1430 Clay StPortland, OR 97201

Property Details for 1430 Clay St

Year built

1959

Lot size

0.20 AC

Property size (Sq ft)

6,000 SF

Zone code

RHD

Property type

Office properties

APN

1S1E04AC 02300

APU

1S1E04AC02300

Description

This exceptional two-story executive office building, located at 1430 SW Clay Street in Portland, Oregon, presents a unique owner-user investment opportunity. The 7,500 square foot building, constructed in 1970, sits on a 12,880 square foot lot and is zoned RM3. The property offers ample parking, including both covered and surface spaces, ensuring convenient access for employees and clients. The interior layout is flexible and designed to maximize productivity and collaboration, featuring private offices, spacious conference rooms, and inviting open areas. This freestanding building provides a rare chance to acquire a highly functional and accessible office space in a desirable Portland location. The asking price is $1,950,000. The building's location within Multnomah County, zip code 97201, offers excellent visibility and accessibility. This is an ideal opportunity for a business seeking to establish a strong presence in a thriving urban environment. The property's size and layout provide significant potential for customization and future expansion, making it a sound long-term investment. Don't miss this chance to own a well-maintained, functional, and strategically located office building in the heart of Portland.

• CAP approach

  CAP return

  Valuation

  6%

  $1,647,960

  6.5%

  $1,521,194

  7%

  $1,412,537

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,155,480

  Geo Method

  $1,155,480

• Alternative Use

  Use

  Valuation

  Residential Income

  $1,886,280

  Hospitality / Lodging

  $1,727,823

  Institutional / Educational

  $1,437,528

  Healthcare / Senior Housing

  $1,486,967

  Retail / Commercial

  $2,236,155

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5157

Longitude

-122.69

CBSA code

38900

CBSA name

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

Property Tax & Assessments

FAQs

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