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    545 Oak St Hillsboro, OR 97123

    For Sale
    $825,000

    Prime Medical Office, Owner-User Opportunity

    Property size:
    3,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3,340 square foot medical office condo, located at 545 SE Oak St, Suite C, Hillsboro, OR 97123, presents a unique owner-user opportunity. Situated in a serene medical complex in downtown Hillsboro, this single-story, 1985-built building offers a convenient location near the Hillsboro Medical Center and numerous complementary businesses. The property boasts eleven clinic rooms, a reception area, a front office, a break room with kitchenette, and three bathrooms, making it ideal for a variety of medical practices. Previously used as a cardiology clinic, the suite features abundant natural light and access to a courtyard garden. The property includes access to a shared 37-stall parking lot and an additional 22 gated parking spaces nearby, totaling 59 parking stalls. The convenient location offers easy access to the Hillsboro Airport (5-minute drive) and Downtown Portland (30-minute drive), and is within three blocks of two MAX Light Rail stops. The property sits on a 3,506 square foot lot and is zoned SCC-DT Commercial. The asking price is $825,000. This is a rare opportunity to acquire a well-appointed medical office space in a thriving, centrally located area within Oregon's "Silicon Forest." The APN is R1344058.

    Property Features for 545 Oak St

    General Information

    Property type
    Medical offices
    Square Feet
    3,340 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 3,340 SF medical office condo in Hillsboro, OR.
    • Located in a medical complex near Hillsboro Medical Center.
    • Eleven exam rooms, reception area, front office, break room, and three bathrooms.
    • 59 parking stalls (37 shared, 22 gated).
    • Asking price: $825,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Hillsboro
    County
    Washington
    State
    Oregon
    Longitude
    -122.981827
    Latitude
    45.5189547

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, Owner-User Opportunity
    Where is this medical office located?
    The property is located at 545 Oak St Hillsboro, OR.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 3,340 SF medical office condo in Hillsboro, OR.; Located in a medical complex near Hillsboro Medical Center.; Eleven exam rooms, reception area, front office, break room, and three bathrooms.
    Request Owner's contact information
    545 Oak St Hillsboro, OR 97123
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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
    545 Oak St Hillsboro, OR 97123
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