Property profile

16001 Hwy 224 Damascus, OR 97089

OFF-MARKET
Industrial properties
Property ID
US71-0729281
5,000 SF 7.05 ac lot Built 1967
Individually Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1967
Total area 5,000 SF
Lot 7.05 ac (307,098 SF)
Zoning code RI
APN 22E13A 01500
UPID US71-0729281

Cap rate & NOI

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

Location

16001 Hwy 224 Damascus, OR 97089-7850
Damascus metro Census 23202 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
$1.41M
Blend (final) Blend
$475k

Owner & transaction history

since 2007
5 recorded transactions
2007
Price N/A
2006
Price N/A
2004
Price N/A
1988
$230,000
1969
Price N/A

Zoning & alternative use

RI · Damascus, OR

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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