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Property profile

2501 1st Ave Portland, OR 97201

OFF-MARKET
Office Spaces
Property ID
US71-1811316
71,460 SF 2.46 ac lot Built 1966
Last sale May 2023 · $10,373,737
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$172k
Tax billed · 2023
Assessed value$6.48M
Effective rate2.65%

Value estimate

· Oct 2026
$12.24M
$11.02M – $13.46M
CAP approach$14.84M
Submarket $/SF estimate$11.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$216/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$88 – $346

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?
C02D
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.4
Electrical Service8.6
Convenience Store8.2

Location

2501 1st Ave Portland, OR 97201-4724
County assessor Recorded deeds · 9 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
100 Market, Portland, OR 97201-5702 $13,750,000 Dec 2025 213,560 SF
2100 Riv, Portland, OR 97201-8009 $13,650,267 Jul 2023 192,541 SF
2300 1st, Portland, OR 97201-5047 $3,331,250 Jun 2023 36,721 SF
3025 Corbett, Portland, OR 97201-4858 $3,845,000 May 2023 18,226 SF
2145 Naito, Portland, OR 97201-5103 $3,650,000 Aug 2022 17,078 SF
1433 6th, Portland, OR 97201-3403 $619,900 Jun 2021 19,000 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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