Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7025 Gonzaga St Portland, OR 97223-8309

    • Commercial real estate
    • 1,720 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0175447
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Perfect Surface Northwest / Renovation Specialist / General Contractor
    • Two Brothers Painting / Painting Service / General Contractor

    Property Details for 7025 Gonzaga St

    Year built
    2002
    Lot size
    0.36 lot acres
    Property size
    1,720 SF
    Zone code
    TMU
    Property type
    Commercial real estate
    APN
    2S101AC-00100
    APU
    2S101AC00100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $702,000
      Market price range: $302k - $702k
      AI Estimate
      $702,000
      Market price range: $302k - $702k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $500,000
      Current use
      AUTO REPAIR, GARAGE
      $525,000
      Change: +5% Conversion: Difficult
      MEDICAL BUILDING
      $520,000
      Change: +4% Conversion: Easy
      RETAIL STORES
      $515,000
      Change: +3% Conversion: Easy
      OFFICE BUILDING
      $495,000
      Change: -0% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.749
    Latitude
    45.4288
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,661
    $0.00
    $0.00
    $378,420
    -
    $417,210
    $211,840
    $629,050

    Comparable in this City

    • Value Estimation by Request
      0.47 Acres

      11507 Pacific Hwy Ste D

      COMMERCIAL (GENERAL) • 0.47 Acres
      11507 Pacific Hwy Ste D, Portland, OR 97223-8632
      View Details
    • Value Estimation by Request
      0.01 Acres

      Portland, OR 97223

      COMMERCIAL (GENERAL) • 0.01 Acres
      Portland, OR 97223
      View Details
    • Value Estimation by Request
      1.86 Acres

      11799 69th Ave

      COMMERCIAL (GENERAL) • 1.86 Acres
      11799 69th Ave, Portland, OR 97223-8545
      View Details
    • Value Estimation
      $23,680,000
      134,789 SF

      12615 72nd Ave

      COMMERCIAL (GENERAL) • 134,789 SF
      12615 72nd Ave, Portland, OR 97223-8308
      View Details
    • Value Estimation by Request
      1,400 SF

      13300 Pacific Hwy

      COMMERCIAL (GENERAL) • 1,400 SF
      13300 Pacific Hwy, Portland, OR 97223-4829
      View Details
    • Value Estimation
      $540,000
      3,066 SF

      9960 Walnut St

      COMMERCIAL (GENERAL) • 3,066 SF
      9960 Walnut St, Portland, OR 97223-5110
      View Details

    Similar Nearby for Sale

    • $2,750,000
      113,934 SF

      Tigard Apartment Development Site

      182 Units, QOZ, Prime Location
      12390 Knl Dr, Tigard, OR 97223
      View Details
    • $3,600,000
      1.91 Acres

      Tigard Commercial Land - 1.91 Acres

      Prime Tigard location, redevelopment opportunity.
      0 Pacific Hwy, Tigard, OR 97223
      View Details
    • $334,900
      1,058 SF

      Tigard Townhome with Tandem Garage

      Move-in ready townhome near parks, shopping, and commuter routes.
      14198 SW Barrows Rd, Portland, OR 97223
      View Details
    • $399,000
      926 SF

      New Construction Cottage Homes

      New, energy-efficient cottage homes near Washington Square in Portland.
      9596 SW 91St Ave, Portland, OR 97223
      View Details
    • $4,010,000
      10,470 SF

      Retail Property in Portland, Oregon

      Retail property available for sale in Portland, Oregon.
      10765 SW Greenburg Rd, Portland, OR 97223
      View Details
    • $1,075,000
      2,630 SF

      Renovated Office Building For Sale

      Fully renovated office building with ample parking and excellent visibility.
      12555 SW Hall Blvd, Tigard, OR 97223
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,385 SF

      Tigard Retail Outparcels: Prime Location

      High-traffic retail spaces available now.
      72nd Ave & Dartmouth St, Tigard, OR 97223
      View Details
    • $17 SF/Yr
      13,000 SF

      Landmark Tigard Executive Office Space

      Prime Tigard location, 13,000 sq ft office building.
      12323 66 Ave, Tigard, OR 97223
      View Details
    • $23 SF/Yr
      5,662 SF

      Retail Space in Ross Center

      Retail space available in well-located Portland shopping center.
      11211 SE 82Nd Ave, Portland, OR 97223
      View Details
    • Contact for pricing
      263,562 SF

      Tigard Office/Industrial/Retail Suites Available

      Office, industrial, and retail suites available in Tigard, Oregon.
      11852 SW Garden Pl, Portland, OR 97223
      View Details
    • Contact for pricing
      3,903 SF

      Retail Space Near Trader Joe's

      Retail space with high visibility near Trader Joe's.
      9345-9357 SE 82Nd Ave, Portland, OR 97223
      View Details
    • $7,500 /Mo
      6,600 SF

      Climate Controlled Warehouse For Rent

      6,600 SF climate-controlled warehouse space available for lease.
      9730 SW Tigard St, Portland, OR 97223
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7025 Gonzaga St
    Portland, OR 97223-8309
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.