Elevator-Served Two-Story Office
8060 SW Pfaffle St Portland, OR 97223
For Sale
Contact for pricing
Second-floor office space is available for owner occupancy with elevator service and ample on-site parking.
Property Size21,470 SF
Lot Size1.01 Acres
Price / SF$190.96
Days on Market15
Property Features for 8060 SW Pfaffle St
General Information
Standard status
Active
Size
21,470 SF
Lot size
1.01 Acres
Property subtype
OFFICE
Listing Agency:
Macadam Forbes
(503) 972-7280
Listed By:
Brett Bayne · License ##940700089
Source:
Moodyscre
Added: Jul 16
Changed: Jul 28
Last Checked: Jul 29 at 2:47PM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
This for-sale office building totals 21,470 square feet on a 1.01-acre lot. Elevator-served and configured with available second-floor space of 9,900 square feet (90' x 110') for an owner occupant. The property also includes 77 parking stalls plus additional off-street parking.
Located at 8060 SW Pfaffle St in Portland, OR 97223, the offering is situated in the City of Tigard within Washington County, with “excellent location and access” noted in the public remarks.
Current gross income is reported at $159,636, supporting a straightforward continuation of income-producing use while providing an opportunity for owner-occupant control of the second floor.
Located at 8060 SW Pfaffle St in Portland, OR 97223, the offering is situated in the City of Tigard within Washington County, with “excellent location and access” noted in the public remarks.
Current gross income is reported at $159,636, supporting a straightforward continuation of income-producing use while providing an opportunity for owner-occupant control of the second floor.
Key Highlights
- 9,900 SF second‑floor office space (90' x 110') available for owner occupant
- Elevator served office space within a 21,470 SF building
- 1.01 AC total lot with 77 parking stalls plus off‑street parking
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $489.5k | $22.80 |
| − Vacancy | −$119.0k | −$5.54 |
| EGI | $370.6k | $17.26 |
| − OpEx | −$92.6k | −$4.31 |
| NOI | $277.9k | $12.94 |
21,470 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.97M
$3.47M – $4.63M
NOI $277,923 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.03M
$5.28M – $7.03M
NOI $422,051 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Second-floor office space is available for owner occupancy with elevator service and ample on-site parking.
Where is this office units located?
The property is located at 8060 SW Pfaffle St Portland, OR.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 9,900 SF second‑floor office space (90' x 110') available for owner occupant; Elevator served office space within a 21,470 SF building; 1.01 AC total lot with 77 parking stalls plus off‑street parking
