13511 SE Division St Portland, OR 97236
Property Lookup
Property profile & analytics
13511 SE Division St Portland, OR 97236
- Retail space
- 7,340 SF
- 0.41 lot acres
Property ID
US71-0939081
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.
Location Intelligence
Current Use by Public Records
- Zakours Floor Coverings / General Contractor / Renovation Specialist
- Martinez Mario / Construction Company / General Contractor
Property Details for 13511 SE Division St
- Year built
- 1972
- Lot size
- 0.41 lot acres
- Property size
- 7,340 SF
- Zone code
- CN2
- Property type
- Retail space
- APN
- 1S2E02DC 07200
- APU
- 1S2E02DC07200
Description
This exceptional 7,868 square foot retail storefront, located at 13511 SE Division St, Portland, OR 97236, presents a compelling owner-user opportunity. Situated on a high-visibility corner lot (17,775 sq ft) at the intersection of two major thoroughfares, experiencing over 41,000 vehicles per day, this multi-tenant property boasts significant exposure. Built in 1972 and renovated in 2001, the building features 14 parking spaces and is currently 51% occupied with month-to-month tenants, offering flexibility for an owner-user to occupy all or a portion of the space. Recent improvements include exterior paint, parking lot upgrades, and a new fence. The asking price is $1,525,000 ($194/sq ft), well below replacement cost. This prime location offers convenient access to transportation routes, Portland's downtown area, the airport, and nearby amenities, including Marketplace 205. The strong submarket boasts average household incomes exceeding $106,000 within a 5-mile radius. The property's APN is R283977. This well-maintained building, owned by the same party for over 50 years, represents a rare opportunity to acquire a significant retail presence in a thriving East Portland commercial corridor. The property's long-term ownership reflects a commitment to quality and pride of ownership. Additions to the building were constructed in 2001 and 2015.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,181,000
- AI Estimate
- $2,181,000
Market price range: $1.30M - $3.16MMarket price range: $1.30M - $3.16M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,205,000 Current use
- RESTAURANT
- $2,515,000 Change: +14% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,240,000 Change: +2% Conversion: Difficult
- MEDICAL BUILDING
- $2,215,000 Change: +1% Conversion: Difficult
- OFFICE BUILDING
- $2,120,000 Change: -4% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,115,000 Change: -4% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,950,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.524
- Latitude
- 45.5044
- 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
$15,054
$0.00
$0.00
$640,510
-
$177,750
$1,011,860
$1,189,610
