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Financial
Distress signals
Property profile

232 9th Ave Portland, OR 97232

OFF-MARKET
Other warehouses
Property ID
US71-1908143
8,840 SF 0.19 ac lot Built 1950
Last sale Dec 2002 · $775,000
Individually Owned Owner of record is an individual. 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office space totaling 3,100 square feet. It includes five private offices, executive offices, and a conference room, along with additional storage space. The space is equipped with restrooms and a kitchenette.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$608k
Effective rate2.65%

Value estimate

· Oct 2026
$710k
$639k – $781k
Submarket $/SF estimate$2.09M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
Submarket average, outlier-cleaned · 200 recorded sales of this use type
Observed band · Q1–Q3$136 – $309
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IG1
The General Industrial zones are two of the three zones that implement the Industrial Sanctuary map designation of the Comprehensive Plan...
General categoryINDUSTRIAL
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Tanning Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tanning Salon7.8
Mobile Phone Store7.8
Pet Grooming Service7.6

Location

232 9th Ave Portland, OR 97232-2915
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2400 Holladay, Portland, OR 97232-2319 $1,000,000 Dec 2025 10,683 SF
1205 33rd, Portland, OR 97232-1936 $1,922,802 Sep 2024 15,000 SF
601 28th, Portland, OR 97232-2404 $355,000 Sep 2023 11,110 SF
2316 Glisan, Portland, OR 97232-2312 $1,398,000 May 2023 4,480 SF
1500 Sandy, Portland, OR 97232-3017 $3,069,865 Jul 2021 10,473 SF
929 23rd, Portland, OR 97232-2220 $1,386,383 Apr 2021 5,032 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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