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

    2026 Vancouver Ave Portland, OR 97227-1917

    • Auto shops
    • 5,256 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimations
    $900,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-1896968
    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

    • Green Window Restoration Inc. / General Contractor
    • Bigelow Design Build / General Contractor

    Property Details for 2026 Vancouver Ave

    Year built
    1927
    Lot size
    0.30 lot acres
    Property size
    5,256 SF
    Zone code
    EXD
    Property type
    Auto shops
    APN
    1N1E27DB 07400
    APU
    1N1E27DB07400

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $902,000
      Market price range: $902k - $2.60M
      AI Estimate
      $902,000
      Market price range: $902k - $2.60M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,395,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.667
    Latitude
    45.5376
    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
    $5,314
    $0.00
    $0.00
    $200,550
    -
    $1,104,510
    $759,190
    $1,863,700

    Comparable in this City

    • Value Estimation
      $795,000
      4,625 SF

      911 Monroe St

      AUTO REPAIR, GARAGE • 4,625 SF
      911 Monroe St, Portland, OR 97227-1556
      View Details
    • Value Estimation
      $935,000
      4,704 SF

      651 Russell St

      AUTO REPAIR, GARAGE • 4,704 SF
      651 Russell St, Portland, OR 97227-1752
      View Details
    • Value Estimation by Request
      0.15 Acres

      1910 Wi N Gantenbein Ave

      AUTO REPAIR, GARAGE • 0.15 Acres
      1910 Wi N Gantenbein Ave, Portland, OR 97227
      View Details
    • Value Estimation
      $945,000
      5,510 SF

      3407-3411 Vancouver Ave

      AUTO REPAIR, GARAGE • 5,510 SF
      3407-3411 Vancouver Ave, Portland, OR 97227
      View Details
    • Value Estimation
      $680,000
      3,952 SF

      2125 Vancouver Ave

      AUTO REPAIR, GARAGE • 3,952 SF
      2125 Vancouver Ave, Portland, OR 97227-1918
      View Details
    • Value Estimation by Request
      1,440 SF

      2631 Albina Ave

      AUTO REPAIR, GARAGE • 1,440 SF
      2631 Albina Ave, Portland, OR 97227-1601
      View Details

    Similar Nearby for Sale

    • $6,000,000
      12,092 SF

      North Portland Apartment Complex

      30-unit apartment complex with retail space in Boise neighborhood.
      3755 N Williams Ave, Portland, OR 97227
      View Details
    • $2,224,000
      13,362 SF

      Multifamily Asset in Eliot Neighborhood

      Mixed-use property with commercial and residential units in Portland's Eliot neighborhood.
      3037-3041 N Monroe St, Portland, OR 97227
      View Details
    • Contact for pricing
      4,000 SF

      North Portland Retail/Office Building

      Charming retail, cafe, office, and shop space in Portland.
      3535 N Vancouver Ave, Portland, OR 97227
      View Details
    • $395,000

      Block 24 Albina Condominium

      Condominium near N. Mississippi with designer finishes and open floorplan.
      825 N Failing St, Portland, OR 97227
      View Details
    • Contact for pricing
      2,727 SF

      Remodeled Office Space in Portland

      Move-in ready office space in a bustling NE Portland neighborhood.
      Portland, OR 97227
      View Details
    • $1,900,000
      5,520 SF

      New Multifamily in North Portland

      Six-unit multifamily property with condo-grade finishes in North Portland.
      3591 N Michigan Ave, Portland, OR 97227
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      200,000 SF

      Portland Medical & Creative Office Space

      Prime Portland location, flexible suites available.
      3450 Williams Ave, Portland, OR 97227
      View Details
    • $2,850 /Mo
      679 SF

      Restaurant/Bar Space in Mississippi Avenue

      Stand-alone restaurant/bar with updated interior and optional backyard seating.
      938 N Cook St, Portland, OR 97227
      View Details
    • Contact for pricing
      2,765 SF

      Retail Space with Fenced Yard

      Retail building with office and fenced yard, easy access.
      3924 N Mississippi Ave, Portland, OR 97227
      View Details
    • Contact for pricing
      1,392 SF

      Retail Space Near New Seasons

      Retail space available near New Seasons Market and hospital.
      3346 N Vancouver Ave, Portland, OR 97227
      View Details
    • Contact for pricing
      6,122 SF

      Zeal Lofts: Portland Retail Spaces

      Prime Portland retail, multiple suites available.
      3185 Williams Ave, Portland, OR 97227
      View Details
    • $32 SF/Yr
      25,134 SF

      Bijou Retail Space, N Mississippi Ave

      Portland Retail Space: 1,364 SF Available
      4018 Mississippi Ave, Portland, OR 97227
      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.
    2026 Vancouver Ave
    Portland, OR 97227-1917
    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.