$1,495,000 2,496 SF

3332 N Lombard St, Portland, OR 97217
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The property is located in Portland’s Kenton neighborhood at the corner of N Lombard and N Vincent. It is an urban commercial building with a secured entrance and a courtyard equipped with key-code lockers. The site provides onsite free parking at approximately 2 spaces per 1,000 square feet and also includes free street parking. The location has frontage and signage opportunities along Lombard Street, which experiences approximately 30,000 vehicles per day, and is positioned near the Willamette River and nearby parks as well as public transportation.

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?

$12k

Tax billed · 2023

Assessed value$449k

Effective rate2.65%

Value estimate

· Oct 2026

$430k

$387k – $473k

Submarket $/SF estimate$913k

NOI build-up

Gross scheduled income$91k

Vacancy & credit loss−$22k

Operating expenses−$17k

NOI · 3.46% cap applied$52k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$302/SF

Submarket average, outlier-cleaned · 59 recorded sales of this use type

Observed band · Q1–Q3$143 – $419

Cap rate analysis

How does the asset earn?

3.46%

$52k 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?

CN2

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 Firm22.8

HVAC Service13.1

Accounting Firm11.1

3332 N Lombard St Portland, OR 97217

County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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

1 recorded sale · 18 properties nearby

Address Sale price Sold Size

6445 Greeley, Portland, OR 97217-5023 $2,600,000 Jun 2021 6,224 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

Value Estimation
$435,000

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Value Estimation
$1,175,000

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3515 Lombard St

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3515 Lombard St, Portland, OR 97217

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Value Estimation
$290,000

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3000 Wi N Lombard St

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3000 Wi N Lombard St, Portland, OR 97217

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Value Estimation
$2,605,000

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6445 Greeley Ave

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6445 Greeley Ave, Portland, OR 97217-5023

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Value Estimation
$2,205,000

8,345 SF

3000 Lombard St

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3000 Lombard St, Portland, OR 97217-1244

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Value Estimation
$3,025,000

10,009 SF

4920 Interstate Ave

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4920 Interstate Ave, Portland, OR 97217-3653

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