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Financial
Distress signals
Property profile

537 Ash St Portland, OR 97214

OFF-MARKET
Other office properties
Property ID
US71-0301075
40,000 SF 0.23 ac lot Built 1912
Last sale Jan 2019 · $13,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a historic office building in Portland, Oregon, configured with office suites that include seismic upgrades and an open-plan layout using divider walls. Common amenities include a shared conference room, tenant bike parking, and on-site storage, and some suites feature kitchenettes. The interior design includes hardwood floors with exposed brick and visible beams, and many spaces use operable, large south-facing windows that provide natural light and downtown views. The building…

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.

Debts

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?
$72k
Tax billed · 2023
Assessed value$2.72M
Effective rate2.65%

Value estimate

· Oct 2026
$8.53M
$7.67M – $9.38M
Submarket $/SF estimate$8.53M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$290/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$213 – $415
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
EXD
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.4
Optical Shop8.5
Pet Grooming Service8.4

Location

537 Ash St Portland, OR 97214-1158
County assessor Recorded deeds · 14 transfers 5 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1120 Madison, Portland, OR 97214-3618 $10,350,000 Oct 2024 34,930 SF
211 Caruthers, Portland, OR 97214-4502 $10,995,000 Aug 2024 44,835 SF
107 Washington, Portland, OR 97214-2103 $14,442,000 Jun 2024 133,804 SF
850 3rd, Portland, OR 97214-2579 $5,073,750 Mar 2024 41,173 SF
905 14th, Portland, OR 97214-2549 $4,900,000 Aug 2023 12,154 SF
537 Alder, Portland, OR 97214-2231 $2,350,000 Nov 2019 12,254 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
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