10900 21st Ave Milwaukie, OR 97222-7602
Property profile & analytics
10900 21st Ave Milwaukie, OR 97222-7602
- Commercial real estate
- 0.15 lot acres
Property ID
US71-0622292
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 10900 21st Ave
- Year built
- 1965
- Lot size
- 0.15 lot acres
- Zone code
- DR
- Property type
- Commercial real estate
- APN
- 11E36BB04000
- APU
- 11E36BB04000
Description
This exceptional investment opportunity presents a former bank and attached office building totaling 5,729 square feet on a 0.37-acre lot in desirable Downtown Milwaukie, Oregon. The property, located at 10900 SE 21st Ave, 97222, features two buildings constructed in 1965 and 1967, offering a combined 5,729 square feet of net rentable space. The main building, a former bank, boasts tall ceilings, floor-to-ceiling windows, and high visibility from its corner location at NE 21st Ave and Monroe Street. The attached office building provides private offices, a conference room, kitchen/breakroom, bathrooms, a server room, and storage. The property includes a substantial 22-space parking lot, low-maintenance landscaping, and a prominent monument sign. Currently vacant, this Class C property is zoned DMU (Downtown Mixed Use), presenting excellent potential for owner-user occupancy or future development. The asking price is $1,525,000 ($266.19/sq ft). Conveniently located near schools, parks, and the riverfront walk, the property also benefits from an average daily traffic count of approximately 28,972 vehicles (measured two blocks away at McLoughlin and Washington). This is a rare opportunity to acquire a well-positioned property in a thriving downtown area.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Milwaukie
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.64
- Latitude
- 45.444
- 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
$7,149
$0.00
$0.00
$326,222
-
$160,478
$353,990
$514,468
