Technical
Financial
Distress signals
Property profile

1933 Pacific Ave Forest Grove, OR 97116

OFF-MARKET
Retail space
Property ID
US71-0140961
5,664 SF 0.04 ac lot Built 1936
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1936
Total area 5,664 SF
Lot 0.04 ac (1,900 SF)
Zoning code TCC
APN 1S306BB-02700
UPID US71-0140961

Cap rate & NOI

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

Location

1933 Pacific Ave Forest Grove, OR 97116-2478
Forest Grove metro Census 33301 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
$740k
Blend (final) Blend
$585k

Owner & transaction history

since 2021
Last sale
$550,000
7 recorded transactions
2021
$550,000
2019
Price N/A
2017
$396,000
2012
Price N/A
2011
$330,000
2007
Price N/A
1999
$224,000

Zoning & alternative use

TCC · Forest Grove, OR
Zoning description

The purpose of this zone is to provide a concentration of retail and office uses in a defined area

General category COMMERCIAL

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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