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Financial
Distress signals
Property profile

10234 NE Glisan St Portland, OR 97220

FOR LEASE
Retail space
Property ID
US71-0097492
3,440 SF 0.18 ac lot Built 1949
Last sale Jul 2026 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,440 square foot vacant storefront, located at 10234 NE Glisan Street in Portland, Oregon, presents a compelling investment or owner-user opportunity. Situated on a 0.18-acre lot in the Gateway Plan District, this Class C retail property boasts a high-visibility corner location at a signalized intersection of NE 102nd and Glisan Streets. The property benefits from its proximity to major retailers within 0.3 miles and convenient access to I-205 and I-84. Built in 1949, the…

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.

Debts

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?
$7k
Tax billed · 2023
Assessed value$310k
Effective rate2.31%

Value estimate

· Oct 2026
$275k
$248k – $303k
Submarket $/SF estimate$1.05M
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$5k
Operating expenses−$17k
NOI · 222,738.89% cap applied$40k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
222,738.89%
$40k 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?
CX
The Central Commercial (CX) zone is intended to provide for commercial and mixed use development within Portland's most urban and intense...
General categoryMIXED_USE
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 Firm15.5
Electrical Service12.0
Bakery11.3

Location

10234 NE Glisan St Portland, OR 97220
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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1015 82nd, Portland, OR 97220-5806 $2,050,000 Jul 2024 6,000 SF
11150 Weidler, Portland, OR 97220-1985 $1,237,500 Oct 2022 3,196 SF
11104 Sandy, Portland, OR 97220-2554 $1,025,000 Aug 2022 5,220 SF
10320 Halsey, Portland, OR 97220-3953 $930,000 May 2021 5,305 SF
11904 Halsey, Portland, OR 97220-2037 $1,700,000 Jan 2020 3,479 SF
10402-1040 Sandy, Portland, OR 97220 $445,000 Oct 2018 2,924 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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