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Property profile & analytics
OFF-MARKET Estimated value $505,000
Medical Office Space

545 Oak St Ste A Hillsboro, OR 97123-4147

1,284 SF 0.03 ac lot
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-1889815
Property summary
AI-generated overview

This exceptional 3,340 square foot medical office condo, located at 545 SE Oak St, Suite C, Hillsboro, OR 97123, presents a unique owner-user opportunity. Situated in a serene medical complex in downtown Hillsboro, this single-story, 1985-built building offers a convenient location near the Hillsboro Medical Center and numerous complementary businesses. The property boasts eleven clinic rooms, a reception area, a front office, a break room with kitchenette, and three bathrooms, making it ideal for a variety of medical practices. Previously used as a cardiology clinic, the suite features abundant natural light and access to a courtyard garden. The property includes access to a shared 37-stall parking lot and an additional 22 gated parking spaces nearby, totaling 59 parking stalls. The convenient location offers easy access to the Hillsboro Airport (5-minute drive) and Downtown Portland (30-minute drive), and is within three blocks of two MAX Light Rail stops. The property sits on a 3,506 square foot lot and is zoned SCC-DT Commercial. The asking price is $825,000. This is a rare opportunity to acquire a well-appointed medical office space in a thriving, centrally located area within Oregon's "Silicon Forest." The APN is R1344058.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 1,284 SF
Lot 0.03 ac (1,335 SF)
Zoning code SCC-DT
APN 1S206BA-90001
UPID US71-1889815
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
$506k
Blend (final) Blend
$505k
Owner & transaction history
Aanderud Real Estate LLC · 10 yrs held
Aanderud Real Estate LLC
since 2016
6 recorded transactions
2016
$300,000
2016
Price N/A
2007
$225,000
2005
Price N/A
2001
$225,000
1969
Price N/A
Zoning & alternative use
SCC-DT · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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