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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10275 Park Way Portland, OR 97225-5009

    • Gas stations
    • 2,199 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0431150
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Shell / Gas Station
    • Napa Auto Care Center / Auto Repair Shop / Vehicle Inspection Center
    • Kevin's Auto Care / Auto Repair Shop

    Property Details for 10275 Park Way

    Lot size
    0.41 lot acres
    Property size
    2,199 SF
    Zone code
    BUS
    Property type
    Gas stations
    APN
    1S102CC-01100
    APU
    1S102CC01100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.782
    Latitude
    45.5088
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,854
    $0.00
    $0.00
    $379,930
    -
    $526,660
    $58,170
    $584,830

    Comparable in this City

    • Value Estimation by Request
      100 SF

      10415 Park Way

      GAS STATION • 100 SF
      10415 Park Way, Portland, OR 97225-5201
      View Details
    • Value Estimation by Request
      1,585 SF

      8715 Cyn Rd

      GAS STATION • 1,585 SF
      8715 Cyn Rd, Portland, OR 97225-3413
      View Details
    • Value Estimation by Request
      1,534 SF

      7200 Beaverton Hillsdale Hwy

      GAS STATION • 1,534 SF
      7200 Beaverton Hillsdale Hwy, Portland, OR 97225-2008
      View Details
    • Value Estimation
      $1,865,000
      7,667 SF

      8661 Cyn Dr

      AUTO REPAIR, GARAGE • 7,667 SF
      8661 Cyn Dr, Portland, OR 97225-3436
      View Details
    • Value Estimation
      $5,390,000
      31,400 SF

      9425 Cyn Rd

      VEHICLE SALES, RENTALS • 31,400 SF
      9425 Cyn Rd, Portland, OR 97225
      View Details
    • Value Estimation by Request

      Portland, OR 97225

      RESIDENTIAL PARKING GARAGE
      Portland, OR 97225
      View Details

    Similar Nearby for Sale

    • $1,950,000
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      Restaurant/Retail Building with Patio

      4,000 SF building with commercial kitchen and outdoor patio.
      10205 SW Park Way, Portland, OR 97225
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    • $400,000
      2,584 SF

      Raleigh Hills Commercial Property Opportunity

      Prime commercial property in Raleigh Hills with OC zoning.
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    • $1,550,000
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      Washington County Retail Building For Sale

      Retail building for sale in Washington County with high visibility.
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    • $2,500,000
      10,780 SF

      Portland Executive Office Building

      10,780 SF Office, Abundant Parking
      3395 Garden View Ave, Portland, OR 97225
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    • $3,500,000
      13,697 SF

      Well-Located Owner-User Office Property

      Office property with owner-user opportunity and rental income potential.
      9011 SW Beaverton Hillsdale Hwy, Portland, OR 97225
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    • $1,500,000
      5,300 SF

      Office Building in Portland, Oregon

      5,300 SF office building for sale in Portland.
      2365 SW Cedar Hills Blvd, Portland, OR 97225
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    Similar Nearby for Lease

    • Contact for pricing
      88,535 SF

      Large Retail Space Available

      88,535 SF retail space in strong retail corridor.
      9800-10120 SE Washington St, Portland, OR 97225
      View Details
    • Contact for pricing
      143,291 SF

      Raleigh Hills Retail Center Opportunity

      Portland retail space, multiple units available.
      7700 Beaverton Hillsdale Hwy, Portland, OR 97225
      View Details
    • $25 SF/Yr
      3,305 SF

      Apple Way Corner Office Space

      Beaverton, OR: Prime Office Opportunity
      8540 Beaverton Hillsdale Hwy, Beaverton, OR 97225
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space in High-Traffic Area

      Retail space available in high-traffic Portland corridor.
      8450-8540 SW Apple Way, Portland, OR 97225
      View Details
    • Contact for pricing
      5,300 SF

      Flex Space with Retail Storefronts

      5,300 SF flex/warehouse space with two retail storefronts.
      1400-1406 SW Marlow Ave, Portland, OR 97225
      View Details
    • Contact for pricing
      143,291 SF

      Retail Suites in Anchored Center

      Retail, service, and office spaces available in Beaverton, Oregon.
      7700 SW Beaverton-Hillsdale Hwy, Beaverton, OR 97225
      View Details
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    10275 Park Way
    Portland, OR 97225-5009
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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