Property summary
The Letson Garage is a 4,200-square-foot warehouse in an urban area of Portland, Oregon, located approximately one block from the St. Johns Bridge and a few blocks from downtown St. Johns. Historically used as a private garage and automotive social club, the building includes an open main layout with a matching office space on the main floor and a one-bedroom loft upstairs, plus one full bathroom with a shower, laundry facilities, and a basic kitchen. The property is supported by recent system… and safety-related improvements, including updates to lighting, HVAC, security features, and seismic upgrades, and includes exterior period-inspired lighting. A secured 800-square-foot fenced yard provides parking, and the side parking area and patio can be accessed through a private door. The building also features security screening for windows and a replaced roll-up door, along with an extensive security system. CN2 zoning (per Chapter 33.130) allows for multiple uses, including a mix of commercial and residential options.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included 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 4 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
5 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,200 SF
- Lot area
- 0.11 ac
- Year built
- 1927
- Stories
- 1
- APN
- 1N1W12BA 01200
- Zoning
- CN2
- Assessed value · 2023
- $144,170
- Annual tax · 2023
- $3,820
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 signals that 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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- Local Zoning Insight
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- 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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