711 Halsey St Portland, OR 97232
- Office Properties & Spaces
- 10,200 SF
- 0.22 lot acres
Current Use by Public Records
- Guidepost Montessori at Lloyd District / Day Care Center / Preschool
Property Details for 711 Halsey St
- Year built
- 1993
- Lot size
- 0.22 lot acres
- Property size
- 10,200 SF
- Zone code
- CXD
- Property type
- Office Properties & Spaces
- APN
- 1N1E26CC 12500
- APU
- 1N1E26CC12500
Description
This exceptional 10,200 square foot commercial property, located at 711 NE Halsey Street in Portland, Oregon, 97232, presents a unique opportunity for a variety of businesses. Built in 1993, this single-tenant building offers a two-story layout, ideal for retail or educational uses. The property is zoned CX (Central Commercial), providing flexibility for a range of potential occupants. The space is currently available for immediate occupancy, representing a significant advantage for businesses seeking a quick start. The building's substantial size allows for ample room for operations, storage, and potential expansion. Its location on NE Halsey Street offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and staff. This second-generation space provides a ready-to-occupy environment, minimizing the need for extensive renovations or build-outs. Interested parties are encouraged to inquire about lease rates. The property's prime location and versatile zoning make it an attractive investment for businesses seeking a thriving Portland location. This is a single-story building with a total of 10,200 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,810,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $9,430,000
- 6.5%
- $9,505,000
- 7%
- $10,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $10,370,000
- Geo Method
- $9,265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $10,390,000
- Retail
- $11,100,000
- Mixed-Use
- $11,175,000
- Hospitality
- $9,215,000
- Educational
- $8,555,000
- Residential Income
- $11,280,000
- Energy
- $8,280,000
- Income-Based Land
- $10,860,000
- Food Service
- $10,585,000
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.658
- Latitude
- 45.5338
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
