0 96Th Ave Portland, OR 97216
This exceptional 7,500-square-foot medical office building, situated on a 0.63-acre lot in Portland, Oregon's desirable Multnomah County (zip code 97216), presents a unique investment opportunity. The entire building is currently vacant and available for lease, offering a flexible space ideal for a variety of medical or commercial uses. The property is zoned CX (Central Commercial), allowing for diverse tenant possibilities. The building boasts a minimum divisible space of 6,000 square feet, with a maximum contiguous space of 7,500 square feet, making it suitable for a single large tenant or potentially divisible for multiple occupants. Ample parking is provided, with a ratio of 4.8 spaces per 1,000 square feet. This prime location on SE 96th Avenue offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving Portland neighborhood. The property's build-to-suit potential allows for customization to meet specific tenant requirements. This is a rare opportunity to secure a substantial, fully vacant medical or commercial space in a highly sought-after area of Portland. Contact us today to learn more about leasing this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.