Property profile

8215-8225 7Th Ave Portland, OR 97202

OFF-MARKET
Warehouses
12,600 SF Built 1921
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses
Year built 1921
Total area 12,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8215-8225 7Th Ave Portland, OR 97202
Portland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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