Financial
Distress signals
Property profile

8705 SE Foster Rd Portland, OR 97266

FOR SALE
Auto shops
Property ID
US71-0451804
1,568 SF 0.19 ac lot Built 1948
Last sale Jul 2022 · $550,000
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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8705 SE Foster Rd, Portland, OR 97266 For Sale
$800,000 1,568 SF
8705 SE Foster Rd, Portland, OR 97266
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Property summary

AI-generated overview

This property is an auto body shop and repair/fabrication workspace located on the corner of Foster Rd and 87th Ave, zoned CM2. It includes a fenced 0.19-acre lot with secure on-site parking capacity for more than eight average-size vehicles (not including street and driveway parking). The shop configuration supports automotive repair and fabrication workflows, including an installed paint booth and related painting, welding, and framing tools and equipment. The facility is positioned with proximity to the 205 freeway for convenient transportation access.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$3k
Tax billed · 2023
Assessed value$125k
Effective rate2.65%

Value estimate

· Sep 2026
$485k
$437k – $534k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 4.03% cap applied$32k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$252/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$173 – $413

Cap rate analysis

How does the asset earn?
4.03%
$32k 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?
CG
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 Firm20.7
Realty agency16.9
Electrical Service11.5

Location

8705 SE Foster Rd Portland, OR 97266
County assessor Recorded deeds · 1 transfer 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2937 82nd, Portland, OR 97266-1506 $850,000 Jul 2025 1,858 SF
9949 Powell, Portland, OR 97266-1808 $44,450 May 2025 2,400 SF
8658 Division, Portland, OR 97266-1555 $600,000 May 2024 2,844 SF
10635 Henry, Portland, OR 97266-4223 $300,000 Jun 2022 1,920 SF
6724 82nd, Portland, OR 97266-5802 $110,000 Dec 2021 2,560 SF
10402 Holgate, Portland, OR 97266-2347 $575,000 Jun 2021 2,016 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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