Entity Owned Property summary
This exceptional 3,602 square foot freestanding retail building, located at 1502 SE Morrison Street in Portland, Oregon, presents a unique investment opportunity. Situated on a 9,995 square foot lot, the property boasts a desirable single-tenant occupancy and is fully vacant, allowing for immediate customization to suit a new tenant's needs. Built in 1959, the building is zoned CM2 and is ideally suited for a variety of food-related businesses. The property's key features include a rare… drive-thru window, a fully equipped kitchen area with four freezers/coolers, ample food preparation space, and substantial storage areas. A retail counter is already in place, streamlining the setup process for a new operator. Existing kettles are available for purchase under a separate agreement. The property's location in Multnomah County, Oregon, within the 97214 zip code, offers excellent visibility and accessibility. This is a rare chance to acquire a well-equipped, freestanding retail space with a drive-thru in a thriving Portland neighborhood. The property's existing infrastructure significantly reduces start-up costs and allows for a quick transition to operational status. This turnkey solution is perfect for a business seeking a ready-to-use space with unique features.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,602 SF
- Lot area
- 0.23 ac
- Year built
- 1959
- Stories
- 1
- APN
- 1S1E02AB 15500
- Zoning
- CM
- Assessed value · 2023
- $260,400
- Annual tax · 2023
- $6,900
- Auto Repair, Garage
- Medical Building
- Commercial (general) · current use
- Office Building
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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