Individually Owned Property summary
This exceptional investment opportunity presents a versatile 8,000-square-foot flex space building situated on a 6,967-square-foot lot in Portland, Oregon's desirable Southeast sector. Priced at $1,500,000, this Class B property offers 7,714 square feet of net rentable area, perfect for owner-users. The building, constructed in 1968 and featuring two stories, is currently vacant and ready for immediate occupancy. The layout includes a mix of warehouse and office space; the warehouse area is… divisible into smaller rooms, offering flexibility for various business needs. Upstairs, the office space provides ample natural light and overlooks Foster Road. Conveniently located at the corner of Foster Road and Gladstone Street, the property includes four off-street parking spaces. Zoned for Commercial Employment (CE), this standalone building presents a unique chance to acquire a well-located, adaptable property in a thriving Portland neighborhood. The property is offered as a NNN lease. This is a rare opportunity to own a versatile commercial property in a high-demand area.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,002 SF
- Lot area
- 0.12 ac
- Year built
- 1904
- Stories
- 2
- APN
- 1S2E07DD 16600
- Zoning
- CG
- Assessed value · 2023
- $144,460
- Annual tax · 2023
- $3,828
- Medical Building
- Office Building
- Commercial (general)
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Everything in the Light report
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- Historical Records
- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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