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    Property profile & analytics

    12424 Division St Portland, OR 97236-3128

    • Turn key restaurants
    • 4,581 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 01, 2025
    $938,000
    Location Intelligence
    Property ID
    US71-0728125
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Maverick Room / Restaurant
    • Payment Alliance International, Inc. / Insurance
    • Vegas Chinese Restaurant / Chinese Restaurant
    • BLACK SPARK INC / Restaurant

    Property Details for 12424 Division St

    Year built
    1960
    Lot size
    0.57 lot acres
    Property size
    4,581 SF
    Zone code
    CG
    Property type
    Turn key restaurants
    APN
    1S2E11BB 06100
    APU
    1S2E11BB06100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.535
    Latitude
    45.5037
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,124
    $0.00
    $0.00
    $600,930
    -
    $496,580
    $465,550
    $962,130

    Comparable in this City

    • Value Estimation by Request
      2,730 SF

      2825 122nd Ave

      RESTAURANT • 2,730 SF
      2825 122nd Ave, Portland, OR 97236-3203
      View Details
    • Value Estimation by Request
      2,812 SF

      16211 Division St

      RESTAURANT • 2,812 SF
      16211 Division St, Portland, OR 97236-1971
      View Details
    • Value Estimation by Request
      5,640 SF

      17110 Powell Blvd

      RESTAURANT • 5,640 SF
      17110 Powell Blvd, Portland, OR 97236-1753
      View Details
    • Value Estimation by Request
      1,787 SF

      13604 Powell Blvd

      RESTAURANT • 1,787 SF
      13604 Powell Blvd, Portland, OR 97236-2911
      View Details
    • Value Estimation by Request
      3,750 SF

      15826 Division St

      RESTAURANT • 3,750 SF
      15826 Division St, Portland, OR 97236-2057
      View Details
    • Value Estimation by Request
      1,692 SF

      12727 Foster Rd

      RESTAURANT • 1,692 SF
      12727 Foster Rd, Portland, OR 97236-4920
      View Details

    Similar Nearby for Sale

    • New
      $88,000
      1,550 SF

      Turnkey Restaurant Business Opportunity

      Restaurant business for sale in Portland with commercial kitchen.
      14908 SE Powell Blvd, Portland, OR 97236
      View Details
    • $2,500,000

      Turnkey Restaurant Opportunity

      Restaurant for sale including all furniture, fixtures, and equipment.
      4141 NE 122Nd Ave, Portland, OR 97236
      View Details
    • $665,000
      1,921 SF

      Restaurant on Half-Acre Lot

      Restaurant on a half-acre lot, great investment opportunity.
      13608 SE Division St, Portland, OR 97236
      View Details
    • New
      $2,000,000
      5,640 SF

      Freestanding Restaurant Building with Parking

      Commercial restaurant with equipment, parking, and established clientele for sale.
      17110 SE Powell Blvd, Portland, OR 97236
      View Details
    • Contact for pricing

      Freestanding Retail/Office/Flex Building

      Freestanding retail building with flexible layout for retail, office, flex.
      16716 SE Division St, Portland, OR 97236
      View Details
    • $675,000
      250 SF

      Portland Industrial Portfolio: Two Buildings

      Owner-user opportunity: Flex space, high traffic area.
      12250 Division St, Portland, OR 97236
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space at Lit Intersection

      Retail space available at a corner location in Portland, Oregon.
      17218 SE Powell Blvd, Portland, OR 97236
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space at Division Crossing

      Retail space with high visibility and accessibility in Portland, OR.
      16261 SE Division St, Portland, OR 97236
      View Details
    • Contact for pricing

      Retail Space Near Fred Meyer

      Retail suites available in high-visibility Portland location.
      2520 SE 145Th Ave, Portland, OR 97236
      View Details
    • Contact for pricing

      Commercial Land in Airport Way

      Located in the heart of the Airport Way trade area.
      5950 NE 122Nd Ave, Portland, OR 97236
      View Details
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    12424 Division St
    Portland, OR 97236-3128
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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