12325 Canyon RdBeaverton, OR 97005

Property Details for 12325 Canyon Rd

Year built

1980

Lot size

0.98 AC

Property size (Sq ft)

17,748 SF

Zone code

RC-TO

Property type

Automotive properties

APN

1S115BB-01000

APU

1S115BB01000

Description

This exceptional Beaverton, Oregon retail property, located at 12325 SW Canyon Road, offers a significant opportunity for automotive-related businesses. The entire 107,655 square foot building is currently vacant and available for lease. The property features four individual suites, with a minimum divisible space of 6,800 square feet and a maximum contiguous space of 61,855 square feet, providing flexibility for various business needs. The property sits on a substantial 42,471 square foot lot, offering ample space for outdoor operations. Built in 1970, the building is zoned RC-BC and is located in Washington County, Oregon, zip code 97005. The existing lease has an expiration date of March 31, 2029, with the potential for extension through a direct lease with the property owner. This presents a unique chance to secure a large, versatile retail space in a prime Beaverton location, ideal for showrooms, retail areas, automotive repair, car sales, or car storage. The property's size and layout offer significant potential for a variety of automotive-related businesses or a single large tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $4,624,662

  6.5%

  $4,268,918

  7%

  $3,963,996

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,590,129

  Geo Method

  $8,613,133

• Alternative Use

  Use

  Valuation

  Residential

  $3,600,992

  Hospitality

  $3,298,490

  Educational

  $2,744,304

  Medical

  $2,838,686

  Retail

  $4,268,918

Location Insight

City

Beaverton

County

Washington

State

Oregon

Latitude

45.489

Longitude

-122.804

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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