trustees Deed
related
$539,500 · Bay Bank
Nov 1, 1999
$270,000
Cedar Hills Investments LLC
Equilon Enterprises LLC
Grant Deed
$210,000 · Centennial 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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