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    621 SW Alder St Portland, OR 97205

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    For Lease
    $21 SF/Yr ($10,412 /Mo)

    5,950 RSF office space with high ceilings and natural light.

    Property size:
    5,950 SF
    Lot size:
    0.23 Acres

    Property Features for 621 SW Alder St

    General Information

    Size
    5,950 SF
    Lot size
    0.23 Acres

    Source: Apex Real Estate Partners Agent Max Schlesinger

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

    Overview

    Downtown Portland Office Space Available

    This 5,950 RSF office space is available for rent in downtown Portland. The space features 16’ high ceilings and oversized windows that provide abundant natural light. The floor is secured with elevator access. A dedicated roll-up door and freight elevator are available. Showers are included. Ample hourly, daily, and monthly parking is available at market rates in the connected garage. The property benefits from excellent public transportation access and is within walking distance to numerous amenities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Alisha Moreland Psychiatrist Vyshika Willis, L.M.F.T. Counselor Maya M. Ferdschneider, ... Counselor Sheri Hamilton, M.A.C., ... Counselor PixelPool Inc Software Company

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6788802
    Latitude
    45.5201254

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    FAQs

    What type of property is this?
    Office space - 5,950 RSF office space with high ceilings and natural light.
    Where is this office space located?
    The property is located at 621 SW Alder St Portland, OR.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Central downtown Portland location with excellent public transportation access and walkability to countless amenities.; - 5,950 RSF available with **16’ high ceilings and abundant natural light** from oversized windows.; - Secured floor with elevator access.
    (503) 595-2840
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    621 SW Alder St Portland, OR 97205
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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
    621 SW Alder St Portland, OR 97205
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