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Retail Property at Stark & Burnside
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19010 SE Stark St, Portland, OR 97233

Retail property with high visibility at a signalized intersection.

Property Size5,400 SF
Price / SF$202.78
Days on Market436

Property Features for 19010 SE Stark St

General Information

Standard status Active
Size 5,400 SF
Property subtype Retail
Listing Agency: Kin Properties Inc
Listed By: Jeff Ross · License #FL
Source: Crexi
Added: May 23, 2025 Changed: Jul 6 Last Checked: Jul 31 at 4:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kin Properties Inc

Investment Insights

Based on property information with market context.

This retail property is located at the signalized intersection of Stark Street and Burnside Street. The property benefits from excellent visibility and signage opportunities. Traffic volume at the intersection is approximately 36,000 vehicles per day. The property is currently operated as a meat market.

Key Highlights

  • Signalized intersection at Stark & Burnside St.
  • Excellent visibility
  • 36K VPD (Vehicles Per Day)

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $103.7k $19.20
− Vacancy −$6.7k −$1.25
EGI $96.9k $17.95
− OpEx −$24.2k −$4.49
NOI $72.7k $13.46
5,400 SF · lease $19.20/SF/yr · vacancy 6.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.04M
$908.8K – $1.21M (±1% cap)
NOI $72,706 @ 7.0% cap · market cap 6.64%
Second Best
Retail
$899.1K
$786.7K – $1.05M (±1% cap)
NOI $62,937 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,152 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

International Halal Market Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

884
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 30%
Jack in the Box Dining
8,228 visits/mo 0.1 miles
7-Eleven Shops & Services
5,878 visits/mo 0.3 miles
El Cazador Dining
5,252 visits/mo 0.1 miles

Demographics for 97233, OR

41,625
Population
14,844
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
9,049
Density / Sq Mi
$54,886
Median Household Income
$37,216
Median Earnings
$1,352
Median Rent
$385,100
Median Home Value

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Becerras International Grocery — 18929 E Burnside St, Portland, OR 97233
  • Albertsons — 451 NE 181st Pl, Portland, OR 97230

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Retail property with high visibility at a signalized intersection.
Where is this grocery and convenience store located?
The property is located at 19010 SE Stark St Portland, OR.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Signalized intersection at Stark & Burnside St.; Excellent visibility; 36K VPD (Vehicles Per Day)
More about this property
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