Financial
Distress signals
Property profile

11646 SW Pacific Hwy Portland, OR 97223

FOR SALE
Auto shops
Property ID
US71-0700358
3,622 SF 0.35 ac lot
Last sale Jul 2022 · $9,200
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an automotive-focused concrete building constructed in 1966, located in Tigard with direct access to Pacific Highway via an oversized driveway. It has an approximate gross area of 3,383 square feet and features five 12-foot overhead shop doors on the front for vehicle servicing, along with an additional grade door at the rear. A rear exterior yard area is provided for vehicle storage. The building offers a clear height of approximately 14 feet 6 inches and includes two

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?
$6k
Tax billed · 2023
Assessed value$361k
Effective rate1.76%

Value estimate

· Sep 2026
$1.41M
$1.26M – $1.55M
Submarket $/SF estimate$1.41M
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$5k
Operating expenses−$17k
NOI · 4.66% cap applied$39k

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

Recently sold

What actually traded nearby?
$305/SF
Submarket average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$172 – $495
Qualifying comparables5

Cap rate analysis

How does the asset earn?
4.66%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-G
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.1
HVAC Service10.8
Pharmacy10.5

Location

11646 SW Pacific Hwy Portland, OR 97223
County assessor Recorded deeds · 2 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13727 Pacific, Portland, OR 97223-4850 $1,000,000 Dec 2024 10,880 SF
Portland, OR 97223 $815,000 Sep 2024 No data
8764 Burnham, Portland, OR 97223 $2,450,863 Jun 2024 10,639 SF
8848 Commercial, Portland, OR 97223-6252 $1,850,000 Nov 2023 8,884 SF
9730 Shady, Portland, OR 97223-5435 $1,725,000 Nov 2018 5,120 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?”
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