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    1625 Market Dr Fairview, OR 97024

    Sponsored
    For Lease
    $22 SF/Yr ($12,692 /Mo)

    Modern Fairview office, multiple suites available.

    Lot size:
    6,923 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,923-square-foot Class A office building, constructed in 2023, is located at 1625 NE Market Drive in Fairview, Oregon, 97024. The property features a flexible layout, currently a vacant shell, divisible into multiple suites ranging from approximately 1,519 square feet to potentially three spaces of approximately 1,559, 1,793, and 2,055 square feet. An additional, unconnected 1,518 square-foot space is also available. The building is zoned for mixed use and boasts 72 parking spaces. Utilities are provided by city services. The property's prime location in the Downtown Fairview submarket offers convenient access to public transportation, being approximately 650 feet from bus route #77. Its proximity to the local library and parks makes it particularly well-suited for early childhood education facilities

    Property Features for 1625 Market Dr

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,923 SF
    Class
    A
    Total Rate
    12692.17

    Building Details

    Year Built
    2023
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    6,923 SF
    Rate per SF
    $22

    HighLights

    • 6,923 SF Class A office building, new construction (2023), located at 1625 NE Market Drive, Fairview, OR 97024.
    • Flexible layout, currently a vacant shell, divisible into multiple suites (approx. 1,519 SF - 2,055 SF); additional 1,518 SF space available separately.
    • 72 parking spaces; city utilities; mixed‑use zoning.
    • Prime Downtown Fairview location; ~650 feet from bus route #77; near library and parks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.4403734
    Latitude
    45.5325841

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    Nearby Similar for Lease

    • $22 SF/Yr
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      Downtown Fairview Retail Space Available

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      1650 Northeast Market Dr, Fairview, OR 97024
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      Laydown yard with Columbia River access and I-84 proximity.
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      Retail Space in Fairview, Oregon

      Retail space available within a mixed-use apartment community.
      1650 NE Village St, Fairview, OR 97024
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      Retail Space in Fairview, Oregon

      Retail space available for lease in Fairview, Oregon.
      20101 NE Sandy Blvd, Fairview, OR 97024
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    FAQs

    What type of property is this?
    Coworking space - Modern Fairview office, multiple suites available.
    Where is this coworking space located?
    The property is located at 1625 Market Dr Fairview, OR.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 6,923 SF Class A office building, new construction (2023), located at 1625 NE Market Drive, Fairview, OR 97024.; Flexible layout, currently a vacant shell, divisible into multiple suites (approx. 1,519 SF - 2,055 SF); additional 1,518 SF space available separately.; 72 parking spaces; city utilities; mixed-use zoning.
    Request Owner's contact information
    1625 Market Dr Fairview, OR 97024
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    Fairview, OR 97024
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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
    1625 Market Dr Fairview, OR 97024
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