Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

11618 Sumner St Portland, OR 97220

OFF-MARKET
Warehouses
Property ID
US71-0484862
18,000 SF 4.23 ac lot Built 1976
Last sale Jul 2014 · $3,247,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional commercial property located at 11618 NE Sumner St offers a significant opportunity for businesses seeking flexible warehouse space. The building totals 94,711 square feet and is currently 100% vacant, presenting a unique chance to customize the space to meet specific operational needs. Multiple tenancy options are available, with a minimum divisible unit size of 13,902 square feet and a maximum contiguous space of 80,809 square feet. This allows for businesses of various…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$72k
Tax billed · 2023
Assessed value$3.05M
Effective rate2.37%

Value estimate

· Oct 2026
$3.24M
$2.91M – $3.56M
Submarket $/SF estimate$5.56M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
Submarket average, outlier-cleaned · 200 recorded sales of this use type
Observed band · Q1–Q3$136 – $309
Qualifying comparables5

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?
IG2H
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.2
Pharmacy11.1
Hair Salon10.7

Location

11618 Sumner St Portland, OR 97220-1168
County assessor Recorded deeds · 5 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8440 Halsey, Portland, OR 97220-5648 $4,000,000 May 2024 16,756 SF
10527 Sandy, Portland, OR 97220-2509 $2,315,000 May 2022 9,828 SF
12124 Ainsworth, Portland, OR 97220-9001 $5,270,000 May 2022 31,040 SF
11305 Marx, Portland, OR 97220-1040 $4,300,000 Jun 2019 30,200 SF
9525 Colfax, Portland, OR 97220-1345 $1,440,000 May 2019 11,558 SF
11744 Ainsworth, Portland, OR 97220-1086 $2,400,000 Apr 2019 14,400 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11618 Sumner St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again