Goose Hollow Building For
1411 SW 14th Ave Portland, OR 97201
1411 SW 14th Ave, Portland, OR, 97201
Contact for pricing
For Sale
Contact for pricing
Two contiguous tax lots with building in Goose Hollow.
Property Size4,489 SF
Lot Size0.20 Acres
Price / SF$206.06
Days on Market2435
Property Features for 1411 SW 14th Ave
General Information
- Standard status
- Active
- Size
- 4,489 SF
- Lot size
- 0.20 Acres
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1982
Listing agency
Capacity Commercial Group
(503) 222-2655
Listed by
Nicholas Diamond · License #OR 200403266
Source
Crexi
Added: Nov 20, 2019 Updated: Jul 10 at 3:41PM Checked: Jul 21 at 4:44AM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
Located in Goose Hollow next to I-405, this property presents an investment, owner-user, or redevelopment opportunity. The property includes two contiguous tax lots with a total lot area of 8,500 square feet and a total building area of 4,489 square feet. The zoning is CXd with a base height of 180 feet and a maximum FAR of 6:1. The building features 3,589 square feet of vacant space, formerly a vet clinic, and 900 square feet of leased space. The vet clinic space is move-in ready and also available for lease.
Key Highlights
- Redevelopment Opportunity with CXd zoning, 180' Base Height, and 6:1 Max FAR.
- Prime Location in Goose Hollow next to I‑405.
- Investment or Owner‑User potential.
Local Financial Insights For Healthcare Medical
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 | $118.5k | $26.40 |
| − Vacancy | −$9.5k | −$2.11 |
| EGI | $109.0k | $24.29 |
| − OpEx | −$43.6k | −$9.72 |
| NOI | $65.4k | $14.57 |
4,489 SF · lease $26.40/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$934.5K
$817.7K – $1.09M
NOI $65,417 @ 7.0% cap · market cap 7.07%
Second Best
Office B
$830.1K
$726.4K – $968.5K
NOI $58,109 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,244 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Heather's Finest Dog ...
Pet Grooming Service
Similar For Sale Nearby
Similar Off Market Nearby
- Portland Animal Clinic — 1755 SW Madison St, Portland, OR 97205
- Goltz Dennis J DVM — Portland, OR 97204
- The Vets Mobile Pet Vet - Milwaukie — 920 SW 6th Ave #5, Portland, OR 97204
FAQs
What type of property is this?
Medical Office Space - Two contiguous tax lots with building in Goose Hollow.
Where is this medical office space located?
The property is located at 1411 SW 14th Ave Portland, OR.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Redevelopment Opportunity with CXd zoning, 180' Base Height, and 6:1 Max FAR.; Prime Location in Goose Hollow next to I‑405.; Investment or Owner‑User potential.
