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Financial
Distress signals
Property profile

9225 SW Allen Blvd Portland, OR 97223

FOR LEASE
Turn key restaurants
Property ID
US71-1890163
7,008 SF 0.88 ac lot Built 1979
Last sale Apr 2023 · $1,580,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
9225 SW Allen Blvd, Portland, OR 97223 For Lease 1 / 2
Contact for pricing 850 SF available
9225 SW Allen Blvd, Portland, OR 97223
View Listing

Property summary

AI-generated overview

The property is zoned for Neighborhood Services (NS) and presents long-term development potential, including multi-family development. It is configured with three points of ingress/egress for vehicular access. A roundabout was constructed at the corner of SW 92nd and SW Allen Blvd, adjacent to the property’s access points. The building includes a commercial kitchen, an upstairs event space, and an outdoor patio area. In 2023, the commercial kitchen and the upstairs event space were fully remodeled. The property comprises approximately 8,100 square feet.

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?
$26k
Tax billed · 2023
Assessed value$1.24M
Effective rate2.07%

Value estimate

· Oct 2026
$1.78M
$1.60M – $1.96M
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 550,150.00% cap applied$11k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$342/SF
Submarket average, outlier-cleaned · 94 recorded sales of this use type
Observed band · Q1–Q3$193 – $494

Cap rate analysis

How does the asset earn?
550,150.00%
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NS
JurisdictionWASHINGTON

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 Firm21.8
Dental Office19.7
Hair Salon17.9

Location

9225 SW Allen Blvd Portland, OR 97223
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12040 Main, Portland, OR 97223-6218 $1,750,000 Feb 2025 8,700 SF
10120 Hall, Portland, OR 97223-8866 $1,750,000 Oct 2023 11,392 SF
12979 Pacific, Portland, OR 97223-5032 $46,300 Aug 2022 10,200 SF
11445 Pacific, Portland, OR 97223-8627 $45,000 Aug 2022 5,446 SF
11674 Pacific, Portland, OR 97223-8675 $20,279 Aug 2022 9,520 SF
11415 Pacific, Portland, OR 97223-8650 $32,600 Jul 2022 8,428 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

Comparable nearby

  • Value Estimation by Request
    7,550 SF
    11760 Hall Blvd
    FINANCIAL BUILDING
    11760 Hall Blvd, Portland, OR 97223-8473
    View Details
  • Value Estimation
    $2,660,000
    6,180 SF
    12531 Hall Blvd
    RETAIL STORES (PERSONAL SERVICES)
    12531 Hall Blvd, Portland, OR 97223-6215
    View Details
  • Value Estimation
    $1,905,000
    4,423 SF
    10075 Cascade Ave
    RETAIL STORES (PERSONAL SERVICES)
    10075 Cascade Ave, Portland, OR 97223-4326
    View Details
  • Value Estimation
    $1,570,000
    3,250 SF
    11477 Pacific Hwy
    RESTAURANT
    11477 Pacific Hwy, Portland, OR 97223-8627
    View Details
  • Value Estimation
    $4,365,000
    17,516 SF
    12950 Pacific Hwy Ste, Unit 295
    RETAIL STORES (PERSONAL SERVICES)
    12950 Pacific Hwy Ste, Portland, OR 97223-5052
    View Details
  • Value Estimation
    $1,380,000
    2,796 SF
    11437 Pacific Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD
    11437 Pacific Hwy, Portland, OR 97223
    View Details

Similar Nearby for Sale

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  • Contact for pricing
    6,980 SF
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    Multi-tenant retail property with 66% occupancy and additional building potential.
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  • New
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    Retail space in high-traffic Tigard location near major retailers.
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    View Details
  • Contact for pricing
    8,760 SF
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    Retail property offering 24 parking spaces and Hwy 99W frontage with a curb cut.
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  • New
    Contact for pricing
    9,950 SF
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    Fully leased single-story building with retail and office tenants, positioned in an Opportunity Zone and MU-CBD zoning.
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  • New
    $1,000,000
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    Updated finishes support flexible office and professional-service occupancy, with retail use potential subject to permitted-use verification.
    12290 SW Main St, Portland, OR 97223
    View Details

Similar Nearby for Lease

  • Contact for pricing
    Office/Retail Space in Tigard
    Office/retail space with parking, loading door, and great visibility.
    11960 SW Pacific Hwy, Tigard, OR 97223
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  • New
    Contact for pricing
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    Second generation deli space for lease in central Tigard.
    12085 SW Hall Blvd, Portland, OR 97223
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  • New
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    3,500 sqft
    Shopping Center Retail Space
    Retail space with direct access to major shopping activity and Hwy 217.
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  • New
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    2,500 sqft
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  • New
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    1,689 sqft
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    The available suite is part of a fully occupied shopping center with a 7-Eleven anchor and on-site parking.
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    View Details
  • Contact for pricing
    1,680 sqft
    Commercial Lease
    Shopping centers · 1,680 SF
    B-2-13185 Sw Pacific Hwy, Portland, OR 97223
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