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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2285 Johnson St Portland, OR 97210-3236

    • Investment properties
    • 4,132 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimations
    $1,700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-1888937
    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

    • Mrs. Annie Dolle / Counselor
    • Amy L. Van Antwerp, LMT / Doctor / Osteopath
    • Spiritual Director Portland / Psychic
    • Spero Park / Women'S Clothing Store
    • Laura A. Jones, LMT / Massage Therapist

    Property Details for 2285 Johnson St

    Year built
    1984
    Lot size
    0.08 lot acres
    Property size
    4,132 SF
    Zone code
    CS
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    1N1E33BC 01200
    APU
    1N1E33BC01200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,699,000
      Market price range: $1.10M - $1.82M
      AI Estimate
      $1,699,000
      Market price range: $1.10M - $1.82M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,375,000
      Current use
      AUTO REPAIR, GARAGE
      $1,260,000
      Change: -8% Conversion: Difficult
      MEDICAL BUILDING
      $1,250,000
      Change: -9% Conversion: Easy
      RETAIL STORES
      $1,240,000
      Change: -10% Conversion: Easy
      OFFICE BUILDING
      $1,195,000
      Change: -13% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.698
    Latitude
    45.5285
    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
    $22,471
    $0.00
    $0.00
    $848,810
    -
    $767,250
    $1,677,950
    $2,445,200

    Comparable in this City

    • Value Estimation
      $825,000
      2,539 SF

      919 23rd Ave

      STORE/OFFICE (MIXED USE) • 2,539 SF
      919 23rd Ave, Portland, OR 97210-3005
      View Details
    • Value Estimation
      $1,335,000
      5,000 SF

      2290 Thurman St

      STORE/OFFICE (MIXED USE) • 5,000 SF
      2290 Thurman St, Portland, OR 97210-2519
      View Details
    • Value Estimation
      $895,000
      3,356 SF

      2384 Quimby St, Unit 2390

      STORE/OFFICE (MIXED USE) • 3,356 SF
      2384 Quimby St, Portland, OR 97210-2626
      View Details
    • Value Estimation by Request
      1,664 SF

      1826 29th Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,664 SF
      1826 29th Ave, Portland, OR 97210-2228
      View Details
    • Value Estimation
      $715,000
      2,676 SF

      826-830 23rd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,676 SF
      826-830 23rd Ave, Portland, OR 97210
      View Details
    • Value Estimation
      $1,075,000
      4,022 SF

      1524 23rd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,022 SF
      1524 23rd Ave, Portland, OR 97210-2686
      View Details

    Similar Nearby for Sale

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      2,221 SF

      Turnkey Home with Business Potential

      Move-in ready home with residential, commercial, or industrial zoning.
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    • $1,400,000
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      Retail Property in Portland, Oregon

      Retail property available for sale in Portland, Oregon.
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      View Details
    • Contact for pricing
      41,681 SF

      Guilds Lake Industrial Property

      Industrial property near Fremont Bridge on/off-ramps in Guilds Lake.
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      Nob Hill Development Opportunity

      Permit-ready site approved for 30 residential units.
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    Similar Nearby for Lease

    • Contact for pricing
      5,387 SF

      NW 23rd Ave Retail Center

      Portland Retail Space - High Street Location
      907 23Rd Ave, Portland, OR 97210
      View Details
    • $0.65 SF/Yr
      71,546 SF

      Portland Industrial Manufacturing Space

      71,546 SF Manufacturing Facility Available
      4000 Street Helens Rd, Portland, OR 97210
      View Details
    • Contact for pricing
      28,000 SF

      Northwest York Street Flex Space

      Flex and industrial space available in Portland, Oregon.
      2110 Northwest York St, Portland, OR 97210
      View Details
    • Contact for pricing
      22,500 SF

      Industrial Warehouse Near Downtown Portland

      210,000 SF industrial warehouse with freeway access.
      3571-3599 NW Yeon Ave, Portland, OR 97210
      View Details
    • Contact for pricing
      195,342 SF

      NW Yeon Avenue Warehouse Space

      195,000 SF warehouse with office space for sublease.
      3601-3621 NW Yeon Ave, Portland, OR 97210
      View Details
    • Contact for pricing
      3,500 SF

      Adaptable Flex Space with Warehouse

      Flexible floor plan with warehouse space and quality finishes.
      2304-2314 NW Savier St, Portland, OR 97210
      View Details
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    2285 Johnson St
    Portland, OR 97210-3236
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    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
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