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    Property profile & analytics
    OFF-MARKET Estimated value $950,000
    Automotive properties

    9321 Stark St, Portland, OR 97216-2150

    1,920 SF 0.29 ac lot Built 1955
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US71-0874700
    Property summary
    AI-generated overview

    This exceptional Portland investment property, located at 9321 SE Stark St, offers 1,920 square feet on a 0.29-acre corner lot (100' x 140'). Its prime location ensures high visibility and accessibility, boasting 140 feet of street frontage. Previously operating as a gas station, the property features two service bays, each capable of accommodating approximately two vehicles simultaneously, and equipped with car lifts (sold separately). This versatile space presents a unique opportunity for a variety of automotive-related businesses or other income-generating ventures. The property's strong infrastructure and high-traffic location contribute to its significant earning potential. A key advantage is the inclusion of an on-site billboard, generating additional passive income. Priced at $1,250,000, this multi-family property represents a compelling investment opportunity in a thriving Portland market. The substantial street frontage and corner lot positioning maximize exposure and accessibility, making it an ideal location for a business seeking high visibility. The existing infrastructure of the service bays provides a solid foundation for immediate operation, minimizing initial setup costs. The potential for diverse business applications, coupled with the passive income stream from the billboard, makes this a truly unique and attractive investment.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1955
    Total area 1,920 SF
    Lot 0.29 ac (12,632 SF)
    Zoning code CG
    APN 1N2E33DC 04800
    UPID US71-0874700
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Affordable Car Care Auto Repair Shop Vehicle Inspection Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $950k
    Blend (final) Blend
    $950k
    Owner & transaction history
    Millennium Motors LLC · 8 yrs held
    Millennium Motors LLC
    since 2017
    3 recorded transactions
    2018
    2017
    $600,000
    2004
    Zoning & alternative use
    CG · Portland, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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