Property profile

2120 27th Ave Portland, OR 97210

OFF-MARKET
Warehouses
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Property ID
US71-0855109
27,348 SF 1.92 ac Built 1921
Last sale May 2024·$33,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 35,000-square-foot manufacturing warehouse presents a unique opportunity in Portland's vibrant Slabtown/Northwest area. Located at the base of Montgomery Park, this single-tenant property boasts a desirable location with easy freeway access (less than half a mile to HWY 30 and I-405). Built in 1921, the building features two dock-high doors and ample space for various production and warehouse uses. The property includes approximately 27,348 square feet of shell space…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$44k
Tax billed · 2023
Assessed value$1.67M
Effective rate2.65%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$204/SF
Submarket average, outlier-cleaned · 200 recorded sales of this use type
Observed band · Q1–Q3$136 – $309
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
EXD
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.2
HVAC Service17.6
Auto Parts Store15.6

Location

2120 27th Ave Portland, OR 97210-2100
County assessor Recorded deeds · not on file 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2737 Nela, Portland, OR 97210-1713 $2,535,000 Feb 2025 16,924 SF
2315 21st, Portland, OR 97210-2116 $2,115,000 May 2023 35,450 SF
2407 28th, Portland, OR 97210-2001 $4,100,000 Sep 2022 16,450 SF
2730 31st, Portland, OR 97210-1718 $3,600,000 Jun 2022 31,406 SF
2451 28th, Portland, OR 97210-2001 $5,100,000 Nov 2021 21,600 SF
2755 31st, Portland, OR 97210-1717 $5,152,000 Jan 2020 30,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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