Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

450 NW 257 Way Troutdale, OR 97060

FOR LEASE
Retail space
Property ID
US71-0458584
0.72 ac lot
Last sale Jan 2016 · $28,425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This retail property is configured to support multiple tenant suite sizes for a range of retail uses, with tenant improvement options available for qualified tenants. It is located along Interstate 84 with freeway visibility and is positioned at a signalized intersection at NW 257th Way. The site includes on-site parking with an electric vehicle charging station.

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?
$4k
Tax billed · 2023
Assessed value$180k
Effective rate2.19%

Value estimate

· Oct 2026
$410k
$369k – $451k
NOI build-up
Gross scheduled income$2.96M
Vacancy & credit loss−$222k
Operating expenses−$820k
NOI · 7,089,477.78% cap applied$1.91M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$296/SF
County average, outlier-cleaned · 327 recorded sales of this use type
Observed band · Q1–Q3$171 – $419

Cap rate analysis

How does the asset earn?
7,089,477.78%
$1.91M 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?
IP
IP Industrial Park 3.450 LI Light Industrial 3.460 GI General Industrial 3.470 Other Districts 3.500 OS Open Space 3.520 Reserved 3.530 U...
General categoryINDUSTRIAL
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.2
Law Firm17.4
Realty agency17.0

Location

450 NW 257 Way Troutdale, OR 97060
County assessor Recorded deeds · 5 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

6 recorded sales · 7 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
255 Hist Columbia Riv, Troutdale, OR 97060 $337,920 Feb 2022 1,041 SF
1110 Wood Vlg, Wood Village, OR 97060-2668 $1,400,000 May 2021 7,551 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
5 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
Why this one?
Saved