14025 Farmington RdBeaverton, OR 97005

  • Office properties
  • 6,920 SF
For Sale
$4,160,000 View listing

Property Details for 14025 Farmington Rd

Lot size
0.01 AC
Property size (Sq ft)
6,920 SF
Zone code
GC
Property type
Office properties
APN
1S116BC-90100
APU
1S116BC90100

Description

This exceptional 20,795 square foot executive office building, located at 14025 SW Farmington Rd in Beaverton, Oregon, presents a unique owner/user opportunity. Built in 1983 and situated on a 0.78-acre lot, the three-story building boasts 66 parking spaces, plus additional street parking. Recent improvements include renovated common areas, exterior siding and entry upgrades, and a new HVAC system throughout. The wood-frame structure features a torch-down roof and cedar siding. The property is zoned GC and offers excellent signage visibility on Farmington Road. Currently, tenants are primarily on short-term leases, providing flexibility for an owner/user to occupy a portion or all of the building. Its convenient location offers easy access to public transportation, including bus lines, the Beaverton Transit Center, and the MAX light rail. The asking price is $4,160,000, translating to a land value of $200 per square foot. This presents a compelling investment opportunity with the flexibility to expand or downsize in the future, making it an ideal long-term asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,226,646
    6.5%
    $1,132,289
    7%
    $1,051,411
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,174,371
    Geo Method
    $1,332,654
  • Alternative Use

    Use
    Valuation
    Residential
    $1,404,038
    Hospitality
    $1,286,091
    Educational
    $1,070,013
    Medical
    $1,106,812
    Retail
    $1,664,464
14025 Farmington Rd, Beaverton, Oregon

Location Insight

City
Beaverton
County
Washington
State
Oregon
Latitude
45.4868
Longitude
-122.821
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,757
-
-
$603,670
-
-
$986,660
$986,660

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