9115 Oleson RdPortland, OR 97223

Property Details for 9115 Oleson Rd

Year built

1981

Lot size

2.81 AC

Property size (Sq ft)

46,473 SF

Zone code

EMP

Property type

Office properties

Property subtype

Other office properties

APN

1S126DB-02700

APU

1S126DB02700

Description

This Portland, Oregon office building, known as Fairway Center, offers multiple suites for lease. Located at 9115 SW Oleson Rd, Portland, OR 97223, near the intersection of Oleson Road, this Class B property boasts 48,150 square feet across three stories in a single building. Built in 1990 and renovated in 2015, the building features two elevators and ample parking. Available spaces range from 1,763 to 3,114 square feet, suitable for various business needs. The property sits on 2.81 acres of land and is zoned for commercial use. Its convenient location in Southwest Portland, between Multnomah Village and Tigard, offers easy access to public transportation (Tri-Met bus line) and major highways (I-5 and 217). The building's north-facing windows provide views of the Red Tail Golf Course. The property's APN is R0235702, and it's situated in Washington County. This versatile space is ideal for traditional office, medical office, or executive office uses. The building's multiple tenancy allows for flexibility in lease terms and space configurations.

• CAP approach

  CAP return

  Valuation

  6%

  $8,237,850

  6.5%

  $7,604,170

  7%

  $7,061,014

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,886,784

  Geo Method

  $8,949,770

• Alternative Use

  Use

  Valuation

  Residential

  $9,429,170

  Hospitality

  $8,637,069

  Educational

  $7,185,940

  Medical

  $7,433,076

  Retail

  $11,178,129

Location Insight

City

Portland

County

Washington

State

Oregon

Latitude

45.4544

Longitude

-122.773

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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