13835 Farmington RdBeaverton, OR 97005

  • Retail space
  • 6,900 SF
For Sale
$2,450,000 View listing

Property Details for 13835 Farmington Rd

Year built
1978
Lot size
0.25 AC
Property size (Sq ft)
6,900 SF
Zone code
GC
Property type
Retail space
APN
1S116BD-01003
APU
1S116BD01003

Description

This exceptional 6,900-square-foot Class A retail storefront building is ideally situated at 13835 SW Farmington Rd in Beaverton, Oregon, 97005. Boasting a prominent 167-foot frontage on a high-traffic road with over 25,000 cars daily, this vacant property offers unparalleled visibility and accessibility. Built in 1976 and extensively renovated in 2020, the building features a spacious warehouse with an oversized freight door and 3-phase power, perfect for efficient deliveries and storage. The property includes ample off-street parking for customer convenience. General Commercial (GC) zoning allows for a wide range of business uses. The building's roof and HVAC systems are less than four years old. Located just one mile from two major shopping centers and Highway 217, this standalone retail building benefits from excellent proximity to residential areas, schools, and major transportation arteries. The 12,197-square-foot lot provides ample space. Offered at $2,450,000 ($355.07 per square foot), this is a rare opportunity to acquire a high-quality, well-located retail property in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,797,958
    6.5%
    $1,659,654
    7%
    $1,541,107
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,950,862
    Geo Method
    $3,348,581
  • Alternative Use

    Use
    Valuation
    Residential
    $1,399,980
    Hospitality
    $1,282,374
    Educational
    $1,066,920
    Medical
    $1,103,613
    Retail
    $1,659,654
13835 Farmington Rd, Beaverton, Oregon

Location Insight

City
Beaverton
County
Washington
State
Oregon
Latitude
45.487
Longitude
-122.819
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
$15,180
-
-
$718,300
-
$314,500
$1,382,840
$1,697,340

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