9011 Beaverton Hillsdale Hwy Portland, OR 97225-2452
- Office Properties & Spaces
- 13,576 SF
- 0.74 lot acres
Current Use by Public Records
- Right Time Counseling / Counselor
- Kun Bo Dang Acupuncture & Herb / Alternative Medicine Practice / Acupuncture
- Ronald M Turco MD / Physician
- ABC Mortgage / Loan Service / Bank
- Dr. Tanya Hudson, Naturopath in Portland / Pediatrician / Physician
Property Details for 9011 Beaverton Hillsdale Hwy
- Year built
- 1977
- Lot size
- 0.74 lot acres
- Property size
- 13,576 SF
- Zone code
- OC
- Property type
- Office Properties & Spaces
- APN
- 1S114AB-03100
- APU
- 1S114AB03100
Description
This exceptional 13,697 square foot, two-story office building presents a unique owner-user opportunity in Portland, Oregon's desirable Washington County. Located at 9011 SW Beaverton Hillsdale Hwy, this property boasts a prime location on a major thoroughfare with high visibility and convenient access. Currently 31% occupied, the building offers immediate potential for an owner-occupier to utilize up to 7,956 square feet of first-floor space, while generating rental income from existing tenants. An additional 1,517 square feet of rentable space is available on the second floor. Built in 1977, the building sits on a 39,203 square foot lot and includes 45 parking spaces. The asking price is $3,500,000, translating to $256 per square foot. The property's OC zoning allows for a variety of uses. Its strategic location directly across from Jesuit High School and near numerous amenities such as Fred Meyer, Chick-fil-A, and In-N-Out Burger, ensures high traffic and visibility. This presents a compelling investment opportunity for an owner-user seeking a prominent Portland address within the tax-friendly environment of Washington County, with the added benefit of potential rental income to offset operating costs. The seller will vacate their 6,531 square foot first-floor suite upon closing. The property's APN is R104167, R104176. This is a rare opportunity to acquire a well-located, established office building with significant upside potential.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,375,000
- AI Estimate
- $3,375,000
Market price range: $2.41M - $5.86MMarket price range: $2.41M - $5.86M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,910,000 Current use
- RESTAURANT
- $4,650,000 Change: +19% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $4,145,000 Change: +6% Conversion: Difficult
- MEDICAL BUILDING
- $4,100,000 Change: +5% Conversion: Easy
- RETAIL STORES
- $4,075,000 Change: +4% Conversion: Easy
- OFFICE BUILDING
- $3,925,000 Change: +0% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $3,610,000 Change: -8% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.769
- Latitude
- 45.4868
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA