Financial
Distress signals
Property profile

1972 Burnside St Portland, OR 97209

OFF-MARKET
Retail space
Property ID
US71-0913096
7,558 SF 0.44 ac lot Built 1991
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional freestanding retail property at 1972 W Burnside St in Portland, Oregon, offers a unique opportunity for multiple businesses. Located in Multnomah County, zip code 97209, this 7,591 square foot building features four individual suites, providing flexibility for various retail concepts. The minimum divisible space is 1,160 square feet, while the maximum contiguous space available is 2,591 square feet. This allows for businesses of different sizes to find a suitable space

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value$1.80M
Effective rate1.90%

Value estimate

· Sep 2026
$3.25M
$2.93M – $3.58M
Sales comparison$3.25M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$300/SF
Submarket average, outlier-cleaned · 315 recorded sales of this use type
Observed band · Q1–Q3$178 – $430
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CXD
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat11.0
Laundry Service7.0
Buffet6.8

Location

1972 Burnside St Portland, OR 97209-2086
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1015 17th, Portland, OR 97209-2308 $2,100,000 Apr 2025 9,840 SF
14-18 3rd, Portland, OR 97209 $2,300,000 Mar 2025 5,625 SF
33 9th, Portland, OR 97209-3301 $3,400,000 Jul 2022 10,000 SF
903 Davis, Portland, OR 97209-3103 $10,312,500 Jan 2021 8,520 SF
127 3rd, Portland, OR 97209-3908 $2,264,500 Jan 2021 9,500 SF
404 10th, Portland, OR 97209-3184 $3,700,000 Jan 2021 10,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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