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Property profile & analytics
OFF-MARKET
Office Units

12290 Main St Tigard, OR 97223

3,000 SF
Entity Owned 6-yr Hold
Property ID
US71-0595232
Property summary
AI-generated overview

This exceptional two-story commercial property in Washington County offers 3,000 square feet of versatile office space, ideal for businesses seeking a blend of traditional and creative office environments. The building, renovated in 2020, features three suites, with one currently available, ranging from 300 to 2,700 contiguous square feet. A total of 1,200 square feet is currently vacant, providing flexibility for various business needs. The property boasts ample parking with 14 spaces available for tenants and their clients. Its prime location offers unparalleled convenience, situated near the Tri-Met transportation hub, including the WES commuter train, ensuring easy access for employees and clients alike. The recent renovations have created modern and inviting spaces, perfect for fostering productivity and collaboration. The building's design caters to both traditional and creative office setups, making it a suitable choice for a wide range of businesses. The property is comprised of one building with two stories, offering a unique blend of functionality and aesthetic appeal. This is a rare opportunity to secure high-quality office space in a desirable location with excellent transportation links. The minimum divisible space is 300 square feet, allowing for smaller businesses to find a suitable home, while the maximum contiguous space of 2,700 square feet accommodates larger organizations.

Property profile
Verified
Property type Office Units
Total area 3,000 SF
UPID US71-0595232
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Black & Bishop Properties LLC · 6 yrs held
Black & Bishop Properties LLC
since 2020
2 recorded transactions
2020
$715,000
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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