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Property profile & analytics
OFF-MARKET
Warehouses

840 Cleveland Ave Gresham, OR 97030

Property ID
Property summary
AI-generated overview

This exceptional industrial property in Gresham, Oregon, offers a flexible workspace ideal for various businesses. Located at 840 NE Cleveland Ave, 97030, this single-story building comprises three suites, with one vacant unit totaling 1,760 square feet immediately available. The maximum contiguous space available is 4,800 square feet. The property features a 16-foot ceiling height, perfect for accommodating taller equipment or racking systems. A significant advantage is the inclusion of one drive-in door, facilitating efficient loading and unloading. The building underwent renovations in 2023, ensuring modern and functional facilities. The property type is classified as Industrial, encompassing Warehouse, Flex, Manufacturing, Distribution, and R&D subtypes. Multiple tenancy is possible. A key feature is the 6,430 square foot secured and fenced yard at the rear, providing ample outdoor space for storage or operations. Tenants have access to a proportionate share of this yard. One available unit (Middle Unit #860) offers a 1,760 square foot layout, including an 800 square foot shop area with a bay door and a 960 square foot office space with a restroom. This property presents a rare opportunity to secure a well-maintained, versatile industrial space in a desirable Gresham location.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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