Freestanding Office
New
For Sale
$525,000
4240 SW 109TH, Beaverton, OR 97005
A 1992-built property provides independent commercial space with on-site parking.
Property Size1,299 SF
Price / SF$404.16
Days on Market4
Property Features for 4240 SW 109TH
General Information
Standard status
Active
Size
1,299 SF
Total Parking Spaces
11
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,313
Amenities
Central air
Central Air Cooling
Composition Roof
Forced Air Heating
On Site
Building Details
Year Built
1992
Listing Agency:
EM REALTY GROUP
(971) 801-8886
Listed By:
MIKA KOBAYASHI
(360) 910-3633
Source:
Corcoran
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:40AM
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 EM REALTY GROUP
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Investment Insights
Based on property information with market context.
This freestanding office building contains 1,299 square feet and was built in 1992. Its compact footprint offers a standalone commercial setting, with 11 on-site parking spaces.
Located in Beaverton, the property is at 4240 SW 109TH, Beaverton, OR 97005.
Located in Beaverton, the property is at 4240 SW 109TH, Beaverton, OR 97005.
Key Highlights
- 1,299‑square‑foot freestanding office building
- 11 on‑site parking spaces
- Built in 1992
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,815
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,300
$336.3K
Cap Rate 7%
$240,214
$240.2K
Cap Rate 9%
$186,833
$186.8K
Market Conditions
NOI Build-Up for 1,299 SF
Gross rent
$29.6K $22.80/SF
− Vacancy
−$7.2K −$5.54/SF
EGI
$22.4K $17.26/SF
− OpEx
−$5.6K −$4.31/SF
NOI
$16.8K $12.94/SF
Area
Washington County, 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%
$336,300
Cap Rate 7%
$240,214
Cap Rate 9%
$186,833
Alternative Uses
Best Use
Office B
$240.2K
$210.2K – $280.3K
NOI $16,815 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$350.6K
$306.8K – $409.1K
NOI $24,544 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,909
Businesses Nearby
Explore this area
Business Placement
Demographics for 97005, OR
26,873
Population
12,130
Households
2.2
Avg Household Size
36
Median Age
38%
College-Educated
87%
High-School Grad
5.1 sq mi
ZIP Area
5,269
Density / Sq Mi
$74,306
Median Household Income
$42,406
Median Earnings
$1,551
Median Rent
$476,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A 1992-built property provides independent commercial space with on-site parking.
Where is this office building located?
The property is located at 4240 SW 109TH Beaverton, OR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,299‑square‑foot freestanding office building; 11 on‑site parking spaces; Built in 1992
