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Property profile

2541 23rd Ave Ste 800 Forest Grove, OR 97116

OFF-MARKET
Warehouses
Property ID
US71-0996876
13,339 SF 0.97 ac lot
Last sale Dec 2014 · $430,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$9k
Tax billed · 2023
Assessed value$458k
Effective rate1.88%

Value estimate

· Oct 2026
$390k
$351k – $429k
Submarket $/SF estimate$1.60M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$174/SF
County average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$120 – $243
Qualifying comparables8

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?
GI
The zone is intended for industrial uses that are generally not compatible with residentialdevelopmentbecause of their operational charac...
General categoryINDUSTRIAL
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.8
Auto Repair Shop22.0
Wholesale Shop21.6

Location

2541 23rd Ave Ste, Unit 800 Forest Grove, OR 97116-1762
County assessor Recorded deeds · 2 transfers 8 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4028 24th, Forest Grove, OR 97116-2211 $2,300,000 Apr 2025 28,374 SF
3900 24th, Forest Grove, OR 97116-2263 $4,700,000 Aug 2022 34,000 SF
2617 23rd, Forest Grove, OR 97116-1759 $896,500 Feb 2022 8,700 SF
2345 Quince, Forest Grove, OR 97116-2103 $2,100,000 Aug 2021 20,043 SF
1812 16th, Forest Grove, OR 97116-2732 $190,000 Jan 2020 7,500 SF
3821 24th, Forest Grove, OR 97116-2206 $1,525,000 Mar 2019 28,960 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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