Property profile

419 23rd Ave 425 Portland, OR 97210

OFF-MARKET
Medical Office Space
Property ID
US71-0793707
3,944 SF 0.28 ac lot Built 1963
Individually Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1963
Total area 3,944 SF
Lot 0.28 ac (12,000 SF)
Zoning code CS
APN 1N1E33CB 04700
UPID US71-0793707

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

Location

419 23rd Ave, Unit 425 Portland, OR 97210-3470
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
$1.44M
Blend (final) Blend
$655k

Owner & transaction history

since 2016
5 recorded transactions
2016
Price N/A
2015
Price N/A
2008
$318,000
2007
Price N/A
1988
$150,000

Zoning & alternative use

CS · Portland, OR
Top alternative use upside
Commercial (general) $1.3M +10.1%
Auto repair, garage $1.2M +1.1%

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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