Financial
Distress signals
Property profile

12540 68th Ave Portland, OR 97223

OFF-MARKET
Other office properties
Property ID
US71-0596307
3,785 SF 0.29 ac lot
Last sale Apr 2022 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding office building located in the Tigard Triangle submarket in the northeast corner of Tigard, east of Downtown Tigard, bordered by Highway 99W (Pacific Highway), Highway 217, and Interstate 5. The building is divided into two leasable suites (Suite A and Suite B), with a portion of the building capable of being delivered vacant. Suite A has been operated as a dental office, and Suite B has been operated as executive and medical office space. The building underwent…

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?
$11k
Tax billed · 2023
Assessed value$599k
Effective rate1.76%

Value estimate

· Sep 2026
$1.67M
$1.50M – $1.84M
Submarket $/SF estimate$1.30M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$290/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$176 – $408
Qualifying comparables4

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?
TMU
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.6
Laundry Service10.2
Barber Shop10.1

Location

12540 68th Ave Portland, OR 97223-8597
County assessor Recorded deeds · 8 transfers 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12420 Main, Portland, OR 97223-6110 $355,000 Oct 2024 2,918 SF
12005 70th, Portland, OR 97223-9634 $1,550,000 Jun 2024 3,013 SF
11670 67th, Portland, OR 97223-8576 $155,000 Dec 2023 4,752 SF
9397 Locust, Portland, OR 97223-6632 $1,180,000 Sep 2023 2,803 SF
12587 68th, Portland, OR 97223-8510 $2,200,000 Nov 2021 4,505 SF
12720 Pacific, Portland, OR 97223-6125 $1,123,000 Sep 2021 5,188 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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