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    2421-2455 SE 11Th Ave Portland, OR 97212

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    For Sale
    $975,000

    Creative industrial building in high exposure Central Eastside location.

    Property size:
    12,740 SF
    Lot size:
    0.42 Acres

    Property Features for 2421-2455 SE 11Th Ave

    General Information

    Size
    12,740 SF
    Lot size
    0.42 Acres

    Source: Macadam Forbes Agent Rod Brokenshire

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

    Overview

    Creative Industrial Building For Sale

    This 12,740 square foot creative industrial building is situated on 18,227 square feet of land in a high exposure Central Eastside location. Constructed in 1966 with concrete-tilt construction, the building was renovated in 2013. The property is zoned General Industrial, IG1. It is located steps from TriMet’s FX-2 Division high-speed bus line and the Clinton St/SE 12th Ave MAX Orange Line Station.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    Accent Party Planning, Ingallina's Box Lunch, ChefStable Catering, Sugar Street Catering, Trailhead Coffee Roasters

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6550508
    Latitude
    45.5051917

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    FAQs

    What type of property is this?
    Flex space - Creative industrial building in high exposure Central Eastside location.
    Where is this flex space located?
    The property is located at 2421-2455 SE 11Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - High exposure Central Eastside location; - 12,740 SF creative industrial building on 18,227 SF land; - General Industrial, IG1 zoning
    (503) 227-2500
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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
    2421-2455 SE 11Th Ave Portland, OR 97212
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