Entity Owned Property summary
This exceptional Portland retail investment opportunity encompasses three lots totaling 20,000 square feet, featuring two buildings with 19,500 square feet of combined space. The property boasts charming architecture, heavy timber beams, and concrete block construction, renovated in 2019, including updated HVAC and a new gas furnace. Currently configured as multi-tenant retail with basement warehouse space, the property offers 8,500 square feet of first-floor retail, 5,500 square feet of… upper-floor space (including 3,000 square feet of retail and 2,500 square feet of unconditioned storage), and 5,500 square feet of basement space. The main tenant is vacating in September 2025, presenting an owner-user opportunity or potential for NNN leasing. The property includes 20 on-site parking spaces and a leased billboard generating over $1,000 monthly income. Zoned CM3, it offers significant potential for mixed-use residential/commercial development, with permitted uses including retail, office, residential, vehicle repair, institutional, and limited light industrial. The location on NE Sandy Boulevard benefits from convenient access to TriMet public transportation, high walkability, and bikeability scores. The asking price is $2,850,000, translating to $146.15 per square foot. Maximum building height is 65 feet (75 feet with bonus provisions), and the maximum floor area ratio is 3:1 (5:1 with bonus provisions). This prime location in a rapidly redeveloping area presents a compelling investment opportunity.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 9,000 SF
- Lot area
- 0.1 ac
- Year built
- 1928
- Stories
- 2
- APN
- 1N1E36BA 05900
- Zoning
- CG
- Assessed value · 2023
- $600,520
- Annual tax · 2023
- $15,913
- Commercial (general)
- Auto Repair, Garage
- Medical Building
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Location Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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