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Financial
Distress signals
Property profile

8950 Lombard St Portland, OR 97203

OFF-MARKET
Retail space
Property ID
US71-0682722
6,222 SF 0.33 ac lot Built 1975
Last sale Jan 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This freestanding retail building presents a compelling investment opportunity in Portland's desirable St. Johns neighborhood. Located at 8950 N Lombard St, this 6,393 square foot property sits on a 0.33-acre lot and offers exceptional visibility with frontage on Lombard Street. Built in 1975, the building is zoned CM2 (Commercial Mixed Use 2), allowing for diverse commercial uses. Ample off-street parking is available, along with prominent monument and on-building signage opportunities. …

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.

Debts

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?
$11k
Tax billed · 2023
Assessed value$422k
Effective rate2.65%

Value estimate

· Oct 2026
$455k
$410k – $501k
Submarket $/SF estimate$1.94M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$250/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$154 – $352
Qualifying comparables9

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

What can be built here?
CS
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.2
Law Firm16.7
Nail Salon11.9

Location

8950 Lombard St Portland, OR 97203-3004
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8824 Wi N Lombard, Portland, OR 97203 $1,280,405 Dec 2024 5,000 SF
5215 Lombard, Portland, OR 97203-4300 $1,700,000 Dec 2022 5,976 SF
7911 Lombard, Portland, OR 97203-3166 $400,000 Mar 2022 5,199 SF
6965 Fessenden, Portland, OR 97203-1816 $1,030,000 Feb 2020 5,850 SF
5300 Lombard, Portland, OR 97203-4218 $3,580,000 Nov 2019 7,050 SF
4926 Lombard, Portland, OR 97203-4482 $1,050,000 Jan 2019 7,291 SF
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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