Property profile

15885 116th Ave Portland, OR 97224

OFF-MARKET
Medical Office Space
Property ID
US71-1007390
2,644 SF 0.38 ac lot
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 2,644 SF
Lot 0.38 ac (16,553 SF)
Zoning code LC
APN 2S110CD-00100
UPID US71-1007390

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
  • Dental Office
  • Dental Office

Location

15885 116th Ave Portland, OR 97224-2647
Portland metro Census 31914 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
$783k
Blend (final) Blend
$825k

Owner & transaction history

since 2013
7 recorded transactions
2013
$825,000
2013
$825,000
2006
Price N/A
1998
$140,900
1988
$40,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LC · Portland, OR
Top alternative use upside
Auto repair, garage $805,000 +1.1%

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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