Property profile

25195 Pkwy Ave Wilsonville, OR 97070

OFF-MARKET
Office Spaces
Property ID
US71-0029959
27,000 SF 1.89 ac lot Built 1980
Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,088 square foot office suite, located in the newly renovated Black Butte Corporate Center in Wilsonville, Oregon, offers a prime location and modern amenities. Situated on the first floor, this space features two private offices, a welcoming reception area, and a convenient storage closet. The Black Butte Corporate Center is a 25,000 square foot building boasting eco-friendly updates, including new LED lighting, green-rated flooring and paint, and upgraded HVAC for energy efficiency. Tenants enjoy access to a shared conference room, ADA-compliant restrooms and a commuter shower, and a secure 24/7 access system. The building also features a large, well-lit parking lot. This Wilsonville location provides unparalleled convenience, with easy access to I-5 and proximity to major retailers such as Costco, Office Depot, Starbucks, and Target. The property is located at 25195 SW Parkway Ave, Wilsonville, OR 97070, in the Wilsonville submarket of Washington County. The building's exterior has been recently renovated, and the landscaped areas feature low-flow irrigation systems. 823 square feet of space is currently vacant within the building. Photos shown are representative of a similar suite. This is a multi-tenant building.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1980
Total area 27,000 SF
Lot 1.89 ac (82,328 SF)
Zoning code PDC
APN 3S102DA-00900
UPID US71-0029959

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
  • Construction Company General Contractor
  • Financial Advisor
  • Law Firm
  • Corporate Office
  • Alternative Medicine Practice

Location

25195 Pkwy Ave Wilsonville, OR 97070-9651
Wilsonville metro Census 32110 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.38M
Blend (final) Blend
$3.53M

Owner & transaction history

since 2015
Last sale
$3.4M
7 recorded transactions
2015
$2.6M
2014
Price N/A
2008
Price N/A
2005
Price N/A
2005
$3.8M
2005
Price N/A
1998
$1.8M

Zoning & alternative use

PDC · Wilsonville, OR
Zoning description

Section 4.131. PDC - Planned Development Commercial Zone. CHAPTER 4 - PLANNING AND LAND DEVELOPMENT PAGE B - 85. ZONING UPDATED JUNE 2019 Section 4.131. PDC - Planned Development Commercial Zone. The requirements of a PD…

General category PLANNED_DEVELOPMENT

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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