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    238 Powell Blvd Gresham, OR 97030

    • Office Properties & Spaces
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 238 Powell Blvd

    Year built
    2024
    Property type
    Office Properties & Spaces
    Property subtype
    Live-work space

    Description

    This exceptional new 2024-built live/work property in downtown Gresham offers two available units ranging from 919 to 1,036 square feet. Located at 238 & 242 E Powell Blvd, Multnomah County, Oregon (zip code 97030), this property boasts a prime location on the E. Powell bus line, providing easy access to public transportation. The office space is situated on the main level, directly facing E. Powell Blvd, and includes a full bathroom and a private entrance. One unit features convenient access to a separate living space via a community courtyard. The building features a beautifully landscaped community courtyard complete with terraced bench seating, freestanding seating areas, and BBQ grills, creating a welcoming and vibrant atmosphere. This unique opportunity allows for seamless integration of work and living, all under one lease. The building is a multi-tenant property and does not include elevators. This is an ideal solution for those seeking a blend of urban convenience and community charm. Don't miss this chance to secure your space in this brand-new, centrally located Gresham building.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.434
    Latitude
    45.4973

    Comparable in this City

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      4,320 SF

      1005 Main Ave

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    • Value Estimation by Request
      1,056 SF

      820 Powell Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,056 SF
      820 Powell Blvd, Gresham, OR 97030-7618
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    • Value Estimation by Request
      1,008 SF

      2710 182nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,008 SF
      2710 182nd Ave, Gresham, OR 97030-5013
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    • Value Estimation by Request
      1,534 SF

      2550 Burnside Ct

      OFFICE/RESIDENTIAL (MIXED USE) • 1,534 SF
      2550 Burnside Ct, Gresham, OR 97030-3536
      View Details
    • Value Estimation by Request
      1,446 SF

      323 Powell Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,446 SF
      323 Powell Blvd, Gresham, OR 97030-7050
      View Details
    • Value Estimation by Request
      2,528 SF

      532 Main Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,528 SF
      532 Main Ave, Gresham, OR 97030-7236
      View Details

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    238 Powell Blvd
    Gresham, OR 97030
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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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