12220 Grant Ave Portland, OR 97223-5261
- Commercial real estate
- 3,627 SF
- 0.66 lot acres
Nov 26, 2024
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
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $724,000
- AI Estimate
- $724,000
Market price range: $637k - $1.48MMarket 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
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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