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    5230 Basin Ave Portland, OR 97217

    Sponsored
    For Lease
    Contact for pricing

    158,820 SF Multi-Tenant Warehouse

    Lot size:
    158,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Portland industrial property, located at 5230 N Basin Ave, offers a rare opportunity. The 158,820-square-foot building features multiple tenancies within a single suite, providing flexibility for various business needs. Currently, 53,628 square feet are available for lease. The building boasts impressive features including 8 dock-high doors and 2 loading docks, ensuring efficient loading and unloading operations. Ample parking is provided with 100 spaces available on-site. The high ceilings, ranging from 18 to 22 feet, offer significant vertical storage capacity. The property is zoned IG-1 and is situated in Multnomah County, Oregon, with a convenient Portland location and 97217 zip code. A key highlight is a beautiful, newly constructed showroom with a grade-level door, ideal for showcasing products or services. The substantial 600-amp power supply caters to energy-intensive operations. This property is perfect for businesses seeking a well-equipped, strategically located industrial space in a thriving Portland market. The available space presents a unique chance to establish or expand operations in a highly desirable area. Contact us today to learn more about this exceptional opportunity.

    Property Features for 5230 Basin Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    158,820 SF

    Unit(s) available at that property

    Space
    Suite 200
    Size
    53,628 SF

    HighLights

    • 158,820 SF industrial building with 53,628 SF available for lease in Portland, OR (97217).
    • Features 8 dock‑high doors, 2 loading docks, and 100 parking spaces.
    • High ceilings (18‑22 feet) and a 3,470 SF office/showroom with grade‑level door.
    • Equipped with a newly upgraded ESFR sprinkler system, new LED warehouse lighting, and a 600‑amp power supply.
    • IG‑1 zoning in Multnomah County.
    Property Profile Location Intelligence

    Current Use by Public Records

    WSL Services Inc. Warehouse

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.7015781
    Latitude
    45.5613428

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    FAQs

    What type of property is this?
    Distribution property - 158,820 SF Multi-Tenant Warehouse
    Where is this distribution property located?
    The property is located at 5230 Basin Ave Portland, OR.
    What are key features of this property?
    This property features: 158,820 SF industrial building with 53,628 SF available for lease in Portland, OR (97217).; Features 8 dock-high doors, 2 loading docks, and 100 parking spaces.; High ceilings (18-22 feet) and a 3,470 SF office/showroom with grade-level door.
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    5230 Basin Ave Portland, OR 97217
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    Portland, OR 97217
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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
    5230 Basin Ave Portland, OR 97217
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