2653 M L KingPortland, OR 97212

  • Retail properties
  • 2,850 SF
Off market
$339,829 Estimated

Property Details for 2653 M L King

Year built
1941
Lot size
0.24 AC
Property size (Sq ft)
2,850 SF
Zone code
EXD
Property type
Retail properties
Property subtype
Auto shops
APN
1N1E27AD 14700
APU
1N1E27AD14700

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,150,688
    6.5%
    $1,062,174
    7%
    $986,304
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,383,110
    Geo Method
    $1,383,110
  • Alternative Use

    Use
    Valuation
    Residential
    $895,983
    Hospitality
    $820,716
    Educational
    $682,826
    Medical
    $706,309
    Retail
    $1,062,174
2653 M L King, Portland, Oregon

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5417
Longitude
-122.662
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $280,850
  • Tax year
    2023
  • Tax bill
    $7,442

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