Financial
Distress signals
Property profile

2151 NW Savier St Portland, OR 97210

FOR LEASE
Other office properties
Property ID
US71-0885166
129,148 SF 1.06 ac lot Built 1988
Last sale Jun 2018 · $34,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office space associated with a fitness-focused concept, located within walking distance of more than 100 shops and restaurants along NW 23rd Avenue. It is situated near the boundary between the Pearl District and the Northwest District, within an area that has extensive ongoing mixed-use development supporting a live/work/play environment. The property comprises approximately 120,729 square feet.

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?
$356k
Tax billed · 2023
Assessed value$13.46M
Effective rate2.65%

Value estimate

· Sep 2026
$34.24M
$30.81M – $37.66M
CAP approach$26.83M
Submarket $/SF estimate$34.47M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$333/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$267 – $440

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?
EX
This zone implements the Central Employment map designation of the Comprehensive Plan. The zone allows mixed uses and is intended for are...
General categoryMIXED_USE
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 Service12.0
Daycare Center10.0
Shoe Repair8.8

Location

2151 NW Savier St Portland, OR 97210
County assessor Recorded deeds · 6 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2175 Raleigh, Portland, OR 97210-2391 $41,000,000 Sep 2023 138,932 SF
2233 23rd, Portland, OR 97210-2334 $390,000 Apr 2023 7,947 SF
3200 Yeon, Portland, OR 97210-1524 $10,650,000 Dec 2021 21,225 SF
933 25th, Portland, OR 97210-2829 $2,500,000 Sep 2021 8,800 SF
2275 Burnside, Portland, OR 97210-3541 $3,500,000 Mar 2021 6,633 SF
1319 22nd, Portland, OR 97210 $7,000,000 Feb 2020 26,924 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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