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    1001 NW 23Rd Ave Portland, OR 97210

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    For Sale
    Contact for pricing

    Retail property functioning as a financial institution with high visibility.

    Property size:
    5,000 SF
    Lot size:
    0.12 Acres

    Property Features for 1001 NW 23Rd Ave

    General Information

    Size
    5,000 SF
    Lot size
    0.12 Acres

    Source: Apex Real Estate Partners Agent Nathan Oakley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Single Story Retail Property

    This single-story retail property, currently functioning as a financial institution, offers approximately 5,000 square feet of space with an additional 5,000 square feet below grade. The property benefits from excellent public transportation access and high foot traffic, providing great visibility and signage opportunities. Zoned Commercial Mixed Use 2 (CM2), the property has a base Floor Area Ratio (FAR) of 2.5:1, which can be increased to 4:1 with bonus provisions.
    Insight Report Location Intelligence

    Current Use by Public Records

    U.S. Bank-Michael Martin-Mortgage ... Mortgage Lender U.S. Bank Branch Bank U.S. Bank ATM Atm Mechanical Insulation Contracting Insulation Contractor

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6989265
    Latitude
    45.5299342

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    FAQs

    What type of property is this?
    Bank - Retail property functioning as a financial institution with high visibility.
    Where is this bank located?
    The property is located at 1001 NW 23Rd Ave Portland, OR.
    What are key features of this property?
    This property features: - Excellent public transportation access; - Great foot traffic and visibility with signage opportunity; - Commercial Mixed Use 2 (CM2) zoning
    (503) 595-2827
    Request Owner's contact information
    1001 NW 23Rd Ave Portland, OR 97210
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    Portland, OR 97210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 NW 23Rd Ave Portland, OR 97210
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