Beaverton Development Site
8900 SW HALL Portland, OR 97223
8900 SW HALL, Portland, OR, 97223
$1,295,000
Pending
For Sale
$1,295,000
Pending
0.56-acre parcel ideal for medical/professional office development.
Property Size9,052 SF
Lot Size0.55 Acres
Days on Market272
Property Features for 8900 SW HALL
General Information
- Standard status
- Pending
- Size
- 9,052 SF
- Lot size
- 0.55 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing Agency
SUNLINE REALTY GROUP
(971) 732-6264
Listed by
ANDY ARTHUR
Source
Corcoran
Added: Oct 22, 2025 Updated: Jul 10 at 12:54 pm Checked: Jul 19 at 4:43 am
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 SUNLINE REALTY GROUP
Investment Insights
Based on property information with market context.
This 0.56-acre parcel is a development site located in Beaverton's medical and professional corridor, directly across from Washington Square and near RedTail Golf Center. The site benefits from high visibility, strong traffic counts, and immediate access to Hwy 217. It is suitable for an owner-user or investor. Plans are in place for a two-story medical office building totaling approximately 9,052 square feet, with about 8,428 square feet of usable space. The proposed design incorporates modern Pacific Northwest architecture with energy-efficient construction, elevator access, and flexible interior configurations, suitable for dental, medical, or other professional office uses. The property allows for 35 total parking spaces and is zoned CS (Community Service), providing flexibility for permitted uses. This site is positioned to become a Class A medical or professional office. It is suitable for a dental, healthcare, or wellness provider looking to establish a flagship space, or for an investor seeking a high-demand product type. The location offers visibility, accessibility, and long-term value.
Key Highlights
- Premier development site in the heart of Beaverton’s medical and professional corridor, directly across from Washington Square.
- Approved plans for a new, two‑story, approximately 9,052 sq ft medical office building (8,428 sq ft usable).
- High visibility, strong traffic counts, and immediate access to Hwy 217.
Local 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 | $206.4k | $22.80 |
| − Vacancy | −$50.2k | −$5.54 |
| EGI | $156.2k | $17.26 |
| − OpEx | −$39.1k | −$4.31 |
| NOI | $117.2k | $12.94 |
9,052 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$1.90M
$1.67M – $2.22M
NOI $133,347 @ 7.0% cap · market cap 10.30%
Second Best
Office B
$1.67M
$1.46M – $1.95M
NOI $117,175 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$2.54M
$2.22M – $2.97M
NOI $177,942 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 0.56-acre parcel ideal for medical/professional office development.
Where is this commercial land located?
The property is located at 8900 SW HALL Portland, OR.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Premier development site in the heart of Beaverton’s medical and professional corridor, directly across from Washington Square.; Approved plans for a new, two‑story, approximately **9,052 sq ft medical office building (8,428 sq ft usable)**.; **High visibility**, strong traffic counts, and immediate access to Hwy 217.
