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6830 Atlanta St 203 Portland, OR 97223-2522

OFF-MARKET Office Spaces Google Maps
7,949 SF 0.37 ac lot Built 2006
Entity Owned 6-yr Hold ~ Est. High Equity
Estimated value (blended)
$2.33M
Range $2.10M – $2.56M (±10%)
Property ID US71-0025901

Property summary

AI-generated overview

This exceptional ground floor office space, totaling 2,026 rentable square feet, presents a rare leasing opportunity in the desirable Tigard Triangle. The suite boasts five private offices and a dedicated conference room, providing ample space for a variety of business needs. Built in 2006, this well-maintained building offers convenient access to major transportation arteries, including I-5, Highway 217, and Highway 99, ensuring seamless commutes for employees and clients. The property sits on a 0.37-acre lot and includes 20 total parking spaces, with ample free off-street parking available for tenants. The building is zoned MUE and located in Washington County. The building features local on-site ownership, occupying the second floor, providing a sense of stability and local connection. The entire building encompasses 8,217 square feet, with the available space representing a significant portion of the ground floor. This is a prime opportunity for a business seeking a well-appointed, conveniently located office space in a thriving area. The multiple tenancy structure allows for a diverse and collaborative environment. Don't miss this chance to secure your ideal workspace in the heart of the Tigard Triangle.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2006
Total area 7,949 SF
Lot 0.37 ac (16,117 SF)
Zoning code TMU
APN 1S136DD-00900
UPID US71-0025901

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
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Financial Advisor
  • Financial Advisor
  • Financial Advisor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.40M
Blend (final) Blend
$2.33M

Owner & transaction history

since 2019
7 recorded transactions
2019
$2.3M
2019
Price N/A
2007
Price N/A
2005
Price N/A
1995
$155,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

TMU · Portland, OR
Top alternative use upside
Restaurant $2.7M +18.0%
Auto repair, garage $2.4M +5.2%
Medical building $2.4M +4.0%

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
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