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Property profile & analytics
OFF-MARKET Estimated value $490,000
Investment properties

1038 Division St Gresham, OR 97030-5432

2,350 SF 0.86 ac lot Built 1937
Individually Owned 9-yr Hold
Property ID
US71-1738923
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1937
Total area 2,350 SF
Lot 0.86 ac (37,500 SF)
Zoning code CMU
APN 1S3E09AB 00800
UPID US71-1738923
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$606k
Blend (final) Blend
$490k
Owner & transaction history
Tran Tri A · 9 yrs held
Tran Tri A
since 2016
7 recorded transactions
2018
Price N/A
2016
$465,000
2014
Price N/A
2011
$479,000
2008
$615,000
2006
$675,000
1991
$120,000
Zoning & alternative use
CMU · Gresham, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4.0413 Corridor Mixed-Use (CMU) ................................................................................................ 4.0400-3 4.0414 Community Commercial (CC) ............................................................................................ 4.0400-3 4.0415 Moderate Commercial (MC) .......................................................…

Zone name Corridor Mixed Use
General category MIXED_USE
Zone area 173.37 ac
Top alternative use upside
Medical building $710,000 +22.1%
Auto repair, garage $695,000 +19.8%
Office building $605,000 +3.9%
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