2187 Northwest Reed St Portland, OR 97210
Property profile & analytics
2187 Northwest Reed St Portland, OR 97210
- Warehouses
- 18,751 SF
- 0.92 lot acres
Property ID
US71-0059870
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Gango Custom Printing / (Bike/Boat/Book/etc) Store / Printing Service
- Alan Mascord Design Associates / Architect / Blueprint Service
Property Details for 2187 Northwest Reed St
- Year built
- 1949
- Lot size
- 0.92 lot acres
- Property size
- 18,751 SF
- Zone code
- IG1
- Property type
- Warehouses
- APN
- 1N1E28CA 03300
- APU
- 1N1E28CA03300
Description
This exceptional 18,751-square-foot warehouse, located at 2187 NW Reed St in Portland, Oregon's Guilds Lake industrial market, presents a compelling owner-user opportunity. Built in 1949 and extensively renovated in 2016, the property boasts modern amenities and significant upgrades. The building sits on a substantial 39,974-square-foot lot and features a 14-foot ceiling height, ideal for various industrial and flex-space uses. With IG1 zoning, the property offers flexibility for a wide range of businesses. Conveniently located in Multnomah County, zip code 97210, the warehouse provides ample parking with 26 spaces and three loading docks, ensuring efficient operations. The asking price for this turnkey industrial property is $4,500,000. This represents a rare chance to acquire a well-maintained, strategically located warehouse in a thriving Portland neighborhood. The property's combination of size, location, and modern features makes it an attractive investment for businesses seeking to own their operational space. The substantial lot size also offers potential for future expansion or development. Don't miss this opportunity to secure a prime industrial asset in a highly sought-after area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,256,000
- AI Estimate
- $5,256,000
Market price range: $2.54M - $5.79MMarket price range: $2.54M - $5.79M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,825,000 Current use
- RESTAURANT
- $6,420,000 Change: +68% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $6,235,000 Change: +63% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $5,810,000 Change: +52% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $5,725,000 Change: +50% Conversion: Easy
- MEDICAL BUILDING
- $5,665,000 Change: +48% Conversion: Difficult
- RETAIL STORES
- $5,630,000 Change: +47% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.696
- Latitude
- 45.5404
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,421
$0.00
$0.00
$1,526,830
-
$1,706,980
$3,253,950
$4,960,930
