Property profile

1200 23rd Ave 1232 Portland, OR 97210

OFF-MARKET
Medical Office Space
Property ID
US71-0806129
10,282 SF 0.63 ac lot Built 1904
Individually Owned 30-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1904
Total area 10,282 SF
Lot 0.63 ac (27,500 SF)
Zoning code CS
APN 1N1E33BB 01000
UPID US71-0806129

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Physician
  • Physician
  • Medical Clinic
  • Physician

Location

1200 23rd Ave, Unit 1232 Portland, OR 97210-2906
Portland metro Census 4901 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.11M
Blend (final) Blend
$445k

Owner & transaction history

since 1996
1 recorded transaction
1996
Price N/A

Zoning & alternative use

CS · Portland, OR
Top alternative use upside
Restaurant $3.5M +13.4%
Commercial (general) $3.4M +10.1%
Apartment house (5+ units) $3.2M +2.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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