Financial
Distress signals
Property profile

975 Sandy Blvd Portland, OR 97214

OFF-MARKET
Other office properties
Property ID
US71-1009365
23,808 SF 0.76 ac lot Built 1973
Last sale Jul 2000 · $179,000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story office building located in Portland’s Central Eastside Industrial District. The property contains 12 office suites with rentable areas ranging from 266 to 5,056 square feet. Off-street parking is provided via an on-site parking lot with capacity for 66 parking passes, supported by an allocation ratio of 3.0 spaces per 1,000 rentable square feet. The building has had both exterior and interior renovations, with interior work attributed to Kahnery Elan Interior Design.

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.

Mortgages

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?
$70k
Tax billed · 2023
Assessed value$2.64M
Effective rate2.65%

Value estimate

· Sep 2026
$6.53M
$5.87M – $7.18M
Submarket $/SF estimate$6.53M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$290/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$213 – $415

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?
EXD
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.4
Optical Shop9.4
Shoe Repair8.8

Location

975 Sandy Blvd Portland, OR 97214-1308
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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
2532 Hawthorne, Portland, OR 97214-3927 $5,000,000 May 2025 9,847 SF
1120 Madison, Portland, OR 97214-3618 $10,350,000 Oct 2024 34,930 SF
211 Caruthers, Portland, OR 97214-4502 $10,995,000 Aug 2024 44,835 SF
850 3rd, Portland, OR 97214-2579 $5,073,750 Mar 2024 41,173 SF
905 14th, Portland, OR 97214-2549 $4,900,000 Aug 2023 12,154 SF
537 Alder, Portland, OR 97214-2231 $2,350,000 Nov 2019 12,254 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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