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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Drive through restaurants
9785 Shady Ln Portland, OR 97223-5434
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0937729
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2015
Total area
1,780 SF
Lot
0.45 ac (19,602 SF)
Zoning code
MUC
APN
1S135BD-00200
UPID
US71-0937729
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
-
Starbucks Cafe & Coffee Shop
-
Parking lot Parking
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$879k
Blend (final)
Blend
$880k
Owner & transaction history
9785 Sw Shady Lane LLC · 11 yrs held
9785 Sw Shady Lane LLC
since 2015
5 recorded transactions
Zoning & alternative use
MUC · Portland, 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 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
RESTAURANT
$610,000
Current use
AUTO REPAIR, GARAGE
$545,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$540,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$535,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$494 / 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
$9,948
Tax year 2023
Assessed value
$565,140
Assessed 2023
Previous assessed
$548,680
+3.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$604,540
Improvement market value
$837,110
Total market value
$1,441,650
Applied tax rate
23.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2015
Heating
NONE
Total area
1,780 SF
Lot
0.45 ac (19,602 SF)
Zoning code
MUC
APN
1S135BD-00200
UPID
US71-0937729
Jurisdiction
WASHINGTON
Zoning & alternative use
MUC · Portland, OR
Zoning MUC · permitted uses
MUC · 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
RESTAURANT Current
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$545,000
MEDICAL BUILDING
Est. value
$540,000
RETAIL STORES
Est. value
$535,000
RESTAURANT Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2015
Heating
NONE
Lot
0.45 ac
Current owner
From public records · entity-resolved
9785 Sw Shady Lane LLC
Entity
Mailing address
1800 SW 1ST AVE STE #220, PORTLAND, OR 97201-5326
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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 7, 2023
—
9785 Sw Shady Lane LLC
—
Deed
related
$500,000 · First Republic Bank
May 20, 2015
$1,828,571
9785 Sw Shady Lane LLC
Maj Sbux Tigard LLC
Warranty Deed
$900,000 · First Republic Bank
Dec 12, 2014
$578,000
Maj Sbux Tigard LLC|nlcs LLC
Nored,stanley D & Audene C
Grant Deed
$1,180,000 · Columbia Cu
Jan 3, 2006
$630,000
Stanley D Nored
Huggins,donald L & Marlene R
Warranty Deed
$500,000 · Donald L & Marlene R Huggins
—
—
Playpros INC
—
Deed Of Trust
related
$400,700 · Rainbow Play Systems INC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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