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    1505 NE Village St Fairview, OR 97024

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    For Sale
    $694,900

    Commercial office/retail space in Fairview, zoned for Village Mixed Use.

    Property size:
    3,517 SF
    Lot size:
    0.07 Acres

    Property Features for 1505 NE Village St

    General Information

    Size
    3,517 SF
    Lot size
    0.07 Acres

    Source: FL Management Corporation Agent Marcus Fullard-Leo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fairview Office/Retail Space For Sale

    This property, located in Fairview, Oregon, is zoned Village Mixed Use (VMU) and currently designated as Business Occupancy (B), not residential. The unit, with a size of 3517 square feet, has been used exclusively as commercial office/retail space for over 10 years. It is suitable for office or retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.4396932
    Latitude
    45.5319817

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    FAQs

    What type of property is this?
    Office space - Commercial office/retail space in Fairview, zoned for Village Mixed Use.
    Where is this office space located?
    The property is located at 1505 NE Village St Fairview, OR.
    What is the asking price?
    The asking price for this property is $694,900.
    What are key features of this property?
    This property features: - Zoned Village Mixed Use (VMU) offers flexible usage options.; - Currently designated as Business Occupancy (B).; - Unit has a 10+ year history as commercial office/retail space.
    (503) 669-9999
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    Realmo Value Estimation

    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.

    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.

    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
    1505 NE Village St Fairview, OR 97024
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