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Financial
Distress signals
Property profile

3500 Hawthorne Blvd 3518 Portland, OR 97214

OFF-MARKET
Retail space
Property ID
US71-0707120
7,081 SF 0.17 ac lot Built 1923
Last sale Apr 1998
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,140 square foot restaurant space is located on a prime corner lot at 3500 SE Hawthorne Blvd in Portland, Oregon, within Multnomah County (zip code 97214). The property is part of a larger retail building totaling 7,081 square feet, offering a strong presence on a busy thoroughfare. This is a second-generation restaurant space, meaning it's ready for immediate occupancy by a new tenant, having previously housed a restaurant operation. The space is ideal for a variety of…

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.

Debts

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?
$19k
Tax billed · 2023
Assessed value$727k
Effective rate2.65%

Value estimate

· Oct 2026
$475k
$428k – $523k
Submarket $/SF estimate$3.00M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$322/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$153 – $448
Qualifying comparables6

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?
CS
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility16.3
HVAC Service13.5
Dental Office13.1

Location

3500 Hawthorne Blvd, Unit 3518 Portland, OR 97214-5142
County assessor Recorded deeds · 1 transfer 6 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
1420 37th, Portland, OR 97214-5104 $150,000 Oct 2024 5,800 SF
1921 Hawthorne, Portland, OR 97214-3817 $385,000 Apr 2024 9,460 SF
1311 7th, Portland, OR 97214-3594 $3,050,000 Apr 2024 10,000 SF
1734 Burnside, Portland, OR 97214-1532 $1,500,000 Feb 2024 4,450 SF
1844 Hawthorne, Portland, OR 97214-3816 $1,900,000 Sep 2023 5,964 SF
2034 Belmont, Portland, OR 97214-2875 $1,125,000 Jun 2023 4,880 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
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