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    FOR SALE
    Medical Office Space

    545 SE Oak St, Hillsboro, OR 97123

    3,340 SF Built 1985
    Entity Owned 7-yr Hold
    Property ID
    US71-0826459
    Property summary
    AI-generated overview

    545 SE Oak St is a single-level commercial suite in downtown Hillsboro, just a few blocks away from numerous complementary businesses and the Hillsboro Medical Center. The complex is primarily medical businesses; however, professional office uses also allowed. The Pacific Medical Bldg features a 37 stall parking lot shared by the constituent businesses (with access to an additional 22 stalls of gated parking through the alley). Hillsboro lies at the center of Oregon's "Silicon Forest," a fast growing tech and business center in Portland's western suburbs. Downtown includes Washington County offices, medical centers, and numerous shopping and dining destinations. It is served by two MAX Light Rail stops, both three blocks from 545 SE Oak St..

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1985
    Total area 3,340 SF
    UPID US71-0826459
    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
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    Owner & transaction history
    Aandernd Real Estate LLC · 7 yrs held
    Aandernd Real Estate LLC
    since 2018
    2 recorded transactions
    2018
    $230,000
    2017
    $435,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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