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    2909 NW 31St Ave Portland, OR 97210

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    For Lease
    $0.85 SF/Yr ($7,998 /Mo)

    Industrial space in Portland's core industrial zone, ready now.

    Property size:
    112,925 SF
    Lot size:
    112,925 SF

    Property Features for 2909 NW 31St Ave

    General Information

    Size
    112,925 SF

    Building Details

    Year built
    1958

    Source: Don Ossey, SIOR Agent Don Ossey, SIOR

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

    Overview

    Guild's Lake Industrial Space

    This industrial space, located in the heart of Portland’s Guild’s Lake industrial zone, offers approximately 20,000 square feet for sublease. The location provides convenient access to Downtown and major freeways including Hwy 30, I-405, and I-5. The space is available immediately with flexible sublease terms; the master lease expires in June 2035. It features a functional dead storage area suitable for overflow inventory, staging, or seasonal equipment. Racking is already in place. The property includes 120 square feet of office space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    ReadySpaces, U-Store Self Storage Portland West, Willamette Wine Storage, Record Nations, Spectrum Information Services NW Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.7149844
    Latitude
    45.5433297

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    FAQs

    What type of property is this?
    Warehouse - Industrial space in Portland's core industrial zone, ready now.
    Where is this warehouse located?
    The property is located at 2909 NW 31St Ave Portland, OR.
    What is the lease rate?
    The lease rate is $0.85 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Heart of Portland's Guild's Lake industrial zone, close to downtown.; - Immediate Occupancy: Available now, ready for use.; - Favorable Sublease Rate: $0.85 SF Gross.
    (503) 781-4008
    Request Owner's contact information
    2909 NW 31St Ave Portland, OR 97210
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    Portland, OR 97210
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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
    2909 NW 31St Ave Portland, OR 97210
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