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Property profile

55 1st St 75 Gresham, OR 97030

OFF-MARKET
Retail space
Property ID
US71-0985445
View Sample
5,581 SF 0.15 ac lot Built 1972
Entity Owned 2-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Total area 5,581 SF
Lot 0.15 ac (6,400 SF)
Zoning code CUC
APN 1S3E10BC 04300
UPID US71-0985445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$960k
CAP Approach CAP
$1.00M
Comparable Approach Comparable
$875k
Blend (final) Blend
$960k

Owner & transaction history

since 2024
Last sale
$962,000
4 recorded transactions
2024
$962,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CUC · Gresham, OR
Top alternative use upside
Apartment house (5+ units) $1.5M +72.8%
Office building $1.4M +68.8%
Commercial (general) $1.4M +62.5%

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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