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Financial
Distress signals
Property profile

557 Phoenix Dr Troutdale, OR 97060

OFF-MARKET
Turn key restaurants
Property ID
US71-0116598
3,931 SF 0.92 ac lot Built 1991
Last sale Oct 2025 · $1,775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,931-square-foot Shari's restaurant in Troutdale, Oregon. Located on a substantial 0.94-acre lot (41,014 sq ft), this single-tenant, triple-net (NNN) leased property boasts a strong net operating income (NOI) of $176,029. The property, originally constructed in 1994, benefits from its strategic location just one block from the Columbia Gorge Outlets, placing it amidst a vibrant retail environment. Neighboring businesses include prominent…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.29M
Effective rate1.85%

Value estimate

· Oct 2026
$2.61M
$2.34M – $2.87M
Submarket $/SF estimate$1.97M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$358/SF
County average, outlier-cleaned · 95 recorded sales of this use type
Observed band · Q1–Q3$218 – $500
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GC
GC General Commercial 3.312 Industrial Districts 3.400 IP Industrial Park 3.450 LI Light Industrial 3.460 GI General Industrial 3.470 Oth...
General categoryCOMMERCIAL
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.9
Realty agency16.3
Dental Office16.1

Location

557 Phoenix Dr Troutdale, OR 97060-9528
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
302 Hist Columbia Riv, Troutdale, OR 97060 $850,000 Oct 2023 4,975 SF
1110 Wood Vlg, Wood Village, OR 97060-2668 $1,400,000 May 2021 7,551 SF
24697 Stark, Troutdale, OR 97060-3355 $900,000 May 2020 1,350 SF
2602 238th, Wood Village, OR 97060-1012 $2,675,000 Jan 2020 2,854 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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