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    3611 SW Hood Ave Portland, OR 97239

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    For Sale
    Contact for pricing

    Office building with convenient access and income opportunity.

    Property Features for 3611 SW Hood Ave

    General Information

    Zoning
    CM2

    Building Details

    Year built
    1974

    Source: Greg Burpee Agent Greg Burpee

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

    Overview

    Close-In SW Office Building

    This close-in Southwest office building offers convenient access to the South Waterfront via the Gibbs Street Pedestrian Bridge. Located in the Lair Hill area, the property is surrounded by a variety of retail and service amenities. It presents an excellent income opportunity and could potentially be vacant by the end of 2020. The property features high-end finishes and includes 18 off-street parking stalls, with 9 of them covered and secure. The price is inclusive of the cost for a new roof.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rubenstein's Contract Carpet Flooring Contractor Sons doctor College Feldenkrals Educational Foundation Foundation Schmidt Frank M Architect Waves Snow Removal ... Snow Removal Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.674266
    Latitude
    45.4970085

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    FAQs

    What type of property is this?
    Office building - Office building with convenient access and income opportunity.
    Where is this office building located?
    The property is located at 3611 SW Hood Ave Portland, OR.
    What are key features of this property?
    This property features: - Convenient access to the South Waterfront via the Gibbs Street Pedestrian Bridge.; - 18 off-street parking stalls, including 9 covered and secure spaces.; - Excellent income opportunity with potential vacancy by the end of 2020.
    (503) 972-7282
    Request Owner's contact information
    3611 SW Hood Ave Portland, OR 97239
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    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
    3611 SW Hood Ave Portland, OR 97239
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