Realmo Analytics

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Property profile

322 8th Ave Portland, OR 97209

OFF-MARKET
Other office properties
Property ID
US71-0058779
5,000 SF 0.11 ac lot Built 1926
Last sale Sep 2006 · $275,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Ground-floor commercial space with an open, light-filled floor plan supported by skylights. The interior layout includes a glass-walled conference room, two private offices, a spacious entry area with a roll-up garage door, and a large break room or flex space plus a designated kitchen. The space contains two private restrooms, including an ADA-compliant restroom with a shower. The building has been seismically upgraded and is fully sprinklered, and the space is positioned in a central, walkable area.

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?
$13k
Tax billed · 2023
Assessed value$497k
Effective rate2.65%

Value estimate

· Nov 2026
$310k
$279k – $341k
Submarket $/SF estimate$1.07M

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

Recently sold

What actually traded nearby?
$333/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$214 – $443
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?
CXD
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Buffet
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Buffet6.8
Adult Day Care Center6.8
Tanning Salon6.3

Location

322 8th Ave Portland, OR 97209-3504
County assessor Recorded deeds · 8 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1325 Flanders, Portland, OR 97209-2641 $1,452,500 Dec 2025 7,136 SF
2066 Irving, Portland, OR 97209-1200 $1,250,000 Jun 2025 3,220 SF
281 Burnside, Portland, OR 97209-3914 $2,023,714 Mar 2022 4,124 SF
828 19th, Portland, OR 97209-1402 $2,300,000 Oct 2021 7,344 SF
338 6th, Portland, OR 97209-3611 $1,500,000 Sep 2021 5,000 SF
1305 18th, Portland, OR 97209-2418 $2,100,000 Dec 2019 5,452 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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