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    2045 NE Martin Luther King Jr Way Portland, OR

    For Lease
    $12 SF/Yr ($10,015 /Mo)

    Office space for rent with convenient access and amenities.

    Property size:
    9,615 SF
    Lot size:
    0.44 Acres

    Property Features for 2045 NE Martin Luther King Jr Way

    General Information

    Size
    9,615 SF
    Lot size
    0.44 Acres

    Source: Macadam Forbes Agent Joe Kappler

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

    Overview

    Northeast Portland Office Space Available

    This office space, located in Northeast Portland, offers 9,615 square feet. The property benefits from close-in access to the surrounding area and nearby public transit options. A variety of restaurants and retail shops are located in close proximity to the building. Recent upgrades include new paint, lights, and a renovated main entry.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5134351
    Latitude
    45.4433066

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    FAQs

    What type of property is this?
    Office space - Office space for rent with convenient access and amenities.
    Where is this office space located?
    The property is located at 2045 NE Martin Luther King Jr Way Portland, OR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Close-in NE access for easy commuting.; - Nearby public transit options available.; - Enjoy the convenience of many nearby restaurants.
    (503) 227-2500
    Request Owner's contact information
    2045 NE Martin Luther King Jr Way Portland, OR
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    Portland, OR
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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
    2045 NE Martin Luther King Jr Way Portland, OR
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