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    4309 Oakridge Rd Lake Oswego, OR 97035

    Sponsored
    For Sale
    $3,800,000

    7,387 SF Office Building, Vacant, Owner/User

    Property size:
    7,387 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 7,387 square foot, two-story office building in Lake Oswego, Oregon, is available for $3,800,000. Built in 1983 and renovated in 2019, this Class B property sits on a 29,185 square foot lot zoned NC (Neighborhood Commercial). Currently vacant, the building offers a functional floor plan ideal for executive, medical, or traditional office uses. Features include a large waiting area, reception desk, exam rooms, private offices, break room, and fitness area. The building also boasts security systems with controlled access, a sprinkler system, plumbing stubbed in many rooms, washer/dryer hookups, and monument and building signage. Ample parking is available with 30 spaces in a private off-street lot. Multiple entries allow for potential division into multiple tenancies. The property enjoys a prime location, one block from Boones Ferry Road, with high traffic counts and proximity to major thoroughfares (I-5, Hwy 217), Kruse Way, and affluent neighborhoods. Nearby amenities include Mercato Grove, Bridgeport Village, and numerous restaurants and retailers. The property's location offers excellent walkability to Waluga Park. The building's efficient layout, recent renovations, and strategic location make it an attractive investment opportunity.

    Property Features for 4309 Oakridge Rd

    General Information

    Property type
    Medical offices
    Square Feet
    7,387 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1983/2019
    Buildings
    1
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Oswego
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.72100462864
    Latitude
    45.410807262428

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    FAQs

    What type of property is this?
    Medical office - 7,387 SF Office Building, Vacant, Owner/User
    Where is this medical office located?
    The property is located at 4309 Oakridge Rd Lake Oswego, OR.
    What is the asking price?
    The asking price for this property is $3,800,000.
    Request Owner's contact information
    4309 Oakridge Rd Lake Oswego, OR 97035
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    Lake Oswego, OR 97035
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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
    4309 Oakridge Rd Lake Oswego, OR 97035
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