Property profile

5401 NE Cully Blvd Portland, OR 97218

FOR SALE
Retail space
Property ID
US71-0479672
864 SF 0.08 ac lot Built 1973
Individually Owned 36-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 5401 NE Cully Blvd Unit 5401 in Portland, Oregon, presents a fantastic investment opportunity. Boasting 864 square feet of versatile space, this general commercial property sits on a 0.08-acre lot, offering ample potential for a variety of businesses. The property's location in Portland provides excellent access to transportation networks and a thriving local community. The asking price is $350,000, representing a compelling value for a property of this size and location. The property's layout is adaptable to suit a range of commercial uses, making it an ideal choice for entrepreneurs and established businesses alike. Its strategic position within Portland offers significant potential for growth and return on investment. The 0.08-acre lot provides ample space for outdoor activities or potential expansion. Serious inquiries are encouraged to explore the possibilities this property offers. This is a rare opportunity to acquire a well-situated commercial property in a dynamic and growing area of Portland. The property is ready for immediate occupancy, allowing for a swift start to your business operations. Don't miss this chance to secure a valuable asset in a highly desirable location. Contact us today to schedule a viewing and learn more about this exceptional investment opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Total area 864 SF
Lot 0.08 ac (3,485 SF)
Zoning code CN2H
APN 1N2E20BB 00200
UPID US71-0479672

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
  • Hair Salon Nail Salon

Location

5401 NE Cully Blvd Portland, OR 97218
Portland metro Census 7500 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
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 1990
1 recorded transaction
1990
$55,000

Zoning & alternative use

CN2H · Portland, OR

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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