Financial
Distress signals
Property profile

2035 Frnt Ave Portland, OR 97209

OFF-MARKET
Other office properties
Property ID
US71-0407537
297,751 SF 2.43 ac lot Built 2019
Last sale Apr 2019 · $118,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 9,473-square-foot office space within a LEED Platinum-rated sustainable building. The building amenities include a fitness center with a yoga studio, a bike commuter lounge with a repair station and showers/lockers, and bike support infrastructure on campus. Private outdoor terraces are provided on every floor, along with a communal rooftop deck. Parking is supported by a secure garage with stacked valet parking capacity of 1.28 spaces per 1,000 square feet, with additional surface parking…

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.

Mortgages

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?
$1.07M
Tax billed · 2023
Assessed value$40.44M
Effective rate2.65%

Value estimate

· Sep 2026
$70.36M
$63.32M – $77.39M
Submarket $/SF estimate$70.35M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$333/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$214 – $443

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?
EXD
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.5
Watch Repair Shop8.9
Laundromat8.7

Location

2035 Frnt Ave Portland, OR 97209-2177
County assessor Recorded deeds · 4 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
300 14th, Portland, OR 97209-2604 $3,600,000 Dec 2025 36,800 SF
1331 Lovejoy, Portland, OR 97209-2799 $2,500,000 May 2025 140,529 SF
208 5th, Portland, OR 97209-4069 $6,900,000 Mar 2025 20,000 SF
1414 Northrup, Portland, OR 97209-2790 $28,000,000 Jan 2025 191,466 SF
205 4th, Portland, OR 97209-3805 $4,650,000 Jun 2024 30,000 SF
220 8th, Portland, OR 97209-3503 $9,000,000 Jul 2019 69,617 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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