Property profile

16196 Hwy 224 Damascus, OR 97089

OFF-MARKET
Commercial real estate
Property ID
US71-0896767
2,971 SF 0.13 ac lot Built 1920
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 2,971 SF
Lot 0.13 ac (5,468 SF)
Zoning code RRFF5
APN 23E18CB03700
UPID US71-0896767

Cap rate & NOI

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

Location

16196 Hwy 224 Damascus, OR 97089-8870
Damascus metro Census 23202 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$420k

Owner & transaction history

since 2007
5 recorded transactions
2007
Price N/A
2004
Price N/A
2000
Price N/A
1996
$295,000
1993
$295,000

Zoning & alternative use

RRFF5 · 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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