Office
For Sale
Contact for pricing
1411 SW 14th Ave, Portland, OR 97201
Office building in a highly walkable downtown area near MAX light rail and Portland State University campus.
Property Size4,489 SF
Price / SF$206.06
Days on Market1884
Property Features for 1411 SW 14th Ave
General Information
Standard status
Active
Size
4,489 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Public Transit
Yes
Listing Agency:
Capacity Commercial Group
(503) 326-9000
Listed By:
Nicholas Diamond · License ##200403266
(503) 222-2655
Source:
Moodyscre
Added: Aug 27, 2021
Changed: Oct 8
Last Checked: Oct 21 at 12:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building at 1411 SW 14th Ave in Portland, OR 97201 offers 4,489 SF of space in the Goose Hollow neighborhood of southwest downtown Portland.
The property is positioned next to I-405 and close to Hwy 26, with a highly walkable setting just blocks from retail and dining as well as MAX light rail and the Portland State University campus. Nearby points of interest include Lincoln High School, Multnomah Athletic Club, Providence Park, Portland State University, and the Portland Art Museum, along with the Goose Hollow/SW Jefferson MAX station.
The area’s concentration of universities, major venues, and transit access can support office users looking for convenient connectivity and day-to-day walkability to surrounding amenities.
The property is positioned next to I-405 and close to Hwy 26, with a highly walkable setting just blocks from retail and dining as well as MAX light rail and the Portland State University campus. Nearby points of interest include Lincoln High School, Multnomah Athletic Club, Providence Park, Portland State University, and the Portland Art Museum, along with the Goose Hollow/SW Jefferson MAX station.
The area’s concentration of universities, major venues, and transit access can support office users looking for convenient connectivity and day-to-day walkability to surrounding amenities.
Key Highlights
- 4,489 SF office building at 1411 SW 14th Ave
- Goose Hollow neighborhood in southwest downtown Portland
- Next to I‑405 and close to Hwy 26
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,109
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,180
$1.2M
Cap Rate 7%
$830,129
$830.1K
Cap Rate 9%
$645,656
$645.7K
Market Conditions
NOI Build-Up for 4,489 SF
Gross rent
$102.3K $22.80/SF
− Vacancy
−$24.9K −$5.54/SF
EGI
$77.5K $17.26/SF
− OpEx
−$19.4K −$4.31/SF
NOI
$58.1K $12.94/SF
Area
Portland, OR
Vacancy
24.30%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,180
Cap Rate 7%
$830,129
Cap Rate 9%
$645,656
Alternative Uses
Best Use
Office B
$830.1K
$726.4K – $968.5K
NOI $58,109 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,244 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9,138
Businesses Nearby
Explore this area
Business Placement
Demographics for 97201, OR
17,352
Population
10,748
Households
1.6
Avg Household Size
34
Median Age
67%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,133
Density / Sq Mi
$67,074
Median Household Income
$48,101
Median Earnings
$1,565
Median Rent
$648,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Portland, OR
Frequently Asked Questions
What type of property is this?
Office building - Office building in a highly walkable downtown area near MAX light rail and Portland State University campus.
Where is this office building located?
The property is located at 1411 SW 14th Ave Portland, OR.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 4,489 SF office building at 1411 SW 14th Ave; Goose Hollow neighborhood in southwest downtown Portland; Next to I‑405 and close to Hwy 26
