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Property profile & analytics
FOR SALE
Commercial land
1410 E Powell Blvd Gresham, OR 97030
Individually Owned
5-yr Hold
Free & Clear
Property ID
US71-0406820
For Sale
$319,900
1410 E Powell Blvd, Gresham, OR 97030
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1925
Total area
1,221 SF
Lot
0.35 ac (15,275 SF)
Zoning code
DC2
APN
1S3E10DA 01400
UPID
US71-0406820
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nzuko Ndi Igbo Of Oregon & Sw Was · 5 yrs held
Nzuko Ndi Igbo Of Oregon & Sw Was
since 2020
Last sale
$200,000
7 recorded transactions
Zoning & alternative use
DC2 · Gresham, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gresham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gresham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Land market value
$244,400
Total market value
$244,400
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1925
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
1,221 SF
Lot
0.35 ac (15,275 SF)
Zoning code
DC2
APN
1S3E10DA 01400
UPID
US71-0406820
Jurisdiction
MULTNOMAH
Zoning & alternative use
DC2 · Gresham, OR
Zoning DC2 · permitted uses
DC2 · Gresham, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gresham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Nzuko Ndi Igbo Of Oregon & Sw Was
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 11978, PORTLAND, OR 97211-0978
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2020
$200,000
Nzuko Ndi Igbo Of Oregon & Sw Was
Aircraft Gulf INC
Warranty Deed
—
Feb 13, 2017
$230,000
Aircraft Gulf INC
Kight James & Nina Trust
Warranty Deed
—
Jul 29, 2008
—
Kight James
Kight,james W & Nina R
Quit Claim Deed
related
—
Oct 26, 2007
—
James W Kight
Kight,nina R
Quit Claim Deed
related
—
Oct 16, 2007
—
Nina R Kight
James W Kight
Bargain And Sale Deed
$238,700 · Provident Funding Associates LP
—
—
James W Kight
—
Deed Of Trust
related
$24,652 · Clackamas County Bank
—
—
James W Kight
—
Deed Of Trust
related
$78,500 · Merchant National Bank
—
—
James W Kight
—
Deed Of Trust
related
$97,600 · Merchant National Bank
—
—
James W Kight
—
Deed Of Trust
related
$105,700 · Norwest Mortgage INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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