Financial
Distress signals
Property profile

3757 Se Hawthorne Blvd Portland, OR 97214

FOR LEASE
Other office properties
Property ID
US71-0043707
2,580 SF 0.14 ac lot Built 1952
Last sale Jan 2024 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A coffee shop sublease space of approximately 450 square feet is located within an approximately 2,500-square-foot building. The space is positioned at a corner location, providing visibility and pedestrian traffic exposure. Basement storage is available to support the operation. The unit is situated within an active tap room environment that includes a curated mix of food carts. The property includes on-site uses that support activity throughout the day, from morning coffee to evening activity.

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$432k
Effective rate2.65%

Value estimate

· Sep 2026
$550k
$495k – $605k
AI approach$550k
CAP approach$535k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 96,171.43% cap applied$34k

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

Recently sold

What actually traded nearby?
$290/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$213 – $415
Qualifying comparables8

Cap rate analysis

How does the asset earn?
96,171.43%
$34k 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?
CS
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service14.1
Dental Office11.0
Convenience Store10.8

Location

3757 Se Hawthorne Blvd Portland, OR 97214
County assessor Recorded deeds · 5 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1025 Morrison, Portland, OR 97214-2416 $930,000 Jul 2024 2,280 SF
3418 Belmont, Portland, OR 97214-4247 $765,000 Mar 2024 1,777 SF
1939 Burnside, Portland, OR 97214-1535 $2,700,000 Mar 2023 3,290 SF
212 18th, Portland, OR 97214-1510 $1,739,000 Feb 2023 2,214 SF
1910 11th, Portland, OR 97214-4707 $1,035,000 Jul 2020 2,560 SF
523 9th, Portland, OR 97214-2233 $1,600,000 Dec 2019 2,578 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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