Technical
Financial
Distress signals
Property profile

2240 Masonic Way Forest Grove, OR 97116

OFF-MARKET
Office Spaces
Property ID
US71-0083648
4,992 SF 4.15 ac lot
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Total area 4,992 SF
Lot 4.15 ac (180,774 SF)
Zoning code RMH
APN 1N332C0-02300
UPID US71-0083648

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
  • Community Center

Location

2240 Masonic Way Forest Grove, OR 97116-2018
Forest Grove metro Census 33201 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
$1.38M
Blend (final) Blend
$455k

Owner & transaction history

Zoning & alternative use

RMH · Forest Grove, OR
Zoning description

The RH zone is intended fordevelopmentof multi unit residential buildings and this zone also allows small lot single unit homes

General category RESIDENTIAL
Top alternative use upside
Medical building $1.6M +15.1%

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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