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Financial
Distress signals
Property profile

255 SW 1St Ave Canby, OR 97013

FOR SALE
Other commercial real estate
Property ID
US71-0585989
0.27 ac lot Built 1990
Last sale Sep 2024 · $770,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This two-unit commercial building contains a total of 3,114 square feet on a 0.27-acre parcel and directly fronts First Avenue (Oregon Route 99E). The property is zoned C-2 Highway Commercial and comprises two suites totaling 1,056 square feet and 2,058 square feet, with one suite currently occupied and the other vacant, allowing for separate tenancy or owner use. The building’s configuration provides street-facing presence and signage exposure along Oregon Route 99E, and it is positioned for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$442k
Effective rate1.78%

Value estimate

· Oct 2026
$770k
$693k – $847k
AI approach$770k
NOI build-up
Gross scheduled income$67k
Vacancy & credit loss−$5k
Operating expenses−$19k
NOI · 4.56% cap applied$43k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$392/SF
County average, outlier-cleaned · 95 recorded sales of this use type
Observed band · Q1–Q3$207 – $650

Cap rate analysis

How does the asset earn?
4.56%
$43k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionCLACKAMAS

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 Firm21.4
Wholesale Shop19.4
Electrical Service16.7

Location

255 SW 1St Ave Canby, OR 97013
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
Canby, OR 97013 $1,400,000 Feb 2026 No data
334 1st, Canby, OR 97013-3533 $230,000 Jan 2026 No data
238 1st, Canby, OR 97013-3622 $525,000 Dec 2025 No data
318 1st, Canby, OR 97013-3817 $150,000 Jul 2025 No data
314 1st, Canby, OR 97013-3533 $330,000 May 2025 No data
310 3rd Ave, Canby, OR 97013-3603 $400,000 May 2025 No data
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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