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Property profile & analytics
FOR SALE
Office Spaces

11000 SW Barbur Blvd Portland, OR 97219

5,870 SF 0.28 ac lot Built 2003
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US71-0592113
Property summary
AI-generated overview

This exceptional two-story executive office building, located at 11000 SW Barbur Boulevard in Portland, Oregon, offers a highly visible presence on a major thoroughfare. Situated near the Highway 99 and Interstate 5 interchange, this 6,000 square foot building boasts excellent accessibility and high traffic visibility. The property sits on a 12,130 square foot lot and features a prominent monument sign facing SW Barbur Boulevard, along with additional building signage opportunities. Currently, there is one available office space for lease, ranging from 2,000 to 3,000 square feet. This space is ideal for a variety of businesses and features a well-designed layout. The first floor includes eight private offices, a convenient breakroom, and two spacious open areas perfect for collaborative workspaces or workstations. The building is a multi-tenant property in Multnomah County, with a 3.2/1,000 parking ratio. This is a rare opportunity to secure a prominent office space in a high-demand location. The property's strategic location and impressive features make it an ideal choice for businesses seeking a prestigious and easily accessible office environment in Portland. Contact us today to schedule a viewing and explore the possibilities. Zip code: 97219.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2003
Total area 5,870 SF
Lot 0.28 ac (12,130 SF)
Zoning code CO2
APN 1S1E31AB 05300
UPID US71-0592113
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Amber Dean - State Farm Insurance Agent Insurance Agency
  • Clear Choice Insurance LLC Insurance Agency
  • Assurety Insurance & Consulting Insurance Agency
  • Orlin H. Yoder, RN Registered General Nurse
  • Monica A. Davis, LPN Registered General Nurse
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.31M
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.33M
Owner & transaction history
Pennyjack LLC · 5 yrs held
Pennyjack LLC
since 2020
Last sale
$1.3M
7 recorded transactions
2020
$1.3M
2020
Price N/A
2018
Price N/A
2004
Price N/A
2004
Price N/A
1989
$291,262
1969
Price N/A
Zoning & alternative use
CO2 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.0M +18.9%
Auto repair, garage $1.8M +6.0%
Medical building $1.8M +4.9%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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