Financial
Distress signals
Property profile

323 W Powell Blvd Gresham, OR 97030

FOR SALE
Other investment properties
Property ID
US71-1737268
1,446 SF 0.28 ac lot Built 1908
Last sale Jun 2011 · $315,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
323 W Powell Blvd, Gresham, OR 97030 For Sale
$550,000 1,446 SF
323 W Powell Blvd, Gresham, OR 97030
View Listing

Property summary

AI-generated overview

An ADA-compliant commercial building designed for service-oriented and flexible business uses. The interior includes five hair stations, manicure and pedicure areas, two private rooms, two restrooms, and a kitchen/break room, all arranged within a flexible floor plan intended to accommodate multiple operational concepts. The property also includes a fenced yard providing usable outdoor space. It is located on a busy street with on-site parking for customer access. Commercial zoning is described…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$170k
Effective rate1.88%

Value estimate

· Sep 2026
$275k
$248k – $303k
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 2.91% cap applied$16k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$247/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$180 – $340
Qualifying comparables13

Cap rate analysis

How does the asset earn?
2.91%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CUC
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.5
Storage Facility8.2
Catering Service8.1

Location

323 W Powell Blvd Gresham, OR 97030
County assessor Recorded deeds · 2 transfers 13 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
810 Main, Gresham, OR 97030-5538 $600,000 Jul 2023 1,512 SF
780 Main, Gresham, OR 97030-7240 $540,000 Jan 2023 1,640 SF
1024 Division, Gresham, OR 97030-5729 $529,000 Jan 2022 1,455 SF
502 Main, Gresham, OR 97030-7236 $517,000 Jan 2021 1,610 SF
212 Cleveland, Gresham, OR 97030-7906 $325,000 Mar 2020 1,708 SF
135 1st, Gresham, OR 97030-7215 $163,500 Nov 2018 1,632 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
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?”
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