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Property profile

2003 SE Belmont St Portland, OR 97214

FOR SALE
Auto shops
Property ID
US71-0909099
0.14 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This vacant, 960-square-foot retail building is located at 2003 SE Belmont St, Portland, OR 97214, in the desirable Buckman neighborhood. The property sits on a 6,038-square-foot lot (approximately 0.14 acres) and features one single-story building with two roll-up doors, providing ample flexibility for various uses. The asking price is $850,000, translating to $885.42 per square foot. The property boasts 12 surface parking spaces and is zoned CM2 – Commercial Mixed Use 2, allowing for a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$94k
Effective rate2.65%

Value estimate

· Oct 2026
$125k
$113k – $138k
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 1.54% cap applied$11k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$305/SF
Submarket average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$172 – $495

Cap rate analysis

How does the asset earn?
1.54%
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CS
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
Laundromat8.3
Watch Repair Shop8.1
Tanning Salon8.0

Location

2003 SE Belmont St Portland, OR 97214
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3522 Belmont, Portland, OR 97214-4324 $540,000 Apr 2025 1,984 SF
330 6th Ave, Portland, OR 97214-1101 $1,450,000 Jun 2023 No data
2315 11th, Portland, OR 97214-5305 $930,000 Jan 2023 2,175 SF
2324 Belmont, Portland, OR 97214-2819 $535,000 Jan 2022 3,200 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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