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    Medical Office on Powell Boulevard Title is generated by Realmo AI

    6736 Southeast Powell Boulevard, Portland, OR 97206

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    For Sale
    $595,000

    Single-level medical office in a high-visibility location.

    Type:Office
    Property size:
    1,811 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $328/SF
    Added:
    Mar 25, 2026
    Days on Market:
    58
    Last Refresh:
    Mar 18 at 9:17 am

    Property Features for 6736 Southeast Powell Boulevard

    General Information

    Standard status
    Active
    Size
    1,811 SF
    Lot size
    0.12 Acres
    Property subtype
    Office

    We can help!

    Listing Contact
    Jennifer Medak

    Listing agent Jennifer Medak

    Listing office CBRE | Portland

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE | Portland

    HighLights

    • Highly visible location off SE Powell Boulevard, near Highway 26 and Interstate 205.
    • CG (general commercial) zoning allows for flexible use.
    • Building design incorporates many windows, skylights and transoms providing ample natural light.
    • Current layout includes reception area, four operatories, two private offices, lab area, and restroom.
    • Single‑level wood frame structure with quality finishes throughout the office.
    • Eight (8) parking stalls on‑site, with potential for additional parking nearby.

    Overview

    Built in 1984, this single-level, Class C medical office is located in a suburban area with high visibility off of SE Powell Boulevard, near Highway 26 and Interstate 205. The wood frame structure has lap siding and paint. The exterior is in fair condition, but could be upgraded to good with fresh paint. The building incorporates many windows, skylights and transoms to provide ample natural light, and features higher ceilings in the reception area and quality finishes throughout. The property is zoned CG (general commercial). The building area is approximately 1811 usable square feet on a 0.12-acre land parcel. The layout includes a reception area with waiting space for 4-6 people, a secured reception area, four operatories, two private offices, a lab area, and restroom access. The lot adjacent to the structure provides eight parking stalls, and an open lot to the west provides additional parking, although it is not part of the property. The property will be sold vacant and is suitable for single tenancy. The current medical use has a highly finished office environment with more plumbing than most traditional office uses. Taxes are $6,874.97.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Scott R. Hval, ... Dental Office Enjoy Spa Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • go dog go rehab — 5915 se division st, portland, or 97206

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5935327
    Latitude
    45.4972348

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    FAQs

    What type of property is this?
    Medical Office Space - Single-level medical office in a high-visibility location.
    Where is this medical office space located?
    The property is located at 6736 Southeast Powell Boulevard Portland, OR.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Highly visible location off SE Powell Boulevard, near Highway 26 and Interstate 205.; CG (general commercial) zoning allows for flexible use.; Building design incorporates many windows, skylights and transoms providing ample natural light.
    (503) 221-4853
    We can help!
    Listing Contact
    Jennifer Medak
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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