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

    2310 N Vancouver Ave Portland, OR 97227

    • Commercial land
    • 0.11 lot acres
    For Sale
    View listing
    $399,900
    Last Sale
    May 19, 2025
    $640,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-1507303
    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

    • Commercial land

    Property Details for 2310 N Vancouver Ave

    Lot size
    0.11 lot acres
    Zone code
    RHD
    Property type
    Commercial land
    APN
    1N1E27DB 00700
    APU
    1N1E27DB00700

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $560,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.667
    Latitude
    45.5397
    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
    $1,229
    $0.00
    $0.00
    $46,370
    -
    $750,000
    $0.00
    $750,000

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      Russell St

      VACANT COMMERCIAL LAND • 0.08 Acres
      Russell St, Portland, OR 97227
      View Details
    • Value Estimation by Request
      0.14 Acres

      4043 Williams Ave

      VACANT COMMERCIAL LAND • 1,405 SF
      4043 Williams Ave, Portland, OR 97227-1446
      View Details
    • Value Estimation by Request
      0.04 Acres

      Interstate Ave

      VACANT COMMERCIAL LAND • 0.04 Acres
      Interstate Ave, Portland, OR 97227
      View Details
    • Value Estimation by Request
      0.15 Acres

      Page St

      VACANT COMMERCIAL LAND • 0.15 Acres
      Page St, Portland, OR 97227
      View Details
    • Value Estimation by Request
      0.17 Acres

      Broadway

      VACANT COMMERCIAL LAND • 0.17 Acres
      Broadway, Portland, OR 97227
      View Details
    • Value Estimation by Request
      0.11 Acres

      4042 Mississippi Ave

      VACANT COMMERCIAL LAND • 0.11 Acres
      4042 Mississippi Ave, Portland, OR 97227-1165
      View Details

    Similar Nearby for Sale

    • $399,900

      Prime Land in Vancouver-Williams Corridor

      Vacant land suited for high-density residential, mixed-use, or commercial development.
      2310 N Vancouver Ave, Portland, OR 97227
      View Details
    • $3,200,000
      11,800 SF

      Permit Ready Development Opportunity

      Two permit-ready 30-unit development opportunities in North Portland.
      4037 N Williams Ave, Portland, OR 97227
      View Details
    • $1,650,000
      5,000 SF

      Entitled Multifamily and Commercial Project

      5,000 SF infill parcel with entitlements for 29 units.
      3952 N Williams Ave, Portland, OR 97227
      View Details
    • $3,200,000
      11,800.00 Acres

      North Portland Development Opportunity

      Permit-ready, 60-unit multifamily land
      4037 Williams Ave, 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
    • Contact for pricing
      138,520 SF

      Portland Warehouse Space Available

      138,520 SF warehouse space in Portland, Oregon.
      900 N Thunderbird Way, 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
    • Contact for pricing
      10,900 SF

      Warehouse Space with Easy Access

      Grade level warehouse with optional office space for lease.
      2303 N Randolph Ave, Portland, OR 97227
      View Details
    • Contact for pricing
      9,384 SF

      Portland Warehouse with Conditioned Space

      Warehouse with fenced parking and attractive office finishes available for rent.
      2503 N Albina Ave, Portland, OR 97227
      View Details
    • $28 SF/Yr
      8,907 SF

      Plug & Play Office Space

      Office space with furniture, terrace, and parking available for rent.
      4073 N 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
    • $1.25 SF/Yr
      5,100 SF

      Industrial Space Available For Lease

      Industrial property with 5,100 square feet available for lease.
      1502-1522 N Interstate 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.
    2310 N Vancouver Ave
    Portland, OR 97227
    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.