Property profile

2817 Nela St Portland, OR 97210

OFF-MARKET
Warehouses
Saved see the list in your Dashboard
Property ID
US71-0562267
16,903 SF 0.7 ac Built 1977
Last sale Dec 2025·$3,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional Portland industrial warehouse, located at 2817 NW Nela St, offers a rare opportunity for businesses seeking flexible space in Multnomah County. The property boasts a total of 18,727 square feet, currently entirely vacant and available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 1,824 square feet to a maximum contiguous space of 16,903 square feet, catering to a variety of business needs. Built in 1977, the warehouse features impressive…

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?
$28k
Tax billed · 2023
Assessed value$1.06M
Effective rate2.65%

Value estimate

· Nov 2026
$730k
$657k – $803k
Submarket $/SF estimate$3.66M

Realmo valuation models over county records and 5 qualifying comparable sales.

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 comparables5

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?
IH
This zone is one of the three zones that implement the Industrial Sanctuary map designation of the Comprehensive Plan. The zone provides ...
General categoryINDUSTRIAL
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 Office20.2
Pharmacy13.9
HVAC Service13.3

Location

2817 Nela St Portland, OR 97210-1715
County assessor Recorded deeds · 5 transfers 5 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
3821 Saint Helens, Portland, OR 97210-1434 $475,000 Jul 2025 15,320 SF
2737 Nela, Portland, OR 97210-1713 $2,535,000 Feb 2025 16,924 SF
2355 21st, Portland, OR 97210-2116 $200,000 May 2023 15,000 SF
2700 Saint Helens, Portland, OR 97210-2244 $2,350,000 Sep 2022 14,898 SF
2407 28th, Portland, OR 97210-2001 $4,100,000 Sep 2022 16,450 SF
2451 28th, Portland, OR 97210-2001 $5,100,000 Nov 2021 21,600 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 2817 Nela St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?