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Property profile & analytics
FOR LEASE
Retail space

2497 SE Burnside Rd Gresham, OR 97080

188,770 SF 17.13 ac lot Built 1977
Entity Owned Absentee Owner Free & Clear
Property ID
US71-0392752
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Total area 188,770 SF
Lot 17.13 ac (746,139 SF)
Zoning code CC
APN 1S3E11CA 00701
UPID US71-0392752
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$26.18M
Blend (final) Blend
$26.18M
Owner & transaction history
FRED MEYER STORES INC
FRED MEYER STORES INC
Zoning & alternative use
CC · Gresham, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4.0414 Community Commercial (CC) ............................................................................................ 4.0400-3 4.0415 Moderate Commercial (MC) .............................................................................................. 4.0400-3 Permitted Land Uses 4.0420 Permitted Land Uses ..........................................…

Zone name Community Commercial
General category COMMERCIAL
Zone area 202.19 ac
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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