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Property profile & analytics
FOR SALE
Office buildings

4008 NE M L King Blvd Portland, OR 97212

1,820 SF Built 1910
Property ID
US71-0705846
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Year built 1910
Total area 1,820 SF
UPID US71-0705846
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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