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    Property profile & analytics

    1050 Murray Rd Portland, OR 97229-5502

    • Retail space
    • 10,096 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 24, 2024
    Location Intelligence
    Property ID
    US71-0596318
    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

    • Papa John's Pizza / Pizza Restaurant

    Property Details for 1050 Murray Rd

    Year built
    1964
    Lot size
    0.68 lot acres
    Property size
    10,096 SF
    Zone code
    RC
    Property type
    Retail space
    APN
    1N133DB-03202
    APU
    1N133DB03202

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.813
    Latitude
    45.527
    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
    $15,162
    $0.00
    $0.00
    $840,430
    -
    $745,830
    $1,569,020
    $2,314,850

    Comparable in this City

    • Value Estimation by Request
      7,612 SF

      13302 Cornell Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,612 SF
      13302 Cornell Rd, Portland, OR 97229
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    • Value Estimation by Request
      8,400 SF

      12595 Cornell Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,400 SF
      12595 Cornell Rd, Portland, OR 97229-5687
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    • Value Estimation by Request
      22,900 SF

      14740 Cornell Rd Ste, Unit 90

      RETAIL STORES (PERSONAL SERVICES) • 22,900 SF
      14740 Cornell Rd Ste, Portland, OR 97229-5400
      View Details
    • Value Estimation by Request
      3,769 SF

      13321 Cornell Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,769 SF
      13321 Cornell Rd, Portland, OR 97229-5898
      View Details
    • Value Estimation by Request
      4,000 SF

      975 Saltzman Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      975 Saltzman Rd, Portland, OR 97229-5647
      View Details
    • Value Estimation by Request
      8,120 SF

      13305 Cornell Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,120 SF
      13305 Cornell Rd, Portland, OR 97229-5987
      View Details

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    Similar Nearby for Lease

    • $30 SF/Yr
      1,248 SF

      Retail Space Available For Rent

      Retail spaces available for lease in Portland, Oregon.
      18425 West Union Rd, Portland, OR 97229
      View Details
    • Contact for pricing
      635 SF

      Retail Space in Bethany Village

      Retail space available in affluent Bethany Village Centre.
      4732-4768 NW Bethany Blvd, Portland, OR 97229
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    • $37 SF/Yr
      1,037 SF

      Retail Space on NW Cornell

      Retail space available for lease with high traffic volume.
      12923 NW Cornell Rd, Portland, OR 97229
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Timberland Town

      Retail space available in established Timberland Town Center.
      230-240 NW Lost Springs Ter, Portland, OR 97229
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      2,400 SF

      Retail Space in High-Traffic Center

      Retail space in high-traffic Portland center with strong demographics.
      455-575 NW Saltzman Rd, Portland, OR 97229
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    • $23 SF/Yr
      1,200 SF

      Retail Space Near Columbia HQ

      Retail spaces and pad site available near major employers.
      13485-13619 NW Cornell Rd, Portland, OR 97229
      View Details
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    1050 Murray Rd
    Portland, OR 97229-5502
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    Realmo Value Estimation

    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.

    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.

    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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