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    408 NW 5Th Ave Portland, OR 97209

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    For Lease
    Contact for pricing

    Move-in ready office space with flexible lease terms.

    Property Features for 408 NW 5Th Ave

    General Information

    Zoning
    CX - City of Portland

    Source: Clayton Madey, SIOR Agent Clayton Madey, SIOR

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

    Overview

    NW Portland Office Space Available

    This property offers plug-and-play lease opportunities with flexible size options in a prominent location in Northwest Portland. Short and long-term lease options are available. The location is highly visible and accessible, situated on the corner of Northwest 5th Avenue and Northwest Flanders. It provides excellent access to transit and is within walking distance of numerous restaurants and retail amenities. The space is move-in ready, and furniture is available for tenant use. Competitive lease rates are offered.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6752073
    Latitude
    45.5260891

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    FAQs

    What type of property is this?
    Office space - Move-in ready office space with flexible lease terms.
    Where is this office space located?
    The property is located at 408 NW 5Th Ave Portland, OR.
    What are key features of this property?
    This property features: - Prominent and highly visible location in NW Portland.; - Flexible lease options available, catering to short and long-term needs.; - Move-in ready condition.
    (503) 896-6286
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    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
    408 NW 5Th Ave Portland, OR 97209
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