Property profile

15999 72nd Ave Portland, OR 97224

OFF-MARKET
Retail space
Property ID
US71-0637602
27,350 SF 1.97 ac lot Built 1984
Entity Owned 38-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Total area 27,350 SF
Lot 1.97 ac (85,813 SF)
Zoning code I-P
APN 2S112DC-00701
UPID US71-0637602

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15999 72nd Ave Portland, OR 97224-7960
Portland metro Census 30806 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.71M
Blend (final) Blend
$9.71M

Owner & transaction history

since 1988
2 recorded transactions
2017
Price N/A
1988
$1.0M

Zoning & alternative use

I-P · Portland, OR
Top alternative use upside
Restaurant $9.4M +14.1%
Auto repair, garage $8.4M +1.7%
Medical building $8.3M +0.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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