Property profile

12600 68th Ave Portland, OR 97223

OFF-MARKET
Office Spaces
Property ID
US71-0681516
11,704 SF 0.67 ac lot Built 1999
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1999
Total area 11,704 SF
Lot 0.67 ac (29,185 SF)
Zoning code TMU
APN 2S101AD-00800
UPID US71-0681516

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
  • (Bike/Boat/Book/etc) Store
  • Corporate Office
  • Interior Design Home Decor Store

Location

12600 68th Ave Portland, OR 97223-8338
Portland metro Census 30700 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
$3.64M
Blend (final) Blend
$2.70M

Owner & transaction history

since 2016
6 recorded transactions
2016
$2.7M
2016
$2.4M
2006
$4.8M
1999
Price N/A
1998
$817,210
1996
$186,550

Zoning & alternative use

TMU · Portland, OR
Top alternative use upside
Restaurant $4.0M +18.0%
Auto repair, garage $3.6M +5.2%
Medical building $3.5M +4.0%

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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