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Property profile & analytics
FOR SALE
Apartment buildings

7206 N Saint Louis Ave Portland, OR 97203

3,536 SF 0.11 ac lot Built 2023
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US71-0856242
Property summary
AI-generated overview

This exceptional 2,227 square foot executive office suite presents a unique opportunity for businesses seeking a modern and efficient workspace in Bonneville County, Idaho. Located at 3746 Woodking Drive, this single-tenant property boasts brand new 2024 construction, ensuring state-of-the-art amenities and a pristine environment. The entire space is currently vacant, offering complete flexibility for tenant build-out and customization to perfectly suit individual business needs. The property is classified as both retail and office space, providing versatility in its potential uses. The building's total square footage mirrors the available space, indicating a standalone structure ideal for a company seeking privacy and control over its premises. This is a single-tenant occupancy, eliminating the complexities of shared spaces and ensuring a focused and productive work environment. The property's modern design and prime location in Bonneville County offer an excellent opportunity for businesses to establish a strong presence in a thriving area. This is a rare chance to secure a brand-new, fully customizable space in a desirable location. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers. The property is ready for immediate occupancy.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2023
Total area 3,536 SF
Lot 0.11 ac (5,000 SF)
Zoning code R5
APN 1N1W01CD 09000
UPID US71-0856242
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.40M
Owner & transaction history
Dez Dev LLC · 7 yrs held
Dez Dev LLC
since 2018
3 recorded transactions
2018
$416,000
2018
Price N/A
2015
Price N/A
Zoning & alternative use
R5 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.1M +14.8%
Medical building $1.1M +13.6%
Office building $1.0M +8.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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