88 NW Murray Blvd Portland, OR 97229
Property Lookup
Property profile & analytics
88 NW Murray Blvd Portland, OR 97229
- Retail space
- 2,014 SF
- 0.13 lot acres
Property ID
US71-0518966
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.
Location Intelligence
Current Use by Public Records
- E-Fly Travel Inc / Travel Agency
- Murray Massage / Spa & Massage Center
- el jalisco 2 food truck / Restaurant
- New Mobile Food / Take-out & Catering / Catering Service
- D'Elegant Nails / Nail Salon
Property Details for 88 NW Murray Blvd
- Lot size
- 0.13 lot acres
- Property size
- 2,014 SF
- Zone code
- NC
- Property type
- Retail space
- APN
- 1N133DC-03400
- APU
- 1N133DC03400
Description
This exceptional mixed-use property, located at 88 NW Murray Blvd in Portland, Oregon, presents a lucrative investment opportunity. The building, constructed in 2007, boasts a total of 2,034 square feet, perfectly divided into 1,017 square feet of retail space on the ground floor and an equal amount of office space on the second floor. Currently operating at 100% occupancy, this property offers immediate cash flow. Situated on a 0.13-acre lot (APN R0636805), the building benefits from high visibility and significant traffic volume due to its strategic location directly off the Murray Boulevard exit of Highway 26. This provides excellent access to Highway 217, ensuring convenient commutes for both employees and customers. The property is zoned NC and features a two-story structure. The asking price is $995,000, translating to a price per square foot of $489.18. This represents a strong value proposition in the vibrant Portland market. The property's excellent location, combined with its current high occupancy rate and versatile floor plan, makes it an ideal investment for discerning buyers seeking a stable and profitable asset. Don't miss this chance to acquire a thriving mixed-use property in a prime Portland location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $788,000
- AI Estimate
- $788,000
Market price range: $357k - $866kMarket price range: $357k - $866k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $605,000 Current use
- AUTO REPAIR, GARAGE
- $615,000 Change: +2% Conversion: Difficult
- MEDICAL BUILDING
- $610,000 Change: +1% Conversion: Difficult
- OFFICE BUILDING
- $580,000 Change: -4% Conversion: Easy
- COMMERCIAL (GENERAL)
- $580,000 Change: -4% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.816
- Latitude
- 45.5202
- 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
$4,176
$0.00
$0.00
$231,500
-
$191,860
$392,990
$584,850
