Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1807 5th Ave Portland, OR 97201-5277

    • Commercial real estate
    • 1,509 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-1032805
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1807 5th Ave

    Year built
    2009
    Property size
    1,509 SF
    Property type
    Commercial real estate
    APN
    1S1E04DA 90002
    APU
    1S1E04DA90002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.682
    Latitude
    45.5116
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $562,760
    $562,760

    Comparable in this City

    • Value Estimation by Request

      Portland, OR 97201

      COMMERCIAL CONDOMINUIM
      Portland, OR 97201
      View Details
    • Value Estimation by Request

      Portland, OR 97201

      COMMERCIAL CONDOMINUIM
      Portland, OR 97201
      View Details
    • Value Estimation by Request

      Portland, OR 97201

      COMMERCIAL CONDOMINUIM
      Portland, OR 97201
      View Details
    • Value Estimation by Request

      Portland, OR 97201

      COMMERCIAL CONDOMINUIM
      Portland, OR 97201
      View Details
    • Value Estimation by Request

      Portland, OR 97201

      COMMERCIAL CONDOMINUIM
      Portland, OR 97201
      View Details
    • Value Estimation by Request

      Portland, OR 97201

      COMMERCIAL CONDOMINUIM
      Portland, OR 97201
      View Details

    Similar Nearby for Sale

    • $170,000
      756 SF

      Downtown Portland Condo with Views

      Top-floor corner unit with penthouse views in downtown Portland.
      1134 SW Jefferson St, Portland, OR 97201
      View Details
    • $359,900
      898 SF

      Humboldt Home with Modern Design

      Home in vibrant Humboldt neighborhood with open floor plan and yard.
      265 N Skidmore St, Portland, OR 97201
      View Details
    • $350,000

      Harrison West Downtown Oasis

      Sleek 2BD/2BA unit with mountain, river, and cityscape views.
      255 SW Harrison St, Portland, OR 97201
      View Details
    • $269,000

      Portland Heights Buildable Lot

      Buildable lot in Portland Heights with stunning views.
      2590 SW Buckingham Ave, Portland, OR 97201
      View Details
    • $359,000

      Updated Condo with City Views

      Updated condo with parking and amenities near PSU and transit.
      2221 SW 1St Ave, Portland, OR 97201
      View Details
    • $75,000
      0.20 Acres

      Buildable Lot on SW Broadway

      Rare lot with plans included, territorial views, prime location.
      SW Broadway Dr, Portland, OR 97201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,825 SF

      Portland Retail Space - The Porter Hotel

      Prime Portland retail, event space available.
      1355 2Nd Ave, Portland, OR 97201
      View Details
    • $23 SF/Yr
      575 SF

      Downtown Portland Retail Space

      575 sq ft Retail Space in Portland
      1407 4Th Ave, Portland, OR 97201
      View Details
    • $18 SF/Yr
      4,400 SF

      Restaurant Space with Outdoor Patio

      Plug-and-play restaurant space available for lease.
      1717 SW Park Ave, Portland, OR 97201
      View Details
    • Contact for pricing
      12,880 SF

      Office Building with Fenced Playground

      Office building featuring a fenced playground and ample parking.
      2510 SW 1St Ave, Portland, OR 97201
      View Details
    • Contact for pricing
      16,179 SF

      Creative Office Space with Amenities

      Move-in ready office space with flexible terms and great amenities.
      240 SE Clay St, Portland, OR 97201
      View Details
    • Contact for pricing
      2,568 SF

      Retail Space in Portland Astoria

      Ground floor retail space in a vibrant, high-traffic area.
      140 SW Columbia St, Portland, OR 97201
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1807 5th Ave
    Portland, OR 97201-5277
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.