Portland · Commercial sale

G&i XI PDX 5 buys 4931 NW Front Ave in Portland for $17.83 million

A warehouse at 4931 NW Front Ave, Portland sold for $17,831,016 on September 21, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 4931 NW Front Ave, Portland with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Multnomah County Assessor. The photo can predate the sale.
Sale price
$17,831,016
Sold
September 21, 2026
Property type
Warehouse
Building area
101,150 sq ft
Price per sq ft
$176
Year built
1997

The warehouse at 4931 NW Front Ave in Portland sold for $17,831,016 on September 21, 2026, according to the Multnomah County Assessor's sales records. That is 25% above its recorded market value of $14,295,780.

The Assessor's records list G&i XI PDX 5 LLC as the buyer. They show the building has 101,150 square feet of area.

The records list a build year of 1997 and a 4.68-acre lot. The sale price works out to $176 per square foot.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Multnomah County?

By our estimate, the seller's two largest charges, not counting prorations, were $33,295.83 for the owner's title insurance policy and $650 for the escrow fee. Who pays what follows Multnomah County custom.

How much did the seller net?

By our estimate, the seller netted about $17,760,518. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $17,795,269 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

4931 NW Front Ave, Portland, OR.

Source: Multnomah County Assessor, via PortlandMaps taxlots, document R315833-20260921. Property details: Multnomah County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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