Property profile

1319 22nd Ave Portland, OR 97210

OFF-MARKET
Medical Office Space
Property ID
US71-1831202
26,924 SF 0.87 ac lot Built 1972
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Total area 26,924 SF
Lot 0.87 ac (38,000 SF)
Zoning code EXD
APN 1N1E33BA 07000
UPID US71-1831202

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1319 22nd Ave Portland, OR 97210
Portland metro Census 4901 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.04M
Comparable Approach Comparable
$7.63M
Blend (final) Blend
$7.35M

Owner & transaction history

since 2020
Last sale
$7.0M
7 recorded transactions
2020
$7.0M
2020
Price N/A
2012
Price N/A
2008
$5.3M
1998
Price N/A
1998
Price N/A
1993
$2.0M

Zoning & alternative use

EXD · Portland, OR
Top alternative use upside
Restaurant $9.2M +13.4%
Commercial (general) $9.0M +10.1%
Apartment house (5+ units) $8.3M +2.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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