Technical
Financial
Distress signals
Property profile

2700 Pacific Ave Forest Grove, OR 97116

OFF-MARKET
Auto shops
Property ID
US71-0097531
4,904 SF 1.33 ac lot Built 1984
Entity Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1984
Total area 4,904 SF
Lot 1.33 ac (57,935 SF)
Zoning code CC
APN 1S306AA-01001
UPID US71-0097531

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2700 Pacific Ave Forest Grove, OR 97116-1856
Forest Grove metro Census 33102 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$635k

Owner & transaction history

since 2018
6 recorded transactions
2022
Price N/A
2018
Price N/A
2018
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Forest Grove, OR
Zoning description

The CC zone is established to promote a concentration of mixed uses including retail, service, office and residential uses along the regional transit corridor

General category MIXED_USE
Top alternative use upside
Medical building $1.6M +96.3%
Commercial (general) $1.4M +70.6%
Retail stores $1.1M +37.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2700 Pacific Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message