Property profile

18750 Willamette Dr West Linn, OR 97068

OFF-MARKET
Commercial real estate
Property ID
US71-0499521
0.65 ac lot Built 1997
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, known as Cedar Oaks, is situated in the affluent West Linn community of Oregon, conveniently located on Highway 43. The entire 2,167 square foot shopping center is currently vacant, presenting a unique opportunity for a single tenant or multiple tenants. The property offers flexible space options, with a minimum divisible unit of 951 square feet and a maximum contiguous space of 1,216 square feet. This allows for adaptability to various business needs and expansion possibilities. The property's location within an upscale suburban area ensures high visibility and accessibility to a substantial customer base. The address is 18750 Willamette Drive, West Linn, Oregon, 97068, in Clackamas County. This presents a rare chance to establish a strong retail presence in a thriving market. The property's size and layout make it ideal for a variety of retail concepts, from boutiques and specialty stores to service-oriented businesses. With its prime location and flexible space options, Cedar Oaks offers significant potential for growth and return on investment. The property is ready for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1997
Lot 0.65 ac (28,176 SF)
Zoning code GC
APN 21E14DD06600
UPID US71-0499521

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
  • Hair Salon
  • Spa & Massage Center Skin Care Clinic
  • Spa & Massage Center Alternative Medicine Practice
  • Physician

Location

18750 Willamette Dr West Linn, OR 97068-1700
West Linn metro Census 20505 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2010
3 recorded transactions
2010
Price N/A
1991
$356,350
1969
Price N/A

Zoning & alternative use

GC · West Linn, OR
Zoning description

The purpose of this zone is to provide for the concentration of major retail goods and services at centers and the intent is to provide for the provision of a variety of goods and services and for comparison shopping, to…

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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