Entity Owned Property summary
The property is a retail center located at the intersection of I-5 and Highway 217, serving as an entry point to Lake Oswego and Kruse Way. It is situated in Southwest Portland within an area characterized by suburban office development and higher-income residential households. A retail unit within the center is configured with approximately 1,550 square feet of available space.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Medical Clinic
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Pediatrician Physician
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Skin Care Clinic
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
In the HC and FMU zones. (2) In the GC zone, outside of the Lake Grove Village Center, after approval of a conditional use permit. (3) In the Lake Grove Village Center Overlay district, a maximum of two restaurants with…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HC · Lake Oswego, ORIn the HC and FMU zones. (2) In the GC zone, outside of the Lake Grove Village Center, after approval of a conditional use permit. (3) In the Lake Grove Village Center Overlay district, a maximum of two restaurants with…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
In the HC and FMU zones. (2) In the GC zone, outside of the Lake Grove Village Center, after approval of a conditional use permit. (3) In the Lake Grove Village Center Overlay district, a maximum of two restaurants with…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HC in Lake Oswego, OR.
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