Technical
Financial
Distress signals
Property profile

3034 Pacific Ave Forest Grove, OR 97116

OFF-MARKET
Retail space
Property ID
US71-0852215
2,400 SF 0.47 ac lot Built 1991
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Total area 2,400 SF
Lot 0.47 ac (20,473 SF)
Zoning code CC
APN 1S305BB-02801
UPID US71-0852215

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Atm
  • Veterinary Clinic

Location

3034 Pacific Ave Forest Grove, OR 97116-1891
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
$799k
Blend (final) Blend
$460k

Owner & transaction history

since 2019
1 recorded transaction
2019
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 $765,000 +42.5%
Commercial (general) $665,000 +23.9%

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 3034 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