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    1650 NW Naito Pkwy Portland, OR 97209

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    For Lease
    Contact for pricing

    Modern office building with riverwalk access and updated amenities.

    Property size:
    64,237 SF
    Lot size:
    3.17 Acres

    Property Features for 1650 NW Naito Pkwy

    General Information

    Size
    64,237 SF
    Lot size
    3.17 Acres

    Source: CBRE | Portland Agent Lana Baldock

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

    Overview

    Renovated Office Space with Amenities

    This commercial property, built in 1987 and renovated in 2022, offers 64,237 square feet of space suitable for office use, fitness centers, gyms, and sports and entertainment purposes. The property features a new pergola at the outdoor plaza, providing direct access to the riverwalk trail along the Willamette Riverfront. Newly completed amenities include a conference space, a fitness and bike center equipped with showers and lockers. The property also features fully renovated restrooms, entrances, and lobbies, along with renovated common corridors. Onsite surface parking is available, with 292 spaces providing a parking ratio of 2.34 per 1000 square feet. The zoning is EX-DEG.
    Location Intelligence

    Current Use by Public Records

    Fremont Place Apartment Complex ACGI Shipping Freight Forwarding Service Shapiro & Associates Inc Environmental Program Biggerstaff Albert Architect

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6836375
    Latitude
    45.5357603

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    FAQs

    What type of property is this?
    Office building - Modern office building with riverwalk access and updated amenities.
    Where is this office building located?
    The property is located at 1650 NW Naito Pkwy Portland, OR.
    What are key features of this property?
    This property features: - Direct access to the riverwalk trail along the Willamette Riverfront.; - Newly completed conference space, fitness and bike center with showers and lockers.; - Fully renovated restrooms, entrances and lobbies.
    (503) 221-4859
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    1650 NW Naito Pkwy Portland, OR 97209
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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
    1650 NW Naito Pkwy Portland, OR 97209
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