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    8950 Burnham St Tigard, OR 97223

    Sponsored
    For Sale
    $2,600,000

    Prime Tigard location, 12,246 sq ft office building.

    Property size:
    12,246 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story executive office building, located at 8950 SW Burnham St in the heart of downtown Tigard, Oregon, presents a compelling investment opportunity. Boasting 12,246 square feet of well-appointed space, this property sits on a 0.83-acre lot and is zoned MU-CBD (Mixed-Use Central Business District), offering significant flexibility for future development. The building's prime location within Tigard's revitalized downtown core provides immediate access to a vibrant mix of new restaurants, entertainment venues, residential options, and retail establishments. This strategic location ensures high visibility and convenient access for employees and clients alike. The asking price for this remarkable property is $2,600,000. The property's 97223 zip code and Washington County location further enhance its desirability. This is a rare opportunity to acquire a substantial and well-situated office building in a thriving Oregon city. The building's two stories provide ample space for a variety of business needs, and the mixed-use zoning opens doors to a range of potential future uses. Don't miss this chance to own a piece of Tigard's dynamic downtown.

    Property Features for 8950 Burnham St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    12,246 SF
    Lot Size
    36,155 SF

    Building Details

    Stories
    2

    HighLights

    • Exceptional two‑story, 12,246 sq ft executive office building in downtown Tigard, OR.
    • Located on a 0.83‑acre lot in the MU‑CBD zone, offering development flexibility.
    • Prime downtown Tigard location with high visibility and access to amenities.
    • Asking price: $2,600,000.
    • Situated in the desirable 97223 zip code of Washington County, Oregon.
    Property Profile Location Intelligence

    Current Use by Public Records

    NW Preferred Federal ... Credit Union Bancor Leasing Car Leasing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tigard
    County
    Washington
    State
    Oregon
    Longitude
    -122.7695745
    Latitude
    45.427282

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Tigard location, 12,246 sq ft office building.
    Where is this office property / space located?
    The property is located at 8950 Burnham St Tigard, OR.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Exceptional two-story, 12,246 sq ft executive office building in downtown Tigard, OR.; Located on a 0.83-acre lot in the MU-CBD zone, offering development flexibility.; Prime downtown Tigard location with high visibility and access to amenities.
    (503) 227-2500
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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
    8950 Burnham St Tigard, OR 97223
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