8 56thPortland, OR 97215

  • Warehouses
  • 3,510 SF
Off market
$755,220 Estimated

Property Details for 8 56th

Year built
1905
Lot size
0.40 AC
Property size (Sq ft)
3,510 SF
Zone code
CM
Property type
Warehouses
APN
1N2E31DC 00900
APU
1N2E31DC00900

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,255,310
    6.5%
    $2,081,820
    7%
    $1,933,120
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,081,530
    Geo Method
    $1,081,530
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,048,710
    Mixed-Use / Specialty
    $1,030,130
    Hospitality / Lodging
    $736,450
    Office
    $1,008,550
    Institutional / Educational
    $1,065,620
    Residential Income
    $1,246,770
    Multifamily
    $1,577,600
    Automotive / Energy
    $913,385
    Parking / Income-Based Land
    $329,863
    Restaurant / Food Service
    $504,102
    Healthcare / Senior Housing
    $1,071,600

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5227
Longitude
-122.605
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,012
-
-
$755,220
-
$1,735,100
-
$1,735,100

FAQs

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