Technical
Financial
Distress signals
Property profile

545 Oak St Ste A Hillsboro, OR 97123

OFF-MARKET
Medical Office Space
Property ID
US71-1889815
1,284 SF 0.03 ac lot
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician
  • Physician
  • Physician Medical Clinic

Location

545 Oak St Ste A Hillsboro, OR 97123-4147
Hillsboro metro Census 32501 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
$506k
Blend (final) Blend
$290k

Owner & transaction history

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
Zoning description

The standards of the SCC-DT zone are intended to create a downtown core that is a vibrant and active place, with shopping, dining, entertainment venues, arts and cultural experiences, civic activities and spaces and publ…

General category CIVIC_INSTITUTIONAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 545 Oak St Ste A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message