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    Property profile & analytics

    2311 Powell Blvd Gresham, OR 97080-1313

    • Sports & entertainment properties
    • 23,486 SF
    • 2.13 lot acres
    OFF-MARKET
    Value Estimation
    $2,695,000
    Last Sale
    Nov 20, 2020
    $2,500,000
    Location Intelligence
    Property ID
    US71-0808416
    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

    • Sports & entertainment properties

    Property Details for 2311 Powell Blvd

    Year built
    1962
    Lot size
    2.13 lot acres
    Property size
    23,486 SF
    Zone code
    MC
    Property type
    Sports & entertainment properties
    APN
    1S3E11CB 01200
    APU
    1S3E11CB01200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,485,000
      6.5%
      $2,315,000
      7%
      $2,705,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,120,000
      Geo Method
      $2,730,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,395,000
      Retail
      $2,930,000
      Mixed-Use
      $2,565,000
      Hospitality
      $2,655,000
      Educational
      $2,935,000
      Residential Income
      $2,535,000
      Energy
      $2,720,000
      Income-Based Land
      $2,495,000
      Food Service
      $2,295,000

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.409
    Latitude
    45.4953
    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
    $26,995
    $0.00
    $0.00
    $1,433,800
    -
    $2,111,040
    $636,040
    $2,747,080

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      30639 Blf Rd

      RECREATIONAL, ENTERTAINMENT • 3,600 SF
      30639 Blf Rd, Gresham, OR 97080-8819
      View Details
    • Value Estimation by Request
      6,780 SF

      1414 Butler Rd

      RECREATIONAL, ENTERTAINMENT • 6,780 SF
      1414 Butler Rd, Gresham, OR 97080-0010
      View Details
    • Value Estimation by Request
      31.05 Acres

      Fleming Ave

      RECREATIONAL, ENTERTAINMENT • 31.05 Acres
      Fleming Ave, Gresham, OR 97080
      View Details
    • Value Estimation
      $1,765,000
      18,444 SF

      500 Butler Rd

      RECREATIONAL, ENTERTAINMENT • 18,444 SF
      500 Butler Rd, Gresham, OR 97080-9410
      View Details
    • Value Estimation by Request
      3,046 SF

      1406 Butler Rd

      RECREATIONAL, ENTERTAINMENT • 3,046 SF
      1406 Butler Rd, Gresham, OR 97080-0010
      View Details
    • Value Estimation by Request
      855 SF

      101 Ss Main Ave

      RECREATIONAL, ENTERTAINMENT • 855 SF
      101 Ss Main Ave, Gresham, OR 97080
      View Details

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    Similar Nearby for Lease

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      Retail space available in Fred Meyer-anchored shopping center.
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      View Details
    • Contact for pricing
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      Prime Gresham retail space, multiple suites available.
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      View Details
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    Gresham, OR 97080-1313
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    Realmo Value Estimation

    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.

    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.

    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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