Property profile

1221 Madison St Portland, OR 97214

OFF-MARKET
Office Spaces
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Property ID
US71-0669620
5,004 SF 0.11 ac Built 1960
Last sale Jan 2026·$1,458,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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?
$12k
Tax billed · 2023
Assessed value$446k
Effective rate2.65%

Value estimate

· Nov 2026
$315k
$284k – $347k
Submarket $/SF estimate$1.10M

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

Recently sold

What actually traded nearby?
$290/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$213 – $415
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?
CN1
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Florist
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Florist9.2
Optical Shop8.7
Laundromat8.2

Location

1221 Madison St Portland, OR 97214-3890
County assessor Recorded deeds · 4 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
421 10th, Portland, OR 97214-1311 $628,938 Jan 2025 5,857 SF
110 8th, Portland, OR 97214-1209 $1,751,672 Nov 2024 4,235 SF
1905 10th, Portland, OR 97214-4659 $2,080,000 Sep 2024 3,750 SF
1630 8th, Portland, OR 97214-3505 $3,850,000 Oct 2023 4,500 SF
2415-2419 11th, Portland, OR 97214 $800,000 Sep 2021 5,000 SF
2136 8th, Portland, OR 97214-4608 $3,500,000 Oct 2019 5,000 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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