Realmo Analytics

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Financial
Distress signals
Property profile

8223 N Decatur St Portland, OR 97203

FOR SALE
Warehouses
Property ID
US71-0191445
9,501 SF 0.67 ac lot Built 1975
Last sale Aug 2024 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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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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?
$12k
Tax billed · 2023
Assessed value$441k
Effective rate2.65%

Value estimate

· Oct 2026
$1.35M
$1.22M – $1.49M
AI approach$1.35M
CAP approach$1.12M
Submarket $/SF estimate$1.52M
NOI build-up
Gross scheduled income$91k
Vacancy & credit loss−$6k
Operating expenses−$13k
NOI · 4.03% cap applied$72k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
Submarket average, outlier-cleaned · 200 recorded sales of this use type
Observed band · Q1–Q3$136 – $309
Qualifying comparables6

Cap rate analysis

How does the asset earn?
4.03%
$72k 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?
EG2
The General Employment zones implement the Mixed Employment map designation of the Comprehensive Plan. The zones allow a wide range of em...
General categoryINDUSTRIAL
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
Law Firm12.6
Nail Salon10.4

Location

8223 N Decatur St Portland, OR 97203
County assessor Recorded deeds · 13 transfers 6 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
10405 Macrum, Portland, OR 97203-6105 $1,275,000 Jul 2024 14,180 SF
7024 Richards, Portland, OR 97203-6126 $800,000 Mar 2022 6,156 SF
10771 Wi N Lombard, Portland, OR 97203 $1,500,000 Oct 2021 15,079 SF
7909 Upland, Portland, OR 97203-6140 $4,200,000 Apr 2021 7,441 SF
5921 Marine, Portland, OR 97203-6464 $2,300,000 Feb 2021 15,148 SF
8400 Kellogg, Portland, OR 97203-3720 $1,100,000 Mar 2019 7,500 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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