Office Building For
4747 S Kelly Ave Portland, OR 97239
For Sale
Contact for pricing
6,681 SF office building available for purchase.
Property Size6,681 SF
Price / SF$354.74
Days on Market1372
Property Features for 4747 S Kelly Ave
General Information
Standard status
Active
Size
6,681 SF
Property subtype
Office
Listing Agency:
Doug Bean & Associates
(503) 222-5100
Listed By:
Adam Bean · License #201204706
Source:
Crexi
Added: Oct 25, 2022
Changed: Jul 6
Last Checked: Jul 27 at 3:39PM
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 Doug Bean & Associates
Investment Insights
Based on property information with market context.
This commercial property, categorized as an office building, offers 6,681 square feet of space and is available for sale.
Key Highlights
- Office space available
- Size: 6,681 SF
- Property type: office
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 | $152.3k | $22.80 |
| − Vacancy | −$37.0k | −$5.54 |
| EGI | $115.3k | $17.26 |
| − OpEx | −$28.8k | −$4.31 |
| NOI | $86.5k | $12.94 |
6,681 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.24M
$1.08M – $1.44M
NOI $86,484 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,333 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 6,681 SF office building available for purchase.
Where is this office building located?
The property is located at 4747 S Kelly Ave Portland, OR.
What is the asking price?
The asking price for this property is $2,370,000.
What are key features of this property?
This property features: Office space available; Size: 6,681 SF; Property type: office
