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12720 2nd St Beaverton, OR 97005-2707

OFF-MARKET Medical Office Space Google Maps
2,882 SF 0.23 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$485k
Range $437k – $534k (±10%)
Property ID US71-0938006

Property summary

AI-generated overview

This exceptional 2,882-square-foot commercial property, situated on a 0.39-acre lot at 12720 SW 2nd St in Beaverton, Oregon, presents a compelling investment opportunity. Located in the thriving heart of Old Town Beaverton, this mixed-use building boasts a highly desirable location with excellent visibility and accessibility. The classic design features expansive storefront windows, creating an inviting and attractive space for a variety of commercial ventures. The spacious main floor is adaptable to a wide range of uses, including retail, office, or service-oriented businesses. A significant advantage is the inclusion of a large, dedicated parking lot, providing ample parking for customers and employees – a rare commodity in this bustling area. The property's strategic location within Old Town Beaverton places it amidst a vibrant mix of local shops, restaurants, and convenient public transportation options, ensuring high foot traffic and easy access for clientele. This property offers significant growth potential and is an ideal choice for businesses seeking a prominent and well-connected location to establish or expand their operations. The asking price is $1,400,000.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 2,882 SF
Lot 0.23 ac (10,019 SF)
Zoning code RC-OT
APN 1S116AD-06500
UPID US71-0938006

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
  • Veterinary Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$689k
Blend (final) Blend
$485k

Owner & transaction history

since 2025
5 recorded transactions
2025
$1.2M
2018
Price N/A
2004
$525,000
2000
Price N/A
1993
$260,000

Zoning & alternative use

RC-OT · Beaverton, OR
Zoning description

The Old Town (RC-OT) District encompasses Beavertons original Downtown and is intended to provide a mix of housing, jobs, and services at a scale that acknowledges and complements historic development patterns.

General category COMMERCIAL

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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