Property profile

31700 Commercial St North Plains, OR 97133

OFF-MARKET
Office Spaces
Property ID
US71-0602335
7,427 SF 1.26 ac lot Built 1998
Individually Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1998
Total area 7,427 SF
Lot 1.26 ac (54,886 SF)
Zoning code IPU
APN 1N301CA-02100
UPID US71-0602335

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
  • Post Office Logistics Service
  • Car Wash
  • High School Daycare Center

Location

31700 Commercial St North Plains, OR 97133-0800
North Plains metro Census 32700 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
$2.20M
Blend (final) Blend
$1.23M

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2012
Price N/A
1993
$18,000

Zoning & alternative use

IPU · North Plains, OR
Zoning description

District serves the need for the designation of areas for necessary institutional uses, such as schools and churches, and public and semipublic uses, such as parks, a local government center and other governmental and pu…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Medical building $2.4M +15.1%
Restaurant $2.3M +9.2%

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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