3651 21St Ave Portland, OR 97202
This exceptional 2,075-square-foot warehouse, located at 3651 Southeast 21st Avenue in Portland, Oregon, presents a fantastic opportunity for businesses seeking efficient and versatile industrial space. The property boasts a single-tenant occupancy, offering complete control and flexibility. The warehouse features a generous 18-foot ceiling height, maximizing storage capacity and allowing for efficient material handling. The building is a two-story structure, providing additional space for office or storage needs. Ample off-street parking is available for employees and clients. Situated in Multnomah County, with a 97202 zip code, this location offers convenient access to major transportation routes, making it ideal for distribution and logistics operations. The entire 2,075 square feet is currently vacant, providing immediate occupancy for the new tenant. This clear-span warehouse space is ready for immediate use and customization to meet specific business requirements. The property's industrial zoning allows for a wide range of uses, making it a highly adaptable and valuable asset. Don't miss this chance to secure this well-located and functional warehouse in the thriving Portland market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.