14025 Farmington RdBeaverton, OR 97005
- Office properties
- 6,920 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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