Financial
Distress signals
Property profile

52 NW 2 St Gresham, OR 97030

FOR LEASE
Retail space
Property ID
US71-1861345
1,056 SF 0.05 ac lot Built 1952
Last sale Jan 2024 · $405,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A move-in ready 1,056 sq. ft. office/retail/medical building in downtown Gresham. The interior layout includes one ADA-compliant restroom and a kitchenette area, with design elements intended to provide abundant natural light. The building is serviced by a roof-mounted HVAC system. Site access includes on-street parking nearby and additional city parking lot space across the street, plus space at the rear of the building for parking that can accommodate up to two stalls. The property’s…

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.

Mortgages

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?
$2k
Tax billed · 2023
Assessed value$121k
Effective rate1.88%

Value estimate

· Sep 2026
$405k
$365k – $446k
AI approach$405k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 389.63% cap applied$12k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$152/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$127 – $205

Cap rate analysis

How does the asset earn?
389.63%
$12k 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?
CUC
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.5
Catering Service8.1
Storage Facility7.3

Location

52 NW 2 St Gresham, OR 97030
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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24307 Stark, Gresham, OR 97030-3391 $600,000 Jun 2025 1,188 SF
60 Division, Gresham, OR 97030-5518 $270,000 Sep 2024 1,947 SF
720 Burnside, Gresham, OR 97030-3922 $360,000 Mar 2024 2,410 SF
505 Burnside, Gresham, OR 97030-3741 $1,475,000 Jul 2023 3,465 SF
21977 Stark, Gresham, OR 97030-2033 $391,500 Aug 2022 3,680 SF
115-117 Main, Gresham, OR 97030 $590,000 Jan 2021 3,660 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
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