Technical
Financial
Distress signals
Property profile

2011 21st Ave Forest Grove, OR 97116

OFF-MARKET
Retail space
Property ID
US71-0791976
2,398 SF 0.12 ac lot
Trust Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 2,398 SF
Lot 0.12 ac (5,430 SF)
Zoning code TCC
APN 1N331CC-08300
UPID US71-0791976

Cap rate & NOI

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

Location

2011 21st Ave Forest Grove, OR 97116-1639
Forest Grove metro Census 33202 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
$536k
Blend (final) Blend
$415k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

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
Top alternative use upside
Medical building $765,000 +42.5%
Commercial (general) $665,000 +23.9%

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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