4008 NE M L King Blvd Portland, OR 97212
Spacious office building featuring an open-concept workspace complemented by a conference room and kitchen area, along with two bathrooms and convenient adjacent off-street parking. Located in a prime NE Portland corridor within the Interstate Opportunity Zone, the property offers flexible layouts suitable for both open and private offices, ample amenities for daily operations and collaboration, and a tranquil landscaped outdoor space. The site is zoned Commercial Mixed Use 3 (CM3), allowing for retail, office, residential, and mixed-use development while encouraging active streetscapes and a pedestrian-friendly environment. With excellent transit access to major routes and surrounded by an established local business community, this property presents a compelling opportunity for a wide range of commercial or mixed-use users.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.