2625 98th Ave Portland, OR 97266-1301
Property profile & analytics
2625 98th Ave, Portland, OR 97266-1301
- Office Spaces
- 13,056 SF
- 0.93 lot acres
Property ID
US71-0589071
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.
Location Intelligence
Current Use by Public Records
- FSM Consulate Office Portland / Government Office
- Adventist Health / Insurance Agency
Property Details for 2625 98th Ave
- Year built
- 1999
- Lot size
- 0.93 lot acres
- Zone code
- CO2
- Property type
- Office Spaces
- APN
- 1S2E09AB 00100
- APU
- 1S2E09AB00100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 24, 2021 | $3,000,000 | Government Of Federated States Of M | Portland I LLC | Warranty Deed | — |
| Aug 23, 2017 | — | Portland I LLC | — | Deed · related | $710k · Us Bank NA |
| Jun 26, 2006 | — | Portland I LLC | Pm2 West | Quit Claim Deed · related | — |
| Oct 30, 1997 | — | Pm2 West LP | — | Grant Deed · related | $1.4M · Us Bank |
| Aug 15, 1997 | $425,000 | Pm2 West LP | Patel,pravin | Grant Deed | — |
| — | — | Pm2 West LP | — | Deed Of Trust · related | $160k · Sterling Bank |
| — | — | Portland I LLC | — | Deed Of Trust · related | $700k · Bank Of Whitman |
| — | — | Pm2 West LP | — | Deed Of Trust · related | $1.4M · Sterling Bank |
| — | — | Portland I LLC | — | Deed Of Trust · related | $900k · Us Bank NA |
| — | — | Pm2 West LP | — | Deed Of Trust · related | $200k · Sterling Savings Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,020,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,940,000
- 6.5%
- $2,710,000
- 7%
- $2,520,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,691,000
- AI Estimate
- $2,691,000
Market price range: $1.76M - $4.31MMarket price range: $1.76M - $4.31M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,690,000 Current use
- RESTAURANT
- $4,470,000 Change: +66% Conversion: Difficult
- MEDICAL BUILDING
- $3,945,000 Change: +47% Conversion: Easy
- RETAIL STORES
- $3,920,000 Change: +46% Conversion: Easy
- OFFICE BUILDING
- $3,775,000 Change: +40% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $3,470,000 Change: +29% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,290,000 Change: +22% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.563
- Latitude
- 45.5031
- 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
$0.00
$0.00
$0.00
$0.00
-
$810,060
$1,928,310
$2,738,370