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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11830 Kerr Pkwy Lake Oswego, OR 97035

    • Office Properties & Spaces
    • 43,279 SF
    • 2.39 lot acres
    For Lease
    View listing
    $17 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0869847
    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

    • Office Properties & Spaces

    Property Details for 11830 Kerr Pkwy

    Year built
    1980
    Lot size
    2.39 lot acres
    Property size
    43,279 SF
    Zone code
    NC
    Property type
    Office Properties & Spaces
    APN
    1S1E31DA 00800
    APU
    1S1E31DA00800

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,188,000
      Market price range: $7.36M - $18.6M
      AI Estimate
      $10,188,000
      Market price range: $7.36M - $18.6M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $12,270,000
      Current use
      RESTAURANT
      $15,480,000
      Change: +26% Conversion: Difficult
      MEDICAL BUILDING
      $13,075,000
      Change: +7% Conversion: Easy
      AUTO REPAIR, GARAGE
      $12,825,000
      Change: +5% Conversion: Difficult
      RETAIL STORES
      $12,795,000
      Change: +4% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $11,390,000
      Change: -7% Conversion: Moderate
      OFFICE BUILDING
      $11,130,000
      Change: -9% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lake Oswego
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.726
    Latitude
    45.44
    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
    $82,673
    $0.00
    $0.00
    $4,381,030
    -
    $2,715,550
    $2,025,410
    $4,740,960

    Comparable in this City

    • Value Estimation
      $1,260,000
      4,126 SF

      17685 65th Ave

      OFFICE (GENERAL) • 4,126 SF
      17685 65th Ave, Lake Oswego, OR 97035-7800
      View Details
    • Value Estimation by Request
      0.49 Acres

      6710 Mcewan Rd

      OFFICE (GENERAL) • 0.49 Acres
      6710 Mcewan Rd, Lake Oswego, OR 97035-7816
      View Details
    • Value Estimation by Request
      19,306 SF

      4800 Meadows Rd

      Office space • 19,306 SF
      4800 Meadows Rd, Lake Oswego, OR 97035
      View Details
    • Value Estimation by Request
      12,000 SF

      16667 Boones Ferry Rd

      Coworking space • 12,000 SF
      16667 Boones Ferry Rd, Lake Oswego, OR 97035
      View Details
    • Value Estimation by Request
      119,122 SF

      5285 Meadows Rd

      Office Properties & Spaces • 119,122 SF
      5285 Meadows Rd, Lake Oswego, OR 97035
      View Details
    • Value Estimation by Request
      2,200 SF

      15082 Bang Rd

      Restaurants • 2,200 SF
      15082 Bang Rd, Lake Oswego, OR 97035
      View Details

    Similar Nearby for Sale

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      7,387 SF

      Lake Oswego Office Building - $3.8M

      7,387 SF Office Building, Vacant, Owner/User
      4309 Oakridge Rd, Lake Oswego, OR 97035
      View Details
    • $2,375,000
      6,047 SF

      Lake Oswego Office Building

      6,047 SF office building in Lake Oswego, Oregon.
      3689 Carman Dr, Lake Oswego, OR 97035
      View Details
    • Contact for pricing

      Fully Leased Lake Oswego Office

      Well-maintained, fully leased office building in Lake Oswego.
      3990 Southwest Collins Way, Lake Oswego, OR 97035
      View Details
    • Contact for pricing

      Executive Suites with I-5 Exposure

      Full-service executive suites with immediate I-5 and Highway 217 access.
      15171 SW Bangy Rd, Lake Oswego, OR 97035
      View Details
    • $3,900,000
      7,330 SF

      Lake Oswego Freestanding Office Building

      Freestanding office building in central Lake Oswego with on-site parking.
      16001 Quarry Rd, Lake Oswego, OR 97035
      View Details
    • $4,375,000
      8,747 SF

      Fully Leased Suburban Investment Opportunity

      Investment opportunity in Portland's suburban market, fully leased.
      16679 Boones Ferry Rd, Lake Oswego, OR 97035
      View Details

    Similar Nearby for Lease

    • $32 SF/Yr
      49,000 SF

      Lake Oswego Office Space For Lease

      Prime Lake Oswego Office, 2,689 SF Available
      6 Centerpointe Dr, Lake Oswego, OR 97035
      View Details
    • $22 SF/Yr
      19,989 SF

      Lake Oswego Executive Office Suites

      Prestigious A-Class Office Space in Oregon
      5 Centerpointe Dr, Lake Oswego, OR 97035
      View Details
    • $34 SF/Yr
      636 SF

      Lake Oswego Office Space Available

      Corner office suite with natural light and private offices.
      16325 Boones Ferry Rd, Lake Oswego, OR 97035
      View Details
    • $28 SF/Yr
      4,083 SF

      Lake Oswego Retail/Office Space

      Retail or office space in affluent Lake Oswego, Oregon.
      15483 Boones Ferry Rd, Lake Oswego, OR 97035
      View Details
    • $27 SF/Yr
      15,042 SF

      Office Space in Lake Oswego

      Full-service office space with natural light and after-hours HVAC.
      15110 SW Boones Ferry Rd, Lake Oswego, OR 97035
      View Details
    • Contact for pricing

      High-Class Office Space For Rent

      Office space with high-class finishes, great location, and many amenities.
      3 Centerpointe Dr, Lake Oswego, OR 97035
      View Details
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    11830 Kerr Pkwy
    Lake Oswego, OR 97035
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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