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Property profile & analytics

12220 Grant Ave Portland, OR 97223-5261

  • Commercial real estate
  • 3,627 SF
  • 0.66 lot acres
OFF-MARKET
Last Sale
Nov 26, 2024
$695,000
Value Estimations
$710,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US71-0162073
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

  • D & R Heating and Air / HVAC Service / General Contractor

Property Details for 12220 Grant Ave

Year built
2003
Lot size
0.66 lot acres
Property size
3,627 SF
Zone code
I-P
Property type
Commercial real estate
APN
2S102BA-01100
APU
2S102BA01100

Description

This exceptional 3,513 square foot retail property, located at 12220 SW Grant Ave in Tigard, Oregon, is offered at $725,000 ($206.38/sq ft). Situated on a sizable 0.66-acre lot in Washington County, this I-P zoned property boasts ample parking, making it highly accessible for both employees and customers. The meticulously designed space includes a convenient lower-level storage area, ideal for inventory management or expanding workspace. This prime location within a thriving commercial area presents a rare opportunity for businesses seeking a strategic location with room for growth and functionality. The property's zoning allows for a wide range of commercial uses, providing flexibility for potential buyers. The generous lot size and ample parking further enhance the property's appeal and potential for future expansion. This is a truly exceptional opportunity to acquire a well-located, versatile commercial property in a desirable area of Tigard, Oregon. The property's features, combined with its strategic location, make it an attractive investment for businesses seeking a strong foothold in a growing market. The zip code is 97223.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $724,000
    Market price range: $637k - $1.48M
    AI Estimate
    $724,000
    Market price range: $637k - $1.48M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,055,000
    Current use
    AUTO REPAIR, GARAGE
    $1,105,000
    Change: +5% Conversion: Difficult
    MEDICAL BUILDING
    $1,095,000
    Change: +4% Conversion: Easy
    RETAIL STORES
    $1,090,000
    Change: +3% Conversion: Easy
    OFFICE BUILDING
    $1,050,000
    Change: -0% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Portland
County
Washington
State
Oregon
Longitude
-122.776
Latitude
45.4315
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
$5,894
$0.00
$0.00
$334,820
-
$287,450
$462,010
$749,460
More about this property
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