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Property profile & analytics
OFF-MARKET
Warehouses

424 Tillamook St Portland, OR 97227

13,900 SF Built 1951
Property ID
Property summary
AI-generated overview

This exceptional 13,900-square-foot warehouse, located in Portland, Oregon's desirable NE Close-In submarket, presents a fantastic leasing opportunity. Situated on a 0.46-acre lot at 424 N Tillamook St, 97227, this Class C industrial property offers a blend of functionality and accessibility. Built in 1951, the building features a versatile layout suitable for multiple tenants, with 4,500 square feet currently available for lease. The space boasts ceiling heights ranging from 8 to 12 feet, providing ample vertical clearance for various storage and operational needs. One loading dock and two total parking spaces are available on-site. The property's convenient location within the NE Close-In submarket offers easy access to major transportation routes, enhancing logistics and distribution efficiency. The property's APN is R102741. This is an ideal space for businesses seeking a well-located, functional warehouse in a thriving Portland neighborhood. The property is currently multi-tenant. Don't miss this chance to secure your business's future in this prime location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Warehouses
Year built 1951
Total area 13,900 SF
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
Current use
Occupant on record · Public records
  • Pigeon Toe Production Facility
  • North of West Clothing Store Clothes And Fabric Manufacturer
  • Friends & Family (Bike/Boat/Book/etc) Store
  • Studio ERG (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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