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    8215-8225 7Th Ave Portland, OR 97202

    For Lease
    $8 SF/Yr ($8,820 /Mo)

    12,600 SF Flex/Warehouse, 13,800 SF Lot

    Lot size:
    12,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 12,600 square foot industrial property, located at 8215-8225 SE 7th Ave in Portland, Oregon, presents a unique investment or development opportunity. The single-tenant building, constructed in 1921, boasts a flexible layout ideal for a variety of uses. With a total of 12,600 square feet currently vacant, the entire space is available for immediate occupancy. The property sits on a 13,800 square foot lot and features a four-story structure with ceiling heights ranging from 11 to 16 feet. Two convenient drive-in bays provide easy access for loading and unloading. The CM2 Commercial Mixed Use 2 zoning allows for a wide range of potential development options, making this an attractive proposition for both investors and end-users. The property's location in the Sellwood neighborhood of Portland, surrounded by recent multifamily development, further enhances its appeal and potential for future growth. This is a rare chance to acquire a substantial property in a thriving area with significant redevelopment potential. The property's size, zoning, and location combine to create a compelling investment opportunity in a desirable Portland neighborhood. The existing structure offers a solid foundation for adaptive reuse or complete redevelopment, catering to a diverse range of business needs.

    Property Features for 8215-8225 7Th Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,600 SF
    Total Rate
    8820

    Building Details

    Year Built
    1921
    Stories
    4

    Unit(s) available at that property

    Space
    Available Space
    Size
    12,600 SF
    Rate per SF
    $8

    HighLights

    • 12,600 SF industrial building on a 13,800 SF lot in Portland, OR's Sellwood neighborhood.
    • CM2 Commercial Mixed Use zoning allows for diverse development options.
    • Two drive‑in loading bays provide convenient access.
    • Features open space, a modest office, and clerestory windows providing natural light.
    • Building height is generally 45 feet (4 stories), increasing to 55 feet (5 stories) in some areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6592934
    Latitude
    45.4632357

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    FAQs

    What type of property is this?
    Distribution property - 12,600 SF Flex/Warehouse, 13,800 SF Lot
    Where is this distribution property located?
    The property is located at 8215-8225 7Th Ave Portland, OR.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 12,600 SF industrial building on a 13,800 SF lot in Portland, OR's Sellwood neighborhood.; CM2 Commercial Mixed Use zoning allows for diverse development options.; Two drive-in loading bays provide convenient access.
    Request Owner's contact information
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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
    8215-8225 7Th Ave Portland, OR 97202
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