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Property profile & analytics
OFF-MARKET Estimated value $3,200,000
Commercial real estate

4309 Oakridge Rd Lake Oswego, OR 97035-3418

0.67 ac lot Built 1983
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US71-0364159
Property summary
AI-generated overview

This exceptional 7,387 square foot office building in Lake Oswego, Oregon, presents a unique owner-user opportunity. Located at 4309 Oakridge Road, this Class B property boasts a prime location, just one block from Boones Ferry Road, offering excellent visibility and accessibility. Built in 1983 and extensively renovated in 2019, the two-story building features a highly efficient floor plan suitable for various medical or professional uses. The single-tenant occupancy provides flexibility for a variety of businesses. The 29,185 square foot lot provides ample space, including 30 off-street parking spaces. Situated in the Lake Grove submarket, this property benefits from its proximity to thriving commercial centers like Mercato Grove and Bridgeport Village, ensuring high traffic exposure and access to affluent residential areas. The NC (Neighborhood Commercial) zoning allows for a range of uses. This is an ideal opportunity for a business seeking a well-maintained, conveniently located office space in a desirable area. The property's recent renovations ensure modern amenities and functionality, making it ready for immediate occupancy. The abundant parking further enhances its appeal. This building offers a blend of convenience, functionality, and prime location within a strong local economy.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Lot 0.67 ac (29,249 SF)
Zoning code NC/R-0
APN 21E08CB00500
UPID US71-0364159
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.20M
Owner & transaction history
Bhg Oakridge LLC · 2 yrs held
Bhg Oakridge LLC
since 2023
Last sale
$3.2M
7 recorded transactions
2023
$3.2M
2022
Price N/A
2021
Price N/A
2018
Price N/A
2018
Price N/A
2018
$2.8M
2007
$2.2M
Zoning & alternative use
NC/R-0 · Lake Oswego, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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