Property profile

3406 Pacific Ave Forest Grove, OR 97116

OFF-MARKET
Medical Office Space
Property ID
US71-0767636
3,490 SF 0.3 ac lot Built 2012
Trust Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2012
Total area 3,490 SF
Lot 0.3 ac (13,068 SF)
Zoning code CC
APN 1S305BA-00600
UPID US71-0767636

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3406 Pacific Ave Forest Grove, OR 97116-2016
Forest Grove metro Census 33102 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
$834k
Blend (final) Blend
$835k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2015
$46,069
2010
$160,000
1997
$25,000
1990
$40,000
1969
Price N/A
1969
Price N/A

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
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