Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2155 173rd Ave Ste, Unit 104 Beaverton, OR 97006-3563

    • Office properties & Spaces
    • 9,819 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimations
    $2,745,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0948039
    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.

    Current Use by Public Records

    • Mir Clinic PC / Medical Clinic
    • Dr. Mehdi M. Mirtorabi, MD / Physician
    • Mansour Hossein, DC / Alternative Medicine Practice
    • Wangchao Foot Massage | Asian Massage Beaverton / Alternative Medicine Practice / Spa & Massage Center
    • Mehdi Mirtorabi / Physician

    Property Details for 2155 173rd Ave Ste

    Year built
    1982
    Lot size
    0.99 lot acres
    Property size
    9,819 SF
    Zone code
    CS
    Property type
    Office properties & Spaces
    APN
    1N130DC-00500
    APU
    1N130DC00500

    Description

    This exceptional executive office space in Beaverton, Oregon, offers multiple suites ranging from 1,374 to 1,958 square feet, totaling 11,981 square feet within the building. Located at 2155 NW 173rd Avenue, 97006, this property boasts a highly visible location at a major intersection, providing excellent signage opportunities for businesses. Currently, 5,141 square feet of space is available for lease. Each suite includes a private restroom, enhancing privacy and convenience for tenants. The building, constructed in 1982, sits on a substantial 43,249 square foot lot and is zoned CS. Ample free off-street parking is provided for tenants and their clients. The property is ideal for a variety of businesses seeking functional and well-located office space in the thriving Beaverton market. The minimum divisible space is 1,374 square feet, while the maximum contiguous space available is 1,958 square feet. This presents a unique opportunity for businesses of various sizes to establish a presence in a desirable location within Washington County. The property's strategic location and amenities make it an attractive option for companies seeking a professional and convenient workspace.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,746,000
      Market price range: $1.80M - $4.02M
      AI Estimate
      $2,746,000
      Market price range: $1.80M - $4.02M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,685,000
      Current use
      MEDICAL BUILDING
      $3,130,000
      Change: +17% Conversion: Easy
      RESTAURANT
      $2,970,000
      Change: +11% Conversion: Difficult
      RETAIL STORES
      $2,345,000
      Change: -13% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,190,000
      Change: -18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaverton
    County
    Washington
    State
    Oregon
    Longitude
    -122.855
    Latitude
    45.5353
    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
    $23,827
    $0.00
    $0.00
    $1,221,510
    -
    $1,101,880
    $195,180
    $1,297,060

    Comparable in this City

    • Value Estimation by Request
      13.47 Acres

      15272 Greenbrier Pkwy

      OFFICE (GENERAL) • 13.47 Acres
      15272 Greenbrier Pkwy, Beaverton, OR 97006-5764
      View Details
    • Value Estimation
      $5,745,000
      14,044 SF

      1800 169th Pl Ste D400

      OFFICE (GENERAL) • 14,044 SF
      1800 169th Pl Ste D400, Beaverton, OR 97006-8159
      View Details
    • Value Estimation
      $11,880,000
      47,114 SF

      16100 Cornell Rd

      OFFICE (GENERAL) • 47,114 SF
      16100 Cornell Rd, Beaverton, OR 97006-7334
      View Details
    • Value Estimation by Request
      4.29 Acres

      9025 Von Neumann Dr Ste, Unit 170

      OFFICE (GENERAL) • 4.29 Acres
      9025 Von Neumann Dr Ste, Hillsboro, OR 97006-7020
      View Details
    • Value Estimation by Request
      4.68 Acres

      9225 Turing Ct, Unit 170

      OFFICE (GENERAL) • 4.68 Acres
      9225 Turing Ct, Hillsboro, OR 97006-7023
      View Details
    • Value Estimation by Request
      1.83 Acres

      1895 169th Pl

      OFFICE (GENERAL) • 1.83 Acres
      1895 169th Pl, Beaverton, OR 97006-4849
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      38,081 SF

      Beaverton Office Building For Lease

      Well-maintained office building with existing improvements suitable for single user.
      1195 NE Compton Dr, Beaverton, OR 97006
      View Details
    • Contact for pricing
      43,617 SF

      Beaverton Office Building For Sale

      43,617 SF office building in Beaverton, Oregon.
      2555 SW 153 Dr, Beaverton, OR 97006
      View Details
    • Contact for pricing

      Beaverton Industrial Space Available

      Industrial space in Beaverton, Oregon, with access to transportation routes.
      21615 Southwest Tualatin Valley Hwy, Beaverton, OR 97006
      View Details
    • $319,000

      Buildable Land in Prime Location

      Prime Beaverton land suitable for various residential development projects.
      Waterleaf St, Beaverton, OR 97006
      View Details
    • $217,500

      Spacious Townhouse-Style Condo in Beaverton

      3 bed, 2 bath condo in park-like community with amenities.
      1664 NW Rolling Hill Dr, Beaverton, OR 97006
      View Details
    • Contact for pricing
      32,766 SF

      Beaverton Retail Property for Sale

      Retail property available in Beaverton, Oregon, with 32,766 square feet.
      1265 NW Waterhouse Ave, Beaverton, OR 97006
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr

      Office Space with Free Parking

      Office space in Beaverton with ample free on-site parking.
      1905 NW 169Th Pl, Beaverton, OR 97006
      View Details
    • Contact for pricing

      Functional Spaces in Beaverton

      Functional spaces with restrooms and signage opportunities in Beaverton.
      Beaverton, OR 97006
      View Details
    • Contact for pricing

      Hillsboro Office, Lab, and R&D

      Premier property in Hillsboro for office, lab, and R&D.
      Hillsboro, OR 97006
      View Details
    • Contact for pricing

      Office/Warehouse Space for Rent

      Office and warehouse space available for lease.
      16500 NW Bethany Ct, Beaverton, OR 97006
      View Details
    • Contact for pricing

      Class A Office Space

      Modern office space in a prime location near Highway 26.
      1500 NW Bethany Blvd, Hillsboro, OR 97006
      View Details
    • $18 SF/Yr
      30,000 SF

      Available Office Space for Sublease

      Sublease office space with high ceilings, available now.
      8860 NE Von Neumann Dr, Beaverton, OR 97006
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2155 173rd Ave Ste, Unit 104
    Beaverton, OR 97006-3563
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!