Financial
Distress signals
Property profile

88 NW Murray Blvd Portland, OR 97229

FOR SALE
Retail space
Property ID
US71-0518966
2,014 SF 0.13 ac lot
Last sale Jan 2005 · $60,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 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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Property summary

AI-generated overview

This exceptional mixed-use property, located at 88 NW Murray Blvd in Portland, Oregon, presents a lucrative investment opportunity. The building, constructed in 2007, boasts a total of 2,034 square feet, perfectly divided into 1,017 square feet of retail space on the ground floor and an equal amount of office space on the second floor. Currently operating at 100% occupancy, this property offers immediate cash flow. Situated on a 0.13-acre lot (APN R0636805), the building benefits from high…

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?
$4k
Tax billed · 2023
Assessed value$232k
Effective rate1.80%

Value estimate

· Sep 2026
$790k
$711k – $869k
Submarket $/SF estimate$789k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$5k
Operating expenses−$16k
NOI · 2.76% cap applied$27k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$300/SF
Submarket average, outlier-cleaned · 315 recorded sales of this use type
Observed band · Q1–Q3$178 – $430
Qualifying comparables7

Cap rate analysis

How does the asset earn?
2.76%
$27k 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?
NC
JurisdictionWASHINGTON

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 Firm15.7
Furniture Store9.7
Kitchen & Bath9.7

Location

88 NW Murray Blvd Portland, OR 97229
County assessor Recorded deeds · 5 transfers 7 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12860 Cornell, Portland, OR 97229-5814 $960,000 Sep 2025 3,192 SF
13370 Cornell, Portland, OR 97229-5818 $140,000 Mar 2024 2,972 SF
9700 Cornell, Portland, OR 97229-5298 $290,000 Aug 2023 No data
13545 Science Park, Portland, OR 97229-5456 $2,800,000 Sep 2021 9,764 SF
18215 Nww Un, Portland, OR 97229-2139 $1,000,000 Dec 2019 4,318 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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