2912 NE 172Nd Pl Portland, OR 97230
Property profile & analytics
2912 NE 172Nd Pl Portland, OR 97230
- Warehouses
- 130,575 SF
- 12.03 lot acres
Property ID
US71-1529002
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
- Factory Motor Parts / Auto Parts Store
Property Details for 2912 NE 172Nd Pl
- Year built
- 2020
- Lot size
- 12.03 lot acres
- Property size
- 130,575 SF
- Zone code
- GI
- Property type
- Warehouses
- APN
- 1N3E30B 00116
- APU
- 1N3E30B00116
Description
This Portland, Oregon industrial property offers 54,376 square feet of move-in ready space, featuring ±1,070 square feet of office space. The building boasts 30' clear height, 10 dock-high doors, and 1 grade-level door. Modern amenities include ESFR sprinklers, a metal roof deck, and edge-of-dock loading equipment. Ample parking is provided with 35 spaces. Located in Multnomah County at 2912 NE 172nd Pl, Portland, OR 97230, this property benefits from a convenient location near I-84 (exit 13) and easy access via NE Sandy Boulevard. The building is situated within the Portland Portal Industrial Center. The current lease rate is a highly competitive $.65/SF/month blended (NNN), with a lease term extending to mid-2032. The property is zoned GI by the City of Gresham and enjoys the advantages of the Gresham Enterprise Zone, including reduced property taxes, lower corporate business taxes, and expedited permitting. The concrete tilt-up construction features a 6" reinforced floor. This exceptional opportunity presents a significant value proposition for businesses seeking efficient and well-appointed industrial space in a prime Portland location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $31,168,000
- AI Estimate
- $31,168,000
Market price range: $17.7M - $40.3MMarket price range: $17.7M - $40.3M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $26,645,000 Current use
- RESTAURANT
- $44,715,000 Change: +68% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $39,870,000 Change: +50% Conversion: Easy
- MEDICAL BUILDING
- $39,440,000 Change: +48% Conversion: Difficult
- RETAIL STORES
- $39,200,000 Change: +47% Conversion: Moderate
- OFFICE BUILDING
- $37,735,000 Change: +42% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $37,605,000 Change: +41% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.486
- Latitude
- 45.5437
- 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
$157,795
$0.00
$0.00
$9,052,990
-
$2,885,630
$19,546,010
$22,431,640
