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Property profile

1011 Oak St Portland, OR 97214

OFF-MARKET
Warehouses
Property ID
US71-0556315
39,556 SF 0.92 ac lot Built 1960
Last sale Nov 2024 · $6,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 46,356-square-foot industrial flex building presents a rare opportunity in Portland, Oregon. Situated on a full city block in the desirable southeast area, this 1960-built property offers significant versatility. The building boasts 13-19 foot ceiling heights and ample power with 2200 amps of 120/240, 3-phase electricity. The entire 46,356 square feet is currently vacant, providing immediate occupancy for a single user or the potential for multiple tenants. The property…

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?
$66k
Tax billed · 2023
Assessed value$2.49M
Effective rate2.65%

Value estimate

· Nov 2026
$6.20M
$5.58M – $6.82M
AI approach$6.20M
CAP approach$4.64M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$229/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$193 – $309
Qualifying comparables4

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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.2
Optical Shop9.2
Florist8.6

Location

1011 Oak St Portland, OR 97214-1346
County assessor Recorded deeds · 2 transfers 4 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
910 7th, Portland, OR 97214-2302 $15,300,000 May 2024 93,793 SF
224 2nd, Portland, OR 97214-1004 $4,300,000 Oct 2023 15,600 SF
1201 3rd, Portland, OR 97214-3337 $7,400,000 Aug 2023 40,000 SF
715 9th, Portland, OR 97214-2208 $6,900,000 Jan 2023 39,388 SF
1105 Main, Portland, OR 97214-3665 $1,870,661 Jan 2023 10,000 SF
316 Madison, Portland, OR 97214-3318 $1,700,000 Oct 2022 20,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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