5230 Basin AvePortland, OR 97217

  • Warehouses
  • 191,682 SF

Property Details for 5230 Basin Ave

Year built
1955
Lot size
6.63 AC
Property size (Sq ft)
191,682 SF
Zone code
GI2
Property type
Warehouses
APN
1N1E21BB 00900
APU
1N1E21BB00900

Description

This exceptional Portland industrial property, located at 5230 N Basin Ave, offers a rare opportunity. The 158,820-square-foot building features multiple tenancies within a single suite, providing flexibility for various business needs. Currently, 53,628 square feet are available for lease. The building boasts impressive features including 8 dock-high doors and 2 loading docks, ensuring efficient loading and unloading operations. Ample parking is provided with 100 spaces available on-site. The high ceilings, ranging from 18 to 22 feet, offer significant vertical storage capacity. The property is zoned IG-1 and is situated in Multnomah County, Oregon, with a convenient Portland location and 97217 zip code. A key highlight is a beautiful, newly constructed showroom with a grade-level door, ideal for showcasing products or services. The substantial 600-amp power supply caters to energy-intensive operations. This property is perfect for businesses seeking a well-equipped, strategically located industrial space in a thriving Portland market. The available space presents a unique chance to establish or expand operations in a highly desirable area. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $60,261,000
    Hospitality
    $55,198,752
    Educational
    $45,924,712
    Medical
    $47,504,136
    Retail
    $71,438,440

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5615
Longitude
-122.701
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
$203,606
-
-
$7,683,640
-
$4,332,050
$15,745,430
$20,077,480

FAQs

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