Technical
Financial
Distress signals
Property profile

22867 Townsend Way 22887 Fairview, OR 97024

OFF-MARKET
Warehouses
Property ID
US71-0762983
107,380 SF 5.47 ac lot Built 2008
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2008
Total area 107,380 SF
Lot 5.47 ac (238,273 SF)
Zoning code GI
APN 1N3E27B 00507
UPID US71-0762983

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

22867 Townsend Way, Unit 22887 Fairview, OR 97024-4625
Fairview metro Census 10200 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
$26.14M
Blend (final) Blend
$26.14M

Owner & transaction history

since 2008
4 recorded transactions
2008
$24.5M
2007
$4.9M
2007
Price N/A
1969
Price N/A

Zoning & alternative use

GI · Fairview, OR
Zoning description

19.85 General Industrial (GI) District 19.95 Airport Overlay 19.100 Culturally Sensitive Lands 19.105 Floodplain Overlay 19.106 Natural Resource Regulations 19.107 South Fairview Lake Design Overlay 19.108 Community Serv…

General category INDUSTRIAL
Top alternative use upside
Restaurant $38.4M +71.6%
Medical building $32.4M +44.9%
Auto repair, garage $31.8M +42.2%

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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