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    425 SW 5Th Ave Portland, OR 97209

    For Sale
    Contact for pricing

    Premier location with high development potential in Portland's CBD.

    Property size:
    77,315 SF
    Lot size:
    0.69 Acres

    Property Features for 425 SW 5Th Ave

    General Information

    Size
    77,315 SF
    Lot size
    0.69 Acres

    Source: Menashe Properties Agent Lauren Menashe

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

    Overview

    Portland Qualified Opportunity Zone Site

    This premier site is located in a qualified opportunity zone in Portland. The landmark location in the central business district offers significant development potential, with zoning allowing for the greatest floor area ratio and tallest height in Portland. The site allows for a 540,000 square feet development with approximately 36 stories on a half-block site. The property currently generates income from credit tenants and parking. The location offers spectacular river and mountain view potential. Situated directly on the MAX transit line, the property benefits from a gateway location on SW Washington and SW Stark, the primary entry and exit corridors to and from downtown. It provides direct access to the Morrison Bridge, Central Eastside, I-84, I-5, and I-405. The surrounding area features thriving retail amenities, dynamic employment and population growth, and a booming office market driven by high-tech companies. The area also benefits from excellent hotel dynamics. The property is 77,315 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -122.6770741
    Latitude
    45.520426

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    FAQs

    What type of property is this?
    Office building - Premier location with high development potential in Portland's CBD.
    Where is this office building located?
    The property is located at 425 SW 5Th Ave Portland, OR.
    What are key features of this property?
    This property features: - 540,000 SF development potential with ± 36 stories allowed.; - Landmark central CBD location in a qualified opportunity zone.; - Zoning provides greatest FAR and tallest height allowed in Portland.
    (503) 221-4040
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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
    425 SW 5Th Ave Portland, OR 97209
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