Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    13520 SE Division St Portland, OR 97236
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13520 SE Division St Portland, OR 97236

    View on Map
    • Retail space
    • 10,442 SF
    • 0.54 lot acres
    For Sale
    $1,635,000
    View Listing →
    Division Street Commercial Property For Sale
    $1,635,000

    Division Street Commercial Property

    Two office buildings and shop space near I-205.

    13520 SE Division Street, Portland, OR 97236
    View Listing
    Property ID
    US71-1908605
    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.
    Value Estimations
    Cap Rate Potential
    8.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • 911 Restoration Inc. of PDX / Hardware & Home Improvement / Construction Company
    • Peninsula Plumbing Co / Plumbing Service / General Contractor

    Property Details for 13520 SE Division St

    Year built
    1950
    Lot size
    0.54 lot acres
    Property size
    10,442 SF
    Zone code
    CN2
    Property type
    Retail space
    APN
    1S2E11AB 06600
    APU
    1S2E11AB06600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,425,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,030,000
      6.5%
      $1,870,000
      7%
      $1,740,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,853,000
      Market price range: $1.85M - $4.49M
      AI Estimate
      $1,853,000
      Market price range: $1.85M - $4.49M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.524
    Latitude
    45.5037
    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
    $7,085
    $0.00
    $0.00
    $301,460
    -
    $234,540
    $439,430
    $673,970

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      14011 Wi Se Division St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      14011 Wi Se Division St, Portland, OR 97236
      View Details
    • Value Estimation
      $4,565,000
      19,120 SF

      16050 Division St

      RETAIL STORES (PERSONAL SERVICES) • 19,120 SF
      16050 Division St, Portland, OR 97236-1925
      View Details
    • Value Estimation
      $2,075,000
      5,934 SF

      14425 Division St

      RETAIL STORES (PERSONAL SERVICES) • 5,934 SF
      14425 Division St, Portland, OR 97236-2634
      View Details
    • Value Estimation
      $2,275,000
      6,060 SF

      12503 Division St, Unit 12511

      RETAIL STORES (PERSONAL SERVICES) • 6,060 SF
      12503 Division St, Portland, OR 97236-3100
      View Details
    • Value Estimation
      $1,100,000
      2,560 SF

      14725 Division St

      RETAIL STORES (PERSONAL SERVICES) • 2,560 SF
      14725 Division St, Portland, OR 97236-2334
      View Details
    • Value Estimation
      $680,000
      2,480 SF

      16330 Division St

      RETAIL STORES (PERSONAL SERVICES) • 2,480 SF
      16330 Division St, Portland, OR 97236-1930
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Property Near National Retailers

      Retail space with high visibility and abundant parking.
      16603 SE Division St, Portland, OR 97236
      View Details
    • $1,599,950
      7,868 SF

      Commercial Building with Multiple Rental Spaces

      7,868 SF commercial building with four rentable spaces.
      13511 SE Division St, Portland, OR 97236
      View Details
    • Contact for pricing

      Mixed-Use Property in Centennial Neighborhood

      14-unit mixed-use property with retail and residential components.
      16804 SE Division St, 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
    • Contact for pricing
      3,036 SF

      Carl's Jr. NNN Investment

      NNN leased Carl's Jr. with recent extension through 2031.
      14836 SE Division St, Portland, OR 97236
      View Details
    • Contact for pricing

      Retail/Industrial Flex Building For Sale

      Two properties with secure yard space available for sale.
      12250 SE 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

      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
      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

      High Traffic Shopping Center Space

      Retail spaces available in high-traffic Portland shopping center.
      16353 SE Division St, Portland, OR 97236
      View Details
    • $1.00 SF/Yr

      Former Restaurant Space Available

      Restaurant space with equipment, high-traffic location, and parking.
      17218 SE Powell Blvd, 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
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13520 SE Division St
    Portland, OR 97236
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!