7201 Interstate Ave Portland, OR 97217-5523
Property profile & analytics
7201 Interstate Ave Portland, OR 97217-5523
- Medical Office Space
- 48,420 SF
- 0.97 lot acres
Property ID
US71-0893734
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
- Miguel A. Camacho, MA / Physician
- Kaiser Permanente North Interstate Services Building / Medical Clinic
- Dr. Krista Lowen / Dental Office
- David Au-Yeung / Dental Office
- CHRISTINE JULIE OLSON / Physician
Property Details for 7201 Interstate Ave
- Year built
- 1976
- Lot size
- 0.97 lot acres
- Property size
- 48,420 SF
- Zone code
- CG
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 1N1E16AA 00300
- APU
- 1N1E16AA00300
Description
This exceptional 48,420 square foot, two-story Class B office building presents a unique owner-user investment opportunity in Portland, Oregon. Located at 7201 N Interstate Ave, in Multnomah County, zip code 97217, this single-tenant property sits on a 0.97-acre lot and was built in 1976. The building's low-rise design and ample surface parking offer significant cost advantages compared to high-rises, making it easy to adapt to evolving business needs. Its convenient location provides easy access to I-5, Portland International Airport, and a MAX light rail stop, serving a population of approximately 312,609 within a 5-mile radius. The property benefits from its location in a thriving area attracting major technology companies, contributing to a strong and diverse talent pool. This presents an attractive opportunity to secure long-term cost savings by eliminating rent payments, while simultaneously building after-tax equity. The asking price for this exceptional investment is $10,000,000.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,277,000
- AI Estimate
- $9,277,000
Market price range: $6.94M - $20.3MMarket price range: $6.94M - $20.3M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $14,625,000 Current use
- AUTO REPAIR, GARAGE
- $14,785,000 Change: +1% Conversion: Difficult
- RETAIL STORES
- $14,535,000 Change: -1% Conversion: Difficult
- OFFICE BUILDING
- $13,995,000 Change: -4% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $13,770,000 Change: -6% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.683
- Latitude
- 45.5759
- 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
$121,011
$0.00
$0.00
$4,566,660
-
$3,388,000
$5,468,950
$8,856,950
