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Property profile & analytics

4655 Griffith Dr Beaverton, OR 97005-8728

  • Retail space
  • 9,091 SF
  • 1.40 lot acres
OFF-MARKET
Value Estimations
$3,140,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US71-0020952
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Signature Insurance Agency OR / Insurance Agency
  • wok n guys pdx / Asian Restaurant
  • Noodles and Company / Pasta Shop / Salad Shop
  • A New Vision, PC / Eye Care Center / Optometrist
  • Ki Coffee & Brunch / Coffee Shop

Property Details for 4655 Griffith Dr

Year built
2006
Lot size
1.40 lot acres
Property size
9,091 SF
Zone code
RC-E
Property type
Retail space
APN
1S115BD-03502
APU
1S115BD03502

Description

This exceptional 1,578 square foot retail space is ideally situated in the heart of Beaverton's central westside, at 4655 SW Griffith Dr, Beaverton, OR 97005. Located within the Shops at Griffith Park, this property offers immediate occupancy in a vibrant commercial center. The space is entirely vacant and presents a blank canvas for a variety of retail uses. Its prime location boasts excellent visibility and accessibility, benefiting from adjacency to Beaverton Town Square and proximity to major retailers such as Trader Joe's, Buffalo Wild Wings, Olive Garden, Fred Meyer, Home Depot, Target, and Kohl's. This strategic positioning within a high-traffic area ensures significant foot traffic and exposure to a substantial customer base. The surrounding trade area is characterized by above-average household incomes, high educational attainment, and a strong employment base, thanks to the presence of prominent employers including Intel, Tektronics, and Nike headquarters. This presents a compelling opportunity for businesses seeking a thriving location with a robust consumer demographic. The property is classified as Commercial Retail, with multiple tenancy options, and is located in Washington County, Oregon. The building's total square footage is 1,578 square feet, all of which is currently available for lease.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $3,138,000
    Market price range: $1.60M - $3.14M
    AI Estimate
    $3,138,000
    Market price range: $1.60M - $3.14M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $2,170,000
    Current use
    MEDICAL BUILDING
    $2,900,000
    Change: +34% Conversion: Difficult
    RESTAURANT
    $2,750,000
    Change: +27% Conversion: Easy
    COMMERCIAL (GENERAL)
    $2,270,000
    Change: +5% Conversion: Easy
    APARTMENT HOUSE (5+ UNITS)
    $2,025,000
    Change: -7% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Beaverton
County
Washington
State
Oregon
Longitude
-122.797
Latitude
45.4861
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$125,877
$0.00
$0.00
$6,047,690
-
$1,559,950
$5,531,150
$7,091,100
More about this property
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