5499 Amy St West Linn, OR 97068-3320
Property profile & analytics
5499 Amy St West Linn, OR 97068-3320
- Commercial real estate
- 0.32 lot acres
Property ID
US71-0567061
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.
Location Intelligence
Current Use by Public Records
- Northwest Extremity Specialists / Physician
- Dr. Peter Pham / Physician
- Franey & Associates / Consultant
Property Details for 5499 Amy St
- Year built
- 1997
- Lot size
- 0.32 lot acres
- Zone code
- GC
- Property type
- Commercial real estate
- APN
- 22E30CA05300
- APU
- 22E30CA05300
Description
This exceptional Class A, 5,784 square foot medical office building presents a compelling investment opportunity in West Linn, Oregon. Boasting 100% occupancy with two tenants under a modified lease structure, the property generates a strong NOI of $94,646, translating to a 6.50% cap rate at an asking price of $1,457,000. Built in 1997, this two-story building sits on a 13,828 square foot lot and benefits from a prime location just one minute from the Interstate 205 interchange, experiencing daily traffic counts exceeding 130,000 vehicles. The property is zoned for general commercial use and features 3% annual rent bumps, ensuring consistent income growth. Current in-place rents are significantly below market rates, offering substantial upside potential. The building's location, three blocks from West Linn High School, contributes to its desirability. The average household income within the immediate trade area is $195,301, with minimal medical/dental competition. This fee-simple ownership opportunity is ideal for a 1031 exchange. The property is priced at $251.90 per square foot, substantially below replacement cost in this high-barrier-to-entry submarket. This stabilized investment offers a secure and profitable return with significant long-term growth prospects.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,490,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Linn
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.612
- Latitude
- 45.365
- 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
$19,976
$0.00
$0.00
$1,043,788
-
$298,971
$1,439,770
$1,738,741
