Property profile

16471 Hwy 224 Damascus, OR 97089

OFF-MARKET
Commercial real estate
Property ID
US71-0997008
878 SF 0.61 ac lot Built 1959
Individually Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1959
Total area 878 SF
Lot 0.61 ac (26,572 SF)
Zoning code RRFF5
APN 23E18CB00100
UPID US71-0997008

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16471 Hwy 224 Damascus, OR 97089-7842
Damascus metro Census 23202 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$420k

Owner & transaction history

since 2018
4 recorded transactions
2018
$369,000
2001
$145,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RRFF5 · Damascus, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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