Property profile

522 Belmont St Portland, OR 97214

OFF-MARKET
Medical Office Space
Property ID
US71-1803353
5,000 SF 0.11 ac lot Built 1924
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1924
Total area 5,000 SF
Lot 0.11 ac (5,000 SF)
Zoning code EX
APN 1S1E02BB 07800
UPID US71-1803353

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
  • Dental Office
  • Dental Office

Location

522 Belmont St Portland, OR 97214-2308
Portland metro Census 1101 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.63M
Blend (final) Blend
$640k

Owner & transaction history

since 2005
7 recorded transactions
2020
Price N/A
2005
$599,000
2001
$225,000
2001
$505,000
1997
$225,000
1990
$200,000
1969
Price N/A

Zoning & alternative use

EX · Portland, OR
Zoning description

This zone implements the Central Employment map designation of the Comprehensive Plan. The zone allows mixed uses and is intended for areas in the center of the City that have predominantly industrial type development. T…

General category MIXED_USE
Top alternative use upside
Restaurant $1.7M +13.4%
Retail stores $1.6M +6.5%
Auto repair, garage $1.5M +1.1%

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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