2323 N Williams Ave Portland, OR 97227
Property Lookup
Property profile & analytics
2323 N Williams Ave Portland, OR 97227
- Auto shops
- 3,600 SF
- 0.17 lot acres
Property ID
US71-0063122
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
- Cascade Commercial Real Estate / Real Estate Agency
- Jason Whittington / Physician
- Annalisa Sticklin Fish / Physician
- Breadwinner Cycles / (Bike/Boat/Book/etc) Store
- Sugar Wheel Works / (Bike/Boat/Book/etc) Store
Property Details for 2323 N Williams Ave
- Year built
- 1968
- Lot size
- 0.17 lot acres
- Property size
- 3,600 SF
- Zone code
- RHD
- Property type
- Auto shops
- APN
- 1N1E27DB 00500
- APU
- 1N1E27DB00500
Description
This exceptional 3,400-square-foot Class A warehouse, built in 1968, is situated on a 7,400-square-foot lot at 2323 N Williams Ave, Portland, OR 97227. Boasting a desirable CM3 zoning, this property offers significant redevelopment potential, particularly for multi-family, office, or commercial uses. The building itself features 2,400 square feet of warehouse space and 1,000 square feet of climate-controlled office space divided into three private offices and a reception area. Two large grade-level loading docks provide convenient access, complemented by parking for up to ten vehicles. The 14-foot ceiling height maximizes storage and operational efficiency. This prime location at the south end of the vibrant N Williams Avenue corridor places the property within easy reach of Interstate 5, the Moda Center, New Seasons Market, Emanuel Hospital, and a thriving mix of restaurants and bars. The building is currently in excellent condition and is ideal for a variety of uses, including manufacturing, distribution, or conversion to higher-use applications such as healthcare facilities or retail spaces. The owner is offering attractive seller financing options, providing a streamlined and cost-effective acquisition process. Alternatively, a lease with an option to purchase may be considered. The asking price is $1,300,000 ($382.35/sq ft), with an occupancy date of May 1, 2024.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $780,000
- AI Estimate
- $780,000
Market price range: $618k - $1.78MMarket price range: $618k - $1.78M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $1,100,000 Current use
- MEDICAL BUILDING
- $1,085,000 Change: -1% Conversion: Difficult
- RETAIL STORES
- $1,080,000 Change: -2% Conversion: Difficult
- OFFICE BUILDING
- $1,040,000 Change: -5% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,035,000 Change: -6% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.667
- Latitude
- 45.5398
- 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
$5,310
$0.00
$0.00
$200,400
-
$544,980
$565,910
$1,110,890
