Financial
Distress signals
Property profile

106 NE Grand Ave Portland, OR 97232

FOR SALE
Retail space
Property ID
US71-0800152
9,000 SF 0.21 ac lot Built 1927
Last sale Apr 2020 · $2,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 9,865 square feet of retail space within a classic Portland building. The space includes expansive floor-to-ceiling windows and is designed for ADA accessibility, with system upgrades completed as part of building renovations. It is situated in Portland’s Central City, with access to nearby transit routes including bus lines and a streetcar stop, as well as proximity to major downtown connections and thoroughfares such as the bridges and Interstates 5 and

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.

Mortgages

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?
$16k
Tax billed · 2023
Assessed value$614k
Effective rate2.65%

Value estimate

· Sep 2026
$3.73M
$3.35M – $4.10M
CAP approach$1.62M
Submarket $/SF estimate$2.09M

Realmo valuation models over county records and 4 qualifying comparable sales.

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
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
EXD
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Optical Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Optical Shop8.5
Pet Grooming Service8.4
Shoe Repair7.8

Location

106 NE Grand Ave Portland, OR 97232
County assessor Recorded deeds · 6 transfers 4 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1422 Broadway, Portland, OR 97232-1405 $3,100,000 Feb 2024 8,754 SF
2702 Broadway, Portland, OR 97232-1723 $1,615,000 Jun 2023 5,148 SF
3747 Sandy, Portland, OR 97232-1840 $2,865,000 Mar 2023 11,050 SF
2340 Sandy, Portland, OR 97232-2813 $4,200,000 Jul 2022 9,260 SF
1623 Broadway, Portland, OR 97232-1425 $2,860,000 Mar 2022 9,000 SF
401 Weidler, Portland, OR 97232-1123 $1,650,000 Dec 2021 9,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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