Realmo Analytics

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Property profile

3004 50th Ave Portland, OR 97206

OFF-MARKET
Other commercial real estate
Property ID
US71-0600474
1,280 SF 0.11 ac lot Built 1949
Last sale Mar 1994 · $70,000
Individually Owned Owner of record is an individual. 32-yr Hold Held for 32 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A small commercial office building on a corner lot along SE 50th Avenue with on-site parking and street-facing presence. The interior layout includes a front open work area suitable for reception and collaborative or bullpen-style seating, three private offices, and a fourth enclosed room that can serve as a conference room or additional office while maintaining an interior visual connection to the main workspace via an interior window. Additional interior spaces include a storage room,…

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?
$4k
Tax billed · 2023
Assessed value$151k
Effective rate2.65%

Value estimate

· Nov 2026
$380k
$342k – $418k

Realmo valuation models over county records and 11 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 comparables11

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?
CG
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 Firm15.2
HVAC Service13.0
Parking Facility12.4

Location

3004 50th Ave Portland, OR 97206-2245
County assessor Recorded deeds · 2 transfers 11 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5711 Foster, Portland, OR 97206-3865 $380,000 Mar 2024 1,200 SF
8064 Harold, Portland, OR 97206-5148 $320,000 Apr 2023 2,196 SF
4916-4918 Division, Portland, OR 97206 $700,000 Dec 2022 1,560 SF
5821 Powell, Portland, OR 97206-2857 $600,000 May 2020 2,468 SF
6601 Foster, Portland, OR 97206-4533 $18,860 Aug 2019 1,817 SF
3114 50th, Portland, OR 97206-2247 $350,000 Feb 2019 1,502 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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