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    Property profile & analytics

    3510 122nd Ave, Unit 3544 Portland, OR 97236-3402

    • Retail space
    • 44,909 SF
    • 4.04 lot acres
    OFF-MARKET
    Value Estimation
    $9,485,000
    Last Sale
    Dec 16, 2022
    $9,300,000
    Location Intelligence
    Property ID
    US71-0532762
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Guthire Linda / Nursing Agency
    • Metro by T-Mobile / Cell Phone Store / Cell Phone Accessory Store
    • Archaeological Investigations / Association Or Organization
    • Archaeological Investigations Northwest, Inc. / Consultant / Association / Organization
    • Dr. Thomas P. Henry, MD / Doctor

    Property Details for 3510 122nd Ave

    Year built
    1960
    Lot size
    4.04 lot acres
    Property size
    44,909 SF
    Zone code
    CG
    Property type
    Retail space
    APN
    1S2E11CB 01000
    APU
    1S2E11CB01000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $9,475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,505,000
      6.5%
      $9,395,000
      7%
      $9,485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,295,000
      Geo Method
      $11,215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,045,000
      Retail
      $10,405,000
      Mixed-Use
      $9,055,000
      Hospitality
      $9,510,000
      Educational
      $8,225,000
      Residential Income
      $9,465,000
      Energy
      $9,830,000
      Income-Based Land
      $8,905,000
      Food Service
      $9,470,000

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.537
    Latitude
    45.4961
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $99,176
    $0.00
    $0.00
    $4,219,580
    -
    $2,110,380
    $7,604,130
    $9,714,510

    Comparable in this City

    • Value Estimation by Request
      6,408 SF

      13110 Division St

      RETAIL STORES (PERSONAL SERVICES) • 6,408 SF
      13110 Division St, Portland, OR 97236-3092
      View Details
    • Value Estimation by Request
      2,690 SF

      18150 Division St

      RETAIL STORES (PERSONAL SERVICES) • 2,690 SF
      18150 Division St, Portland, OR 97236-1070
      View Details
    • Value Estimation by Request
      14,965 SF

      17112 Powell Blvd

      RETAIL STORES (PERSONAL SERVICES) • 14,965 SF
      17112 Powell Blvd, Portland, OR 97236-8701
      View Details
    • Value Estimation by Request
      4,456 SF

      2602 162nd Ave, Unit 2628

      RETAIL STORES (PERSONAL SERVICES) • 4,456 SF
      2602 162nd Ave, Portland, OR 97236-1978
      View Details
    • Value Estimation by Request
      1,540 SF

      14011 Division St

      RETAIL STORES (PERSONAL SERVICES) • 1,540 SF
      14011 Division St, Portland, OR 97236-2846
      View Details
    • Value Estimation by Request
      1,120 SF

      16955 Division St

      RETAIL STORES (PERSONAL SERVICES) • 1,120 SF
      16955 Division St, Portland, OR 97236-1457
      View Details

    Similar Nearby for Sale

    • $500,000

      Retail Property Near National Retailers

      Retail space with high visibility and abundant parking.
      16603 SE Division St, Portland, OR 97236
      View Details
    • Contact for pricing

      Freestanding Retail/Office/Flex Building

      Freestanding retail building with flexible layout for retail, office, flex.
      16716 SE Division St, Portland, OR 97236
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      Restaurant on Half-Acre Lot

      Restaurant on a half-acre lot, great investment opportunity.
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    • $675,000
      250 SF

      Portland Industrial Portfolio: Two Buildings

      Owner-user opportunity: Flex space, high traffic area.
      12250 Division St, Portland, OR 97236
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    • Contact for pricing
      2,572 SF

      Portland Mixed-Use Building

      Live/Work Space, 2572 SF
      16521 Powell Blvd, Portland, OR 97236
      View Details
    • $2,500,000

      Turnkey Restaurant Opportunity

      Restaurant for sale including all furniture, fixtures, and equipment.
      4141 NE 122Nd Ave, Portland, OR 97236
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    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space at Lit Intersection

      Retail space available at a corner location in Portland, Oregon.
      17218 SE Powell Blvd, Portland, OR 97236
      View Details
    • Contact for pricing

      Retail Space Near Fred Meyer

      Retail suites available in high-visibility Portland location.
      2520 SE 145Th Ave, Portland, OR 97236
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space at Division Crossing

      Retail space with high visibility and accessibility in Portland, OR.
      16261 SE Division St, Portland, OR 97236
      View Details
    • Contact for pricing

      Commercial Land in Airport Way

      Located in the heart of the Airport Way trade area.
      5950 NE 122Nd Ave, Portland, OR 97236
      View Details
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    Portland, OR 97236-3402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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