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Property profile & analytics
OFF-MARKET
Commercial real estate
Lake Oswego, OR 97034
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US71-1094252
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1999
Lot
0.04 ac (1,541 SF)
Zoning code
EC
APN
21E03DC07300
UPID
US71-1094252
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
Morton Properties I LLC · 13 yrs held
Morton Properties I LLC
since 2013
7 recorded transactions
Zoning & alternative use
EC · Oswego, 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 Oswego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oswego 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
$7,109
Tax year 2023
Assessed value
$370,138
Assessed 2023
Previous assessed
$359,358
+3.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$92,717
Improvement market value
$552,900
Total market value
$645,617
Applied tax rate
7.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1999
Heating
NONE
Lot
0.04 ac (1,541 SF)
Zoning code
EC
APN
21E03DC07300
UPID
US71-1094252
Jurisdiction
CLACKAMAS
Zoning & alternative use
EC · Oswego, OR
Zoning EC · permitted uses
EC · Oswego, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oswego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Lot
0.04 ac
Current owner
From public records · entity-resolved
Morton Properties I LLC
Entity
Mailing address
6901 SE MILWAUKIE AVE #208, PORTLAND, OR 97202-5716
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2020
—
Morton Properties I LLC
—
Deed
related
$1,200,000 · Columbia St Bk
Jan 14, 2013
—
Morton Properties I LLC
Morton Properties LLC
Quit Claim Deed
—
Jul 7, 2009
—
Morton Properties I LLC
—
Trustees Deed
related
$250,000 · Irwin Leitgeb & Lionpride LLC
Oct 14, 2008
—
Oswego Investors LLC
—
Trustees Deed
related
$200,000 · Clunas Funding Group INC
Oct 20, 2006
—
Morton Properties LLC
—
Trustees Deed
related
$700,000 · Clunas Funding Group INC
Jul 6, 1999
—
Morton Properties LLC
Fifth Street LLC
Grant Deed
$600,000 · West Coast Bank
—
—
Morton Properties I LLC
—
Deed Of Trust
related
$700,000 · Bank Of Oswego
—
—
Morton Properties I LLC
—
Deed Of Trust
related
$875,000 · West Coast Bank
—
—
Morton Properties I LLC
—
Deed Of Trust
related
$950,000 · Bank Of Oswego
—
—
Morton Properties I LLC
—
Deed Of Trust
related
$700,000 · Bank Of Oswego
—
—
Morton Properties I LLC
—
Deed Of Trust
related
$950,000 · Bank Of Oswego
—
—
Morton Properties I LLC
—
Loan Modification
related
$1,200,000 · Columbia St Bk
—
—
Morton Properties LLC
—
Deed Of Trust
related
$290,000 · Columbia St Bk
—
—
Morton Properties LLC
—
Deed Of Trust
related
$600,000 · Community Financial INC
—
—
Morton Properties LLC
—
Deed Of Trust
related
$50,000 · West Coast Bank
—
—
Morton Properties I LLC
—
Deed Of Trust
related
$325,000 · Bank Of Oswego
—
—
Morton Properties I LLC
—
Deed Of Trust
related
$950,000 · Bank Of Oswego
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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