Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    7115 NW Kaiser Rd Portland, OR

    • Opportunity zone commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Opportunity zone commercial real estate

    Property Details for 7115 NW Kaiser Rd

    Property type
    Opportunity zone commercial real estate
    Property subtype
    Commercial land

    Description

    This exceptional mixed-use development opportunity in Portland, Oregon, presents 28,500 square feet of commercial space ideally situated on NW Kaiser Rd, directly across from the Park Blocks in the heart of the North Bethany Central Neighborhood. This rare infill location offers unparalleled access and visibility. The building is fully permitted, with approved project development plans readily available. A comprehensive due diligence package, including geotechnical reports, surveys, design documents, construction documents, and permit submittal information, will be provided to qualified buyers. The meticulously designed development boasts a total building size of 79,278 square feet, encompassing 28,500 square feet of commercial space on the first and second floors, and 26,835 square feet of residential space (20 apartment units) on the third and fourth floors. The property sits on a 1.88-acre lot. This presents a unique chance to acquire a high-quality, fully permitted mixed-use property in a thriving Portland neighborhood. The development offers a full range of community amenities, further enhancing its appeal and investment potential. This is a truly exceptional opportunity for investors seeking a prime commercial property in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    State
    Oregon

    Comparable in this City

    • $1,530,000

      Retail Property For Sale

      Retail property available for purchase in Portland, Oregon.
      4400 SW Hillsdale Ct, Portland, OR
      View Details
    • $6,475,000
      15,850 SF

      Retail Property in Gresham, Oregon

      Retail property available for sale in Gresham, Oregon.
      1990 E Powell Blvd, Gresham, OR
      View Details
    • Contact for pricing

      Prime Retail Site Available

      High-traffic commercial land on the Oregon Coast, suitable for retail.
      825 Ave N, Seaside, OR
      View Details
    • $2,400,000

      Hillsboro Land For Sale

      Land with favorable zoning near the airport and local industry.
      NW Wagon Way, Hillsboro, OR
      View Details
    • $1,756,000

      Prime Commercial Land Opportunity

      Two adjacent lots totaling 1.26 acres near Hwy 97.
      63702-63720 Clausen Dr, Bend, OR
      View Details
    • $500,000

      Sunset Ridge Development Parcel

      0.93 acre development parcel in Sunset Ridge subdivision.
      29289 NW Keenon St, North Plains, OR
      View Details

    Similar Nearby for Sale

    • $6,475,000
      15,850 SF

      Retail Property in Gresham, Oregon

      Retail property available for sale in Gresham, Oregon.
      1990 E Powell Blvd, Gresham, OR
      View Details
    • $1,530,000

      Retail Property For Sale

      Retail property available for purchase in Portland, Oregon.
      4400 SW Hillsdale Ct, Portland, OR
      View Details
    • $1,739,111

      Gresham Land Near Highway

      Divisible land with utilities near Highway 26 in Gresham.
      1949 SE Palmquist Rd, Gresham, OR
      View Details
    • $3,949,803

      Corner Land Parcel Ready

      Shovel-ready land parcel at Vilas and Hwy 62.
      5011 Hwy, Medford, OR
      View Details
    • Contact for pricing

      Prime Retail Site Available

      High-traffic commercial land on the Oregon Coast, suitable for retail.
      825 Ave N, Seaside, OR
      View Details
    • $2,400,000

      Hillsboro Land For Sale

      Land with favorable zoning near the airport and local industry.
      NW Wagon Way, Hillsboro, OR
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      17,408 SF

      Renovated Campus-Like Environment in Tigard

      Renovated industrial, office, and retail spaces available for lease.
      12060-12078 SW Gdn Pl, Tigard, OR
      View Details
    • Contact for pricing

      Commercial Land Near Retail Center

      Commercial land for rent near Wood Village Town Center.
      277-291 NE 223 Ave, Gresham, OR
      View Details
    • $7,142 /Mo

      Paved, Fenced Yard for Rent

      1.6 acre paved and fenced yard available for rent.
      13560 SE Frontage Rd, Portland, OR
      View Details
    • $1,936 /Mo

      Corner Lot Ground Lease Available

      Highly visible corner lot for ground lease in Keizer.
      500 Blk Bever Dr NE, Keizer, OR
      View Details
    • Contact for pricing
      62,257 SF

      Shovel Ready Land For Rent

      Large block of land suitable for multiple user types.
      21150 SW Cipole Pl, Sherwood, OR
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Two commercial land lots available for lease in Sherwood, Oregon.
      21320 SW Langer Farms Pkwy, Sherwood, OR
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7115 NW Kaiser Rd
    Portland, OR
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.