Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10475 Division St Portland, OR 97266-1236
    Back to Search
    Property profile & analytics

    10475 Division St, Portland, OR 97266-1236

    View on Map
    • Retail space
    • 4,392 SF
    • 0.21 lot acres
    Off-Market
    Last Sale May 14, 2025
    $725,000
    Property ID
    US71-0479285
    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.
    Value Estimations
    $750,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 10475 Division St

    Year built
    1942
    Lot size
    0.21 lot acres
    Zone code
    CG
    Property type
    Retail space
    APN
    1S2E03CC 02200
    APU
    1S2E03CC02200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 14, 2025 $725,000 Acharya Group INC Jason Butterworth Warranty Deed —
    Aug 14, 2025 — Jason Butterworth Dan Jones Warranty Deed —
    Dec 17, 2019 $445,000 Jason Butterworth Dan Jones Grant Deed · related —
    Nov 3, 2016 $387,500 Dan Jones Trapp Family LLC Warranty Deed $288k · Private Individual
    Jul 27, 1998 — Trapp Family LLC Trapp,melvin C & Lorraine L Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $779,000
      Market price range: $780k - $1.89M
      AI Estimate
      $779,000
      Market price range: $780k - $1.89M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,105,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.555
    Latitude
    45.5046
    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
    $4,603
    $0.00
    $0.00
    $195,840
    -
    $182,820
    $246,370
    $429,190

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      7035 Wi Se 82nd Ave

      RETAIL STORES (PERSONAL SERVICES)
      7035 Wi Se 82nd Ave, Portland, OR 97266
      View Details
    • Value Estimation by Request
      0.22 Acres

      8303 Wi Se Insley St

      RETAIL STORES (PERSONAL SERVICES)
      8303 Wi Se Insley St, Portland, OR 97266
      View Details
    • Value Estimation by Request
      0.11 Acres

      10307 Wi Se Foster Rd

      RETAIL STORES (PERSONAL SERVICES)
      10307 Wi Se Foster Rd, Portland, OR 97266
      View Details
    • Value Estimation
      $35,750,000
      93,864 SF

      5241 82nd Ave, Unit 5275

      RETAIL STORES (PERSONAL SERVICES)
      5241 82nd Ave, Portland, OR 97266-4803
      View Details
    • Value Estimation
      $4,790,000
      11,136 SF

      12102 Division St

      RETAIL STORES (PERSONAL SERVICES)
      12102 Division St, Portland, OR 97266-1041
      View Details
    • Value Estimation
      $1,470,000
      4,535 SF

      8409 Division St

      RETAIL STORES (PERSONAL SERVICES)
      8409 Division St, Portland, OR 97266-1580
      View Details

    Similar Nearby for Sale

    • $345,000
      0.25 Acres

      Foster Corridor Mixed-Use Development Site

      10,722 SF CM3 zoned land in Portland's Foster Corridor.
      9639 SE Foster Rd, Portland, OR 97266
      View Details
    • Contact for pricing
      5,500 SF

      Mixed-Use Property with Development Potential

      Mixed-use property with income and development opportunities in Portland.
      8325 Division St SE DIVISION, Portland, OR 97266
      View Details
    • $11,500,000

      Portland Commercial Land and Building

      2.53 AC commercial land with 12,000 SF building.
      SE Schiller St, Portland, OR 97266
      View Details
    • Contact for pricing
      2,400 SF

      Retail Property on Corner Lot

      Retail property with onsite parking and many nearby amenities.
      10307 SE Foster Rd, Portland, OR 97266
      View Details
    • Contact for pricing
      576 SF

      Prime Property on 82nd Avenue

      Half-acre property on 82nd Ave, Portland. Many possibilities.
      5826 SE 82 Dr, Portland, OR 97266
      View Details
    • Contact for pricing
      7,868 SF

      Free-Standing Building on High-Visibility Lot

      Free-standing building with prominent visibility and parking.
      4616 SE 82Nd Ave, Portland, OR 97266
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,400 SF

      Retail Space with Roll-Up Doors

      Retail property featuring roll-up doors and ample parking.
      10950 SE Division St, Portland, OR 97266
      View Details
    • Contact for pricing
      3,356 SF

      Retail Space on Powell Blvd

      Retail space available for lease on SE Powell Blvd.
      8201 SE Powell Blvd, Portland, OR 97266
      View Details
    • Contact for pricing

      Street Level Office/Retail Space

      New office and retail space with high walk and transit scores.
      2922 SE 82Nd Ave, Portland, OR 97266
      View Details
    • Contact for pricing
      12,420 SF

      Freestanding Retail/Entertainment Building Available

      12,420 SF freestanding building suitable for retail or entertainment.
      9120 SE Powell Blvd, Portland, OR 97266
      View Details
    • Contact for pricing

      Standalone Retail Building on Corner

      High visibility retail building available for lease in Portland, Oregon.
      8218 SE Holgate Blvd, Portland, OR 97266
      View Details
    • Contact for pricing

      Turn-Key Office Floor with Parking

      Full floor office space with abundant parking and natural light.
      7724 SE Aspen Summit Dr, Portland, OR 97266
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10475 Division St
    Portland, OR 97266-1236
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10475 Division St, Portland, OR, 97266
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!