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    Property profile & analytics

    4309 Oakridge Rd Lake Oswego, OR 97035

    • Commercial real estate
    • 0.67 lot acres
    For Sale
    View listing
    $3,800,000
    Value Estimation
    Last Sale
    Aug 31, 2023
    $3,200,000
    Location Intelligence
    Property ID
    US71-0364159
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 4309 Oakridge Rd

    Year built
    1983
    Lot size
    0.67 lot acres
    Zone code
    NC/R-0
    Property type
    Commercial real estate
    APN
    21E08CB00500
    APU
    21E08CB00500

    Description

    This exceptional 7,387 square foot office building in Lake Oswego, Oregon, presents a unique owner-user opportunity. Located at 4309 Oakridge Road, this Class B property boasts a prime location, just one block from Boones Ferry Road, offering excellent visibility and accessibility. Built in 1983 and extensively renovated in 2019, the two-story building features a highly efficient floor plan suitable for various medical or professional uses. The single-tenant occupancy provides flexibility for a variety of businesses. The 29,185 square foot lot provides ample space, including 30 off-street parking spaces. Situated in the Lake Grove submarket, this property benefits from its proximity to thriving commercial centers like Mercato Grove and Bridgeport Village, ensuring high traffic exposure and access to affluent residential areas. The NC (Neighborhood Commercial) zoning allows for a range of uses. This is an ideal opportunity for a business seeking a well-maintained, conveniently located office space in a desirable area. The property's recent renovations ensure modern amenities and functionality, making it ready for immediate occupancy. The abundant parking further enhances its appeal. This building offers a blend of convenience, functionality, and prime location within a strong local economy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,450,000
      6.5%
      $3,325,000
      7%
      $3,160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,335,000
      Geo Method
      $2,910,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,865,000
      Retail
      $2,775,000
      Mixed-Use
      $3,590,000
      Hospitality
      $3,065,000
      Educational
      $3,020,000
      Residential Income
      $3,545,000
      Energy
      $3,435,000
      Income-Based Land
      $3,430,000
      Food Service
      $3,000,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake Oswego
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.721
    Latitude
    45.4112
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,147
    $0.00
    $0.00
    $1,618,224
    -
    $1,172,071
    $1,939,170
    $3,111,241

    Comparable in this City

    • Value Estimation by Request
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      1.31 Acres

      15555 Bangy Rd

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      0.50 Acres

      15905 Boones Fry Rd

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      15905 Boones Fry Rd, Lake Oswego, OR 97035-4301
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      0.55 Acres

      16555 Boones Fry Rd

      COMMERCIAL (GENERAL) • 0.55 Acres
      16555 Boones Fry Rd, Lake Oswego, OR 97035-4123
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    • Value Estimation by Request
      0.41 Acres

      16140 Boones Fry Rd

      COMMERCIAL (GENERAL) • 0.41 Acres
      16140 Boones Fry Rd, Lake Oswego, OR 97035-4202
      View Details

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    Request Owner's contact information
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    4309 Oakridge Rd
    Lake Oswego, OR 97035
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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
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