Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

29 122nd Ave Portland, OR 97230

OFF-MARKET
Other investment properties
Property ID
US71-0159414
1,092 SF 0.25 ac lot Built 1950
Last sale Jun 2022 · $610,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is located in the Hazelwood neighborhood of Northeast Portland near the intersection of NE 122nd Avenue and E Burnside Street, within walking distance of the MAX Blue Line and with access to nearby bus lines. It is zoned Commercial Mixed Use 3 by the City of Portland, which allows a range of uses including retail, office, household living, and vehicle repair, and supports flexible development standards. The building includes off-street parking and is positioned along NE 122nd…

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?
$5k
Tax billed · 2023
Assessed value$214k
Effective rate2.35%

Value estimate

· Oct 2026
$535k
$482k – $589k
Submarket $/SF estimate$471k

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

Recently sold

What actually traded nearby?
$288/SF
Submarket average, outlier-cleaned · 517 recorded sales of this use type
Observed band · Q1–Q3$178 – $432
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?
CM
JurisdictionMULTNOMAH

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 Firm16.0
Realty agency12.8
Electrical Service12.3

Location

29 122nd Ave Portland, OR 97230-2101
County assessor Recorded deeds · 6 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

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15611 Glisan, Portland, OR 97230-4867 $308,000 Feb 2022 1,560 SF
320 181st, Portland, OR 97230-6618 $270,000 Dec 2018 1,132 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
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 29 122nd 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
Why this one?
Saved
Reason not saved — we won't ask again