Realmo Analytics

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Property profile

1190 NE Division St Gresham, OR 97030

FOR SALE
Warehouses
Property ID
US71-0994809
12,096 SF 1.21 ac lot Built 1973
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$21k
Tax billed · 2023
Assessed value$1.13M
Effective rate1.88%

Value estimate

· Oct 2026
$1.60M
$1.44M – $1.75M
Submarket $/SF estimate$3.76M
NOI build-up
Gross scheduled income$189k
Vacancy & credit loss−$16k
Operating expenses−$60k
NOI · 4.33% cap applied$112k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$208/SF
County average, outlier-cleaned · 205 recorded sales of this use type
Observed band · Q1–Q3$134 – $311
Qualifying comparables9

Cap rate analysis

How does the asset earn?
4.33%
$112k 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?
GC
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.5
Catering Service8.1
Watch Repair Shop7.6

Location

1190 NE Division St Gresham, OR 97030
County assessor Recorded deeds · not on file 9 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
2303 11th Mile, Gresham, OR 97030-3553 $2,150,000 Dec 2024 19,712 SF
21655 Stark, Gresham, OR 97030-2027 $2,150,000 Aug 2024 5,600 SF
21655 Stark, Gresham, OR 97030-2027 $2,150,000 May 2024 5,722 SF
21640 Stark, Gresham, OR 97030-2028 $2,400,000 Feb 2024 12,000 SF
1200 8th, Gresham, OR 97030-5757 $600,000 Aug 2023 7,002 SF
335 8th, Gresham, OR 97030-5653 $2,000,000 Oct 2020 17,580 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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