12730 Stark StPortland, OR 97233

Property Details for 12730 Stark St

Year built

1981

Lot size

0.04 AC

Property size (Sq ft)

600 SF

Zone code

C02

Property type

Office properties

APN

1S2E02BB 50062

APU

1S2E02BB50062

Description

This exceptional opportunity presents a rare chance to acquire a 1,200 square foot office space in a thriving Portland professional plaza. The property includes both the building and the land, encompassing two combined tax lots, offering significant long-term investment potential. Ideal for a variety of professional uses, including but not limited to dental, medical, legal, architectural, engineering, or accounting practices. This versatile space provides the perfect environment for business growth and equity building. The property benefits from a well-managed Homeowners Association (HOA) that handles exterior maintenance, including roof repairs, landscaping, and security, ensuring a worry-free ownership experience. Ample, free, and unlimited parking is provided for both clients and staff, enhancing the prestige and convenience of the location. This is a unique chance to own rather than lease, offering significant financial advantages and long-term stability. The property's location in a well-established professional plaza ensures high visibility and accessibility. Don't miss this exceptional opportunity to secure your business's future in a prime Portland location.

• CAP approach

  CAP return

  Valuation

  6%

  $164,796

  6.5%

  $152,119

  7%

  $141,254

• Comparable approach

  Method

  Valuation

  Relative Method

  $115,548

  Geo Method

  $115,548

• Alternative Use

  Use

  Valuation

  Residential

  $188,628

  Hospitality

  $172,782

  Educational

  $143,753

  Medical

  $148,697

  Retail

  $223,616

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.518

Longitude

-122.533

CBSA code

38900

CBSA name

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

Property Tax & Assessments

FAQs

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