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Property profile

938 Cook St Portland, OR 97227

OFF-MARKET
Other investment properties
Property ID
US71-0023693
1,364 SF 0.04 ac lot Built 1910
Last sale Aug 2020 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This stand-alone restaurant/bar is located in the historic Mississippi Avenue area of North Portland and has an interior that was updated. The space includes a Type 1 10-foot cooking hood. It is configured with optional backyard seating and includes a basement with a walk-in refrigerator, prep area, and storage. The interior layout consists of a first-floor kitchen and dining room, along with a second-floor dining room. The total area is 679 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. 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?
$3k
Tax billed · 2023
Assessed value$109k
Effective rate2.65%

Value estimate

· Oct 2026
$470k
$423k – $517k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$288/SF
Submarket average, outlier-cleaned · 517 recorded sales of this use type
Observed band · Q1–Q3$178 – $432
Qualifying comparables8

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?
IG1
The General Industrial zones are two of the three zones that implement the Industrial Sanctuary map designation of the Comprehensive Plan...
General categoryINDUSTRIAL
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 Firm22.9
Dental Office22.2
Auto Parts Store22.2

Location

938 Cook St Portland, OR 97227-1505
County assessor Recorded deeds · 7 transfers 8 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3905 Vancouver, Portland, OR 97227-1433 $500,000 May 2025 2,954 SF
3952 Williams, Portland, OR 97227-1445 $820,000 Oct 2022 440 SF
2723-2725 Kerby, Portland, OR 97227 $304,000 Nov 2018 2,739 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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