Technical
Financial
Distress signals
Property profile

3650 Pacific Ave Forest Grove, OR 97116

OFF-MARKET
Retail space
Property ID
US71-1174205
13,910 SF 1.35 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 13,910 SF
Lot 1.35 ac (58,806 SF)
Zoning code CC
APN 1S305AB-00504
UPID US71-1174205

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Building Supply
  • Bank Loan Service
  • Atm
  • Restaurant
  • Medical Clinic

Location

3650 Pacific Ave Forest Grove, OR 97116-3100
Forest Grove metro Census 33102 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.34M
Blend (final) Blend
$4.35M

Owner & transaction history

since 2018
7 recorded transactions
2021
Price N/A
2019
Price N/A
2018
Price N/A
2016
$1.1M
2012
Price N/A
2011
Price N/A
2011
Price N/A

Zoning & alternative use

CC · Forest Grove, OR
Zoning description

The CC zone is established to promote a concentration of mixed uses including retail, service, office and residential uses along the regional transit corridor

General category MIXED_USE
Top alternative use upside
Medical building $4.4M +42.5%
Restaurant $4.2M +35.3%
Commercial (general) $3.9M +23.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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