Property profile

3331 Pacific Ave Forest Grove, OR 97116

OFF-MARKET
Medical Office Space
Property ID
US71-1525816
2,440 SF 0.83 ac lot Built 1985
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Total area 2,440 SF
Lot 0.83 ac (36,155 SF)
Zoning code CC
APN 1N332CC-03800
UPID US71-1525816

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
  • (Bike/Boat/Book/etc) Store

Location

3331 Pacific Ave Forest Grove, OR 97116-1914
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
$984k
Blend (final) Blend
$845k

Owner & transaction history

since 2018
1 recorded transaction
2018
$875,000

Zoning & alternative use

CC · Forest Grove, OR
Zoning description

The CC zone is established to promote a concentration of mixed uses including retail, service, office and residential uses along the regional transit corridor

General category MIXED_USE

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3331 Pacific Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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