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    Property profile & analytics

    2901 Thatcher Rd Forest Grove, OR 97116

    • Retail space
    • 2,400 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 02, 2020
    Location Intelligence
    Property ID
    US71-0859866
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 2901 Thatcher Rd

    Year built
    1976
    Lot size
    0.52 lot acres
    Property size
    2,400 SF
    Zone code
    CN
    Property type
    Retail space
    APN
    1N436BD-11000
    APU
    1N436BD11000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forest Grove
    County
    Washington
    State
    Oregon
    Longitude
    -123.125
    Latitude
    45.5301
    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
    $4,603
    $0.00
    $0.00
    $245,210
    -
    $375,390
    $296,820
    $672,210

    Comparable in this City

    • Value Estimation by Request
      6,412 SF

      2008 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,412 SF
      2008 Main St, Forest Grove, OR 97116-2335
      View Details
    • Value Estimation by Request
      15,324 SF

      2017 Main St

      RETAIL STORES (PERSONAL SERVICES) • 15,324 SF
      2017 Main St, Forest Grove, OR 97116-2334
      View Details
    • Value Estimation by Request
      18,352 SF

      2903 Pacific Ave

      RETAIL STORES (PERSONAL SERVICES) • 18,352 SF
      2903 Pacific Ave, Forest Grove, OR 97116-1847
      View Details
    • Value Estimation by Request
      30,650 SF

      3207 Pacific Ave

      RETAIL STORES (PERSONAL SERVICES) • 30,650 SF
      3207 Pacific Ave, Forest Grove, OR 97116
      View Details
    • Value Estimation by Request
      7,322 SF

      2032 Pacific Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,322 SF
      2032 Pacific Ave, Forest Grove, OR 97116-2357
      View Details
    • Value Estimation by Request
      7,611 SF

      1832 Pacific Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,611 SF
      1832 Pacific Ave, Forest Grove, OR 97116-2875
      View Details

    Similar Nearby for Sale

    • $1,100,000
      5,055 SF

      Downtown Forest Grove Storefront

      High-Income Retail Investment
      1822 21St Ave, Forest Grove, OR 97116
      View Details
    • $775,000
      3,936 SF

      Retail Space Near Pacific University

      Retail property with high visibility near Pacific University.
      1904 Elm St, Forest Grove, OR 97116
      View Details
    • $999,000
      7,600 SF

      Commercial Building in Forest Grove

      Two-story commercial building with basement in high-traffic location.
      2038 Pacific Ave, Forest Grove, OR 97116
      View Details
    • $2,500,000
      10,268 SF

      Downtown Forest Grove Leased Building

      Restaurant, bar, stage, dance floor, and arcade included.
      1927 21St Ave, Forest Grove, OR 97116
      View Details
    • $120,000
      0.22 Acres

      Commercial Land in Forest Grove

      Commercial land available for development in Forest Grove, Oregon.
      C St Lot, Forest Grove, OR 97116
      View Details
    • Contact for pricing

      West Side Industrial Land

      Industrial land with easy highway access and wide range of uses.
      2304 Maple St, Forest Grove, OR 97116
      View Details

    Similar Nearby for Lease

    • $1,100 /Mo
      7,850 SF

      Retail Space Near Forest Grove

      Retail space available near Forest Grove and Cornelius.
      39675 NW Verboort Rd, Forest Grove, OR 97116
      View Details
    • Contact for pricing
      5,600 SF

      Safeway Anchored Retail Space

      Retail space in Forest Grove's central shopping hub.
      3018 Pacific Ave, Forest Grove, OR 97116
      View Details
    • Contact for pricing
      634,800 SF

      Forest Grove Industrial Campus

      New Class A Manufacturing Space Available
      600 Elm St, Forest Grove, OR 97116
      View Details
    • $3 SF/Yr
      13,000 SF

      High Visibility Land For Lease

      Highly visible commercial land available for ground lease.
      3322 Pacific Ave, Forest Grove, OR 97116
      View Details

    Property Visit Statistics

    • Visits by month
      10.0k
    • Visitors by month
      5.3k
    • Avg Time on site
      9 min
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    2901 Thatcher Rd
    Forest Grove, OR 97116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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