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    4245-4247 SW Corbett Ave Portland, OR 97239

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    For Sale
    $750,000

    Fully leased NNN investment opportunity near amenities in walkable neighborhood.

    Property size:
    5,404 SF
    Lot size:
    0.10 Acres

    Property Features for 4245-4247 SW Corbett Ave

    General Information

    Size
    5,404 SF
    Lot size
    0.10 Acres

    Source: Northmarq | Lake Oswego Agent Michael Kapnick

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

    Overview

    Fully Leased Multi-Tenant NNN Investment

    This is a fully leased multi-tenant NNN investment opportunity. The property features an excellent blend of private offices and open creative office space. It is well-located near amenities including OHSU, restaurants, cafes, hotels, and parks, in a walkable neighborhood with a walk and bike score of 73. The location provides ease of access along SW Barbur Blvd with a traffic volume of over 32,000 vehicles per day. There are five designated off-street parking stalls available, with ample street parking. The current landlord has kept rents flat since Covid-19, allowing an investor to raise existing rents and create additional cashflow in the near term. The property contains 5,404 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6765396
    Latitude
    45.4925255

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    FAQs

    What type of property is this?
    Office building - Fully leased NNN investment opportunity near amenities in walkable neighborhood.
    Where is this office building located?
    The property is located at 4245-4247 SW Corbett Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Opportunity to increase cashflow by raising rents (currently flat since Covid-19).; - Fully leased multi-tenant NNN investment.; - Well-located near amenities (OHSU, restaurants, hotels, parks).
    (503) 952-0700
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    4245-4247 SW Corbett Ave Portland, OR 97239
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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
    4245-4247 SW Corbett Ave Portland, OR 97239
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