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Property profile & analytics
FOR LEASE
Office Spaces
9570 SW Barbur Blvd, Portland, OR 97219
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-0705512
For Lease
1 / 17
$21 SF/Yr
9570 SW Barbur Blvd, Portland, OR 97219
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Property summary
AI-generated overview
The Barbur Business Center, located at 9570 SW Barbur Blvd, Portland, OR 97219, offers multiple executive office suites for lease. This 34,722 square foot building sits on a 1.39-acre lot in Multnomah County and is zoned CO2. Currently, 10,972 square feet of space is available, with individual suites ranging from a minimum of 1,260 square feet to a maximum contiguous space of 2,912 square feet. The building features a total of six suites, providing a variety of options to suit different business needs. Each suite offers a desirable blend of open work areas and private offices, maximizing flexibility and productivity. Enjoy abundant natural light and stunning views of Mount Hood. Parking is provided at a ratio of 3 spaces per 1000 square feet. This exceptional location in Portland offers easy access to major transportation routes and amenities. The property presents a unique opportunity for businesses seeking high-quality, well-maintained office space in a desirable area. Inquire today to learn more about the available suites and lease terms.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1980
Total area
34,722 SF
Lot
1.57 ac (68,389 SF)
Zoning code
CO2
APN
1S1E29BD 07600
UPID
US71-0705512
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
Current use
Occupant on record · Public records
-
Acadia NW Medical Clinic
-
Russel Consulting Group Insurance Agency
-
Persian School - Iranian Women Association of OREGON (IWAO) Training Center Tutoring Service
-
Magus Corporation Employment Agency
-
Sunrise Medical Consultants Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.17M
Blend (final)
Blend
$6.17M
Owner & transaction history
Az Kashi Management LLC · 6 yrs held
Az Kashi Management LLC
since 2019
7 recorded transactions
Zoning & alternative use
CO2 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$10.0M
+0.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,000,000
Current use
OFFICE BUILDING
$10,035,000
Change: +0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$9,230,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$6.17M
Range $5.55M – $6.79M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$178 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$66,451
Tax year 2023
Assessed value
$2,510,090
Assessed 2023
Previous assessed
$2,436,990
+3.0% YoY
Effective rate
2.65%
On assessed value
Land market value
$2,821,050
Improvement market value
$2,953,110
Total market value
$5,774,160
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1980
Heating
NONE
Stories
3
Total area
34,722 SF
Lot
1.57 ac (68,389 SF)
Zoning code
CO2
APN
1S1E29BD 07600
UPID
US71-0705512
Jurisdiction
MULTNOMAH
Zoning & alternative use
CO2 · Portland, OR
Zoning CO2 · permitted uses
CO2 · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$10.0M
OFFICE BUILDING
Est. value
$10.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.2M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Stories
3
Lot
1.57 ac
Current owner
From public records · entity-resolved
Az Kashi Management LLC
Entity
Mailing address
10101 SW BARBUR BLVD STE #200, PORTLAND, OR 97219-5915
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2019
$4,100,000
Az Kashi Management LLC
Capitol Properties LLC
Warranty Deed
$3,280,000 · Bank Of The West
Apr 4, 2008
—
Capitol Properties LLC
—
Deed Of Trust
related
$3,525,000 · Sterling Savings Bank
Jul 1, 1990
$950,000
Stanley C Fisher
Unknown
Grant Deed
—
—
—
Kathy L Leskey
—
Deed Of Trust
related
$42,661 · Brown & Co
—
—
Daivd J Mills
—
Deed Of Trust
related
$59,269 · Brown & Co
—
—
Matthew A Porter
—
Deed Of Trust
related
$34,305 · Brown & Co
—
—
Scott M Mason
—
Deed Of Trust
related
$66,150 · Brown & Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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