Property profile & analytics
2715 8th Ave Portland, OR 97202-2655
- Warehouses
- 53,516 SF
- 2.50 lot acres
OFF-MARKET
Value Estimations
$15,360,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US71-0709435
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.
Current Use by Public Records
- Crux Fermentation Project / Production Facility / Brewery & Distillery
- Lot #5 / Parking Lot & Garage
- Rocsys Inc / Industrial Manufacturer / Production Facility
- Reef Kitchens / Restaurant
- Krispy Rice / Restaurant / Take-out & Catering
Property Details for 2715 8th Ave
- Year built
- 1937
- Lot size
- 2.50 lot acres
- Property size
- 53,516 SF
- Zone code
- IG1
- Property type
- Warehouses
- APN
- 1S1E11BB 03801
- APU
- 1S1E11BB03801
Description
The Dairy Building, located at 2715 SE 8th Ave in Portland, Oregon, presents a unique opportunity for businesses seeking executive office space. This 46,834 square foot building, constructed in 2017, boasts a modern design within a historically significant industrial structure. Currently, there are three available suites ranging from a minimum of 450 square feet to a maximum contiguous space of 3,340 square feet, totaling 6,817 square feet of vacant space. The building sits on a 2.5-acre lot and is zoned IG1. Each suite features impressive 22-foot ceilings, offering a spacious and inspiring work environment. The building is ideally suited for businesses seeking a blend of modern amenities and historic character. The property is located in Multnomah County, Oregon, with easy access to Portland's vibrant city center. This is an exceptional opportunity to secure prime office space in a highly desirable location. The building's multiple tenancy structure offers flexibility for businesses of various sizes. The property's modern design and ample space make it an ideal location for businesses seeking a unique and productive work environment. Contact us today to learn more about leasing opportunities.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $15,358,000
- AI Estimate
- $15,358,000
Market price range: $4.76M - $15.4MMarket price range: $4.76M - $15.4M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $11,480,000 Current use
- RESTAURANT
- $18,325,000 Change: +60% Conversion: Difficult
- RETAIL STORES
- $17,865,000 Change: +56% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $16,340,000 Change: +42% Conversion: Easy
- MEDICAL BUILDING
- $16,165,000 Change: +41% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $15,565,000 Change: +36% Conversion: Difficult
- OFFICE BUILDING
- $15,465,000 Change: +35% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.658
- Latitude
- 45.5037
- 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
$126,750
$0.00
$0.00
$4,783,250
-
$8,717,600
$3,534,820
$12,252,420
