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    1705 Taylor St Portland, OR 97205-1922
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    1705 Taylor St Portland, OR 97205-1922

    View on Map
    • Office properties & Spaces
    • 10,630 SF
    Off-Market
    Property ID
    US71-0860379
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,665,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fortis Construction Inc / Construction Company
    • MMDC Company / Construction Company

    Property Details for 1705 Taylor St

    Year built
    1960
    Property size
    10,630 SF
    Property type
    Office properties & Spaces
    APN
    1N1E33DC 80002
    APU
    1N1E33DC80002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,665,000
      Market price range: $915k - $4.29M
      AI Estimate
      $2,665,000
      Market price range: $915k - $4.29M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,070,000
      Current use
      RESTAURANT
      $3,640,000
      Change: +18% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $3,245,000
      Change: +6% Conversion: Difficult
      MEDICAL BUILDING
      $3,210,000
      Change: +5% Conversion: Easy
      RETAIL STORES
      $3,190,000
      Change: +4% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $3,060,000
      Change: -0% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,825,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.69
    Latitude
    45.5209
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,707
    $0.00
    $0.00
    $1,248,450
    -
    $0.00
    $1,449,910
    $1,449,910

    Comparable in this City

    • Value Estimation
      $6,700,000
      17,699 SF

      234 Broadway

      OFFICE (GENERAL) • 17,699 SF
      234 Broadway, Portland, OR 97205-3724
      View Details
    • Value Estimation
      $18,500,000
      104,154 SF

      610 Alder St

      OFFICE (GENERAL) • 104,154 SF
      610 Alder St, Portland, OR 97205-3625
      View Details
    • Value Estimation
      $41,630,000
      195,498 SF

      407 Broadway

      OFFICE (GENERAL) • 195,498 SF
      407 Broadway, Portland, OR 97205-3512
      View Details
    • Value Estimation by Request
      559,646 SF

      805 Broadway

      OFFICE (GENERAL) • 559,646 SF
      805 Broadway, Portland, OR 97205-3303
      View Details
    • Value Estimation by Request
      199,873 SF

      760 9th Ave

      OFFICE (GENERAL) • 199,873 SF
      760 9th Ave, Portland, OR 97205-2583
      View Details
    • Value Estimation by Request
      747,217 SF

      900 Washington St

      CONDOMINIUM OFFICES • 747,217 SF
      900 Washington St, Portland, OR 97205-2817
      View Details

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      5,030 SF

      Portland Office Building For Sale

      Office building with strong occupancy and convenient location.
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    • $1,099,000

      Eliot Tower Retail Condominium Unit

      Prime retail space with long-term tenant in downtown Portland.
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    • $185,000
      0.12 Acres

      Land in Arlington Heights Neighborhood

      Land with hiking trails access in a prime location.
      SW Champlain Dr, Portland, OR 97205
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    Similar Nearby for Lease

    • Contact for pricing
      1,946 SF

      Modern Office Space Sublease

      Bright office space with new workstations and video conferencing equipment.
      921 SW Washington St, Portland, OR 97205
      View Details
    • Contact for pricing
      10,820 SF

      Office Space with Flexible Layout

      Office space featuring private offices, open workspace, and conference rooms.
      707 SW Washington St, Portland, OR 97205
      View Details
    • Contact for pricing
      3,839 SF

      Renovated Creative Office Space

      Historic Cargo Building office with exposed beams, brick, and skylights.
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      View Details
    • Contact for pricing
      13,624 SF

      Modern Office Space with Amenities

      Office space with fitness center, parking, and city views.
      915 SW Stark St, Portland, OR 97205
      View Details
    • $37 SF/Yr

      Class A Office Space Available

      Premier office space in a 30-story mixed-use building.
      760 SW Ninth Ave, Portland, OR 97205
      View Details
    • Contact for pricing
      816 SF

      Office Space in Portland, OR

      Office space available for lease in Portland, Oregon.
      1411 SW Morrison St, Portland, OR 97205
      View Details
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    1705 Taylor St
    Portland, OR 97205-1922
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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