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    OFF-MARKET
    Commercial real estate

    16550 Mcloughlin Blvd, Milwaukie, OR 97267-4869

    0.96 ac lot Built 1978
    Individually Owned Absentee Owner ~ Est. High Equity
    Property ID
    US71-0418632
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 12-unit strip mall ideally situated at 16550 SE McLoughlin Blvd in Milwaukie, Oregon. The property boasts a total of 31,564 square feet across three distinct buildings situated on a generous 2.96-acre lot. The property features a prominent monument sign ensuring high visibility and convenient access with two points of ingress and egress. Building 1, encompassing 5,464 square feet, is currently occupied by a long-term tenant, Round Table Pizza. Building 2, a substantial 17,700 square feet, houses a mix of six tenants, including three larger and three smaller businesses. Finally, Building 3 offers 8,400 square feet and accommodates five additional tenants. The property benefits from a strong history of long-term tenants, indicating a stable and reliable income stream. This well-maintained and strategically located strip mall presents a compelling investment opportunity for discerning buyers seeking a proven, high-performing commercial asset in a thriving Oregon market. The substantial size, diverse tenant base, and prime location combine to create a truly exceptional investment prospect. The property's established tenant roster and visible location contribute to its strong potential for continued growth and profitability. This is a rare opportunity to acquire a well-established and highly sought-after commercial property in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1978
    Lot 0.96 ac (41,818 SF)
    Zoning code C3
    APN 21E12DD01102
    UPID US71-0418632
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Scott Mckeowa
    Scott Mckeowa
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    C3 · Milwaukie, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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