Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Beaverton, OR 97003

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $650,000

    Commercial land near light rail and Costco in Beaverton.

    Lot size:
    1.09 Acres

    Property Features for

    General Information

    Lot size
    1.09 Acres

    We can help!

    Listing Contact
    Jessica Hur
    Jessica Hur
    Source: Corcoran

    Listing Agent: Jessica Hur

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Beaverton Land for Sale

    This commercial land is located near a light rail line and a few blocks from the Beaverton Costco. The property allows for commercial, office, and multi-family development, but interested parties should verify these uses with the City of Beaverton and confirm school information with the Beaverton School District.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Beaverton
    County
    Washington
    State
    Oregon
    Longitude
    -122.8029665
    Latitude
    45.4923824

    Nearby Similar for Sale

    • New
      $699,999

      Updated Duplex in Beaverton

      Updated duplex with strong rental income potential in Beaverton.
      6025 SW Cherryhill Dr, Beaverton, OR 97008
      View Details
    • New
      $990,000
      3,991 SF

      Meticulously Maintained Beaverton Fourplex

      Fully rented fourplex in central Beaverton, great investment opportunity.
      3420 SW 126Th Ave, Beaverton, OR 97005
      View Details
    • $795,000
      2,990 SF

      Corner Lot Duplex in Beaverton

      Well-maintained duplex with flexible living options and income potential.
      8050 SW 103Rd Ave, Beaverton, OR 97008
      View Details
    • $864,000
      3,722 SF

      Beaverton Fourplex Investment Opportunity

      Well-maintained fourplex in desirable Beaverton location with upside potential.
      13397 SW 17Th St, Beaverton, OR 97008
      View Details
    • $869,900
      3,536 SF

      Beaverton Fourplex: Great Investment Opportunity

      Well-maintained fourplex in central Beaverton, new roof, fully occupied.
      3398 SW 125Th Ave, Beaverton, OR 97005
      View Details
    • $899,000
      3,508 SF

      Beaverton Fourplex in Greenway Neighborhood

      Four-unit multifamily property with stable tenants and income potential.
      9750 SW Lookout Ter, Beaverton, OR 97008
      View Details
    • New
      $799,900
      2,944 SF

      Beaverton Fourplex: Turnkey Investment

      Centrally located, fully occupied fourplex with income and growth potential.
      12125 SW 14Th St, Beaverton, OR 97005
      View Details
    • $425,000

      Modern Condo with Versatile Layout

      Condo with flexible layout, modern finishes, and convenient location.
      12600 SW Crescent St, Beaverton, OR 97005
      View Details
    • $154,000
      1,188 SF

      Updated Home in 55+ Community

      Updated 2-bedroom, 2-bath home in gated 55+ community.
      100 SW 195Th Ave, Beaverton, OR 97006
      View Details
    • $314,900
      1,169 SF

      Remodeled Townhome Condo with Greenspace View

      Bright, remodeled 2BD/2BA condo with updated finishes and greenspace view.
      10295 SW Trapper Ter, Beaverton, OR 97008
      View Details
    • Contact for pricing

      Beaverton Apartment Complex with Updates

      Updated apartment complex with below-market rents in a prime location.
      3525 SW 122Nd Ave, Beaverton, OR 97005
      View Details
    • Contact for pricing

      Beaverton Flex/Office Building For Sale

      Well-located 4,200 SF flex/office building with excellent freeway access.
      6175 SW 112Th Ave, Beaverton, OR 97008
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land near light rail and Costco in Beaverton.
    Where is this commercial land located?
    The property is located at Beaverton, OR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Commercial, office, and multi-family development potential (verify with City of Beaverton).; - Proximity to Light Rail.; - Located a few blocks from Beaverton Costco.
    (360) 882-6000
    Request Owner's contact information
    Beaverton, OR 97003
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Beaverton, OR 97003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Beaverton, OR 97003
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jessica Hur
    Jessica Hur
    Real Estate License ID: 881200144
    (360) 882-6000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.