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    5241 NE 89Th Ave Portland, OR 97220

    For Lease
    $1.80 SF/Yr ($1,725 /Mo)

    Gated commercial land with easy access to the airport.

    Property size:
    11,500 SF
    Lot size:
    11.00 Acres

    Property Features for 5241 NE 89Th Ave

    General Information

    Size
    11,500 SF
    Lot size
    11.00 Acres

    Source: Stacy Looney Agent Stacy Looney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Secured Land Near PDX Airport

    This secure and gated commercial land is located just west of the 205, providing convenient access to major transportation routes. Its proximity to PDX Airport facilitates travel for tenants and clients. The flat lot offers versatility for various potential uses. The well-maintained premises include ample parking space for tenants and visitors. The property is situated in the Northeast Portland market, offering convenient access to the airport and major freeways. The property size is 11500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Escape Campervans Car Rental Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5717812
    Latitude
    45.5616447

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    FAQs

    What type of property is this?
    Land - Gated commercial land with easy access to the airport.
    Where is this land located?
    The property is located at 5241 NE 89Th Ave Portland, OR.
    What is the lease rate?
    The lease rate is $1.80 SF/Yr.
    What are key features of this property?
    This property features: - Prime location just west of the 205, providing easy access to key transportation routes.; - Excellent proximity to PDX Airport for convenient travel.; - Gated and secured lot for added safety and security.
    (760) 550-8670
    Request Owner's contact information
    5241 NE 89Th Ave Portland, OR 97220
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    Portland, OR 97220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5241 NE 89Th Ave Portland, OR 97220
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