12720 2Nd StBeaverton, OR 97005

Property Details for 12720 2Nd St

Lot size

0.23 AC

Property size (Sq ft)

2,882 SF

Zone code

RC-OT

Property type

Medical offices

Property subtype

Medical centers

APN

1S116AD-06500

APU

1S116AD06500

Description

This exceptional 2,882-square-foot commercial property, situated on a 0.39-acre lot at 12720 SW 2nd St in Beaverton, Oregon, presents a compelling investment opportunity. Located in the thriving heart of Old Town Beaverton, this mixed-use building boasts a highly desirable location with excellent visibility and accessibility. The classic design features expansive storefront windows, creating an inviting and attractive space for a variety of commercial ventures. The spacious main floor is adaptable to a wide range of uses, including retail, office, or service-oriented businesses. A significant advantage is the inclusion of a large, dedicated parking lot, providing ample parking for customers and employees – a rare commodity in this bustling area. The property's strategic location within Old Town Beaverton places it amidst a vibrant mix of local shops, restaurants, and convenient public transportation options, ensuring high foot traffic and easy access for clientele. This property offers significant growth potential and is an ideal choice for businesses seeking a prominent and well-connected location to establish or expand their operations. The asking price is $1,400,000.

• CAP approach

  CAP return

  Valuation

  6%

  $510,866

  6.5%

  $471,569

  7%

  $437,885

• Comparable approach

  Method

  Valuation

  Relative Method

  $489,095

  Geo Method

  $555,016

• Alternative Use

  Use

  Valuation

  Residential

  $584,745

  Hospitality

  $535,624

  Educational

  $445,633

  Medical

  $460,958

  Retail

  $693,206

Location Insight

City

Beaverton

County

Washington

State

Oregon

Latitude

45.4856

Longitude

-122.808

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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