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Financial
Distress signals
Property profile

13511 SE Division St Portland, OR 97236

FOR SALE
Retail space
Property ID
US71-0939081
7,340 SF 0.41 ac lot Built 1972
Last sale May 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 7,868-square-foot commercial building on a 0.41-acre lot at the intersection of 135th and Division. It is zoned CM1 and is configured with four separate rentable spaces, plus a garage, a storage container, and a patio area. The building has been used for retail and food-related businesses, including a grocery market, a furniture store, and a video deli. Additional retail spaces were added through building expansions in 2001 and 2015, and the property received new interior and exterior paint.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$641k
Effective rate2.35%

Value estimate

· Oct 2026
$535k
$482k – $589k
Submarket $/SF estimate$2.18M
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$10k
Operating expenses−$35k
NOI · 6.62% cap applied$106k

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

Recently sold

What actually traded nearby?
$300/SF
Submarket average, outlier-cleaned · 315 recorded sales of this use type
Observed band · Q1–Q3$178 – $430
Qualifying comparables5

Cap rate analysis

How does the asset earn?
6.62%
$106k 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?
CN2
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.4
Realty agency22.9
Wholesale Shop11.6

Location

13511 SE Division St Portland, OR 97236
County assessor Recorded deeds · 15 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
16716 Division, Portland, OR 97236-1414 $1,745,000 Jun 2025 7,916 SF
13520 Division, Portland, OR 97236-3049 $1,400,000 Oct 2022 10,442 SF
12300 Powell, Portland, OR 97236-3485 $785,000 Sep 2022 4,752 SF
12344 Division, Portland, OR 97236-3126 $1,000,000 Oct 2021 5,624 SF
16502 Division, Portland, OR 97236-1800 $1,441,000 Sep 2021 8,480 SF
16437-1644 Powell, Portland, OR 97236 $710,000 Dec 2018 4,000 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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