Financial
Distress signals
Property profile

623 Parke Ave Portland, ND 58274

OFF-MARKET
Other commercial real estate
Property ID
US56-0629056
Last sale Oct 2017 · $3,383
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is configured as a hospitality venue with an integrated bar and commercial kitchen, supported by gaming amenities such as a pool table and dartboard. It includes on-sale and off-sale alcohol licenses and comes with business-related assets and kitchen equipment associated with restaurant and bar operations. Recent building systems improvements include the installation of a new furnace and air conditioning unit. Located in Portland, North Dakota, the space is arranged to support food and beverage service with entertainment elements built into the facility.

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.

Mortgages

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?
$920
Tax billed · 2023
Assessed value$29k
Assessed land$3k
Assessed improvement$27k
Effective rate3.15%

Value estimate

· Sep 2026
$70k
$63k – $77k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTRAILL

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.8
HVAC Service8.8
Plumbing Service8.7

Location

623 Parke Ave Portland, ND 58274-4000
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
629 Parke, Portland, ND 58274-9998 $108,000 Aug 2022 No data
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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