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    21511 Stark St Gresham, OR 97030

    Sponsored
    For Sale
    Contact for pricing

    1996 SF Medical Office, 100% Occupied

    Property size:
    1,996 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,996 square foot medical office building in Gresham, Oregon, presents a unique investment opportunity. Situated on a 0.32-acre lot (14,000 sq ft), this single-story, Class C building boasts excellent street visibility and monument signage. Built in 1954, the property features a welcoming lobby/waiting area, reception desk, lab area, three operating/exam rooms, a private office, breakroom, storage room, and two ADA-compliant restrooms. Recent upgrades include a new furnace/HVAC system and a newer roof. The ample parking lot, recently resurfaced and striped, provides 12 off-street parking spaces. The property is currently 100% occupied and zoned CMU (Corridor Mixed-Use). The building and business are available for sale individually or together. Seller will consider a short-term seller finance option or a sale/leaseback arrangement. Contact us for pricing and additional details.

    Property Features for 21511 Stark St

    General Information

    Property type
    Medical offices
    Square Feet
    1,996 SF
    Class
    C

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 1,996 SF medical/dental office building on a 14,000 SF lot in Gresham, Oregon.
    • Single‑tenant, 100% occupied building.
    • Sale/leaseback opportunity available.
    • Features include 3 exam rooms, a lab, reception area, breakroom, and 2 ADA‑compliant restrooms.
    • Recent improvements include a new furnace/HVAC system and roof, plus a resurfaced parking lot with 12 spaces.
    • Excellent street visibility with monument signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.4417964
    Latitude
    45.5194353

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    FAQs

    What type of property is this?
    Medical office - 1996 SF Medical Office, 100% Occupied
    Where is this medical office located?
    The property is located at 21511 Stark St Gresham, OR.
    What are key features of this property?
    This property features: 1,996 SF medical/dental office building on a 14,000 SF lot in Gresham, Oregon.; Single-tenant, 100% occupied building.; Sale/leaseback opportunity available.
    Request Owner's contact information
    21511 Stark St Gresham, OR 97030
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    Gresham, OR 97030
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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
    21511 Stark St Gresham, OR 97030
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