Property profile

2311 Northrup St 2327 Portland, OR 97210

OFF-MARKET
Medical Office Space
Property ID
US71-0677320
14,438 SF 0.23 ac lot Built 1956
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1956
Total area 14,438 SF
Lot 0.23 ac (10,058 SF)
Zoning code CS
APN 1N1E33BB 04200
UPID US71-0677320

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
  • Physician
  • Alternative Medicine Practice
  • Dental Office
  • Dental Office
  • Spa & Massage Center Alternative Medicine Practice

Location

2311 Northrup St, Unit 2327 Portland, OR 97210-2994
Portland metro Census 4700 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
$5.10M
Blend (final) Blend
$3.85M

Owner & transaction history

since 2013
7 recorded transactions
2018
Price N/A
2013
$3.9M
2006
$4.2M
2006
Price N/A
2005
Price N/A
2003
$2.9M
2000
$253,170

Zoning & alternative use

CS · Portland, OR
Top alternative use upside
Restaurant $4.9M +13.4%
Commercial (general) $4.8M +10.1%
Apartment house (5+ units) $4.5M +2.6%

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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