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    31-53 1St Ave Portland, OR 97209

    • Office Properties & Spaces
    • 13,626 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 31-53 1St Ave

    Year built
    1875
    Property size
    13,626 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Office space

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.672
    Latitude
    45.5237

    Comparable in this City

    • Value Estimation by Request
      1 SF

      516 14Th Ave

      Office space • 1 SF
      516 14Th Ave, Portland, OR 97209
      View Details
    • Value Estimation by Request
      3,819 SF

      1211 Glisan St

      Office space • 3,819 SF
      1211 Glisan St, Portland, OR 97209
      View Details
    • Value Estimation by Request
      11,520 SF

      315 Davis St

      Office space • 11,520 SF
      315 Davis St, Portland, OR 97209
      View Details
    • Value Estimation by Request
      48,031 SF

      30 1St Ave

      Office space • 48,031 SF
      30 1St Ave, Portland, OR 97209
      View Details
    • Value Estimation by Request
      24,000 SF

      1321 Hoyt St

      Office space • 24,000 SF
      1321 Hoyt St, Portland, OR 97209
      View Details
    • Value Estimation by Request

      222-228 Davis St

      Office space
      222-228 Davis St, Portland, OR 97209
      View Details

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      Office space with light rail access and secure parking.
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    31-53 1St Ave
    Portland, OR 97209
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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
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