Fenced Auto Body
For Sale
$800,000
8705 SE FOSTER Rd, Portland, OR 97266
CommercialSale, Portland, OR
Property Size2,768 SF
Lot Size0.19 Acres
Price / SF$289.02
Days on Market93
Property Features for 8705 SE FOSTER Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CM2
Directions
SE 87th X Foster Rd
Subdivision
_143
Standard status
Active
APN
R231152
Size
2,768 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
ORPHA PK, BLOCK 2, LOT 1 EXC PT IN STS, LOT 2
Tax Annual Amount
3574
Legal Description
ORPHA PK, BLOCK 2, LOT 1 EXC PT IN STS, LOT 2
Building Details
Year built
1948
Building materials
Frame, MetalFrame
Listing Agency:
Kelly Right Real Estate of Portland, LLC
(503) 719-6056
Listed By:
Youssef Fransis
(503) 793-5478
Added: Jul 9
Changed: Sep 3
Last Checked: Oct 9 at 10:06AM
MLS# 557578406
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This auto body operation occupies a 2,768-square-foot building on a fenced 0.19-acre parcel. The offering combines the real estate, business, and shop equipment, including a new paint booth along with painting, welding, and framing tools. Frame and metal-frame construction dates to 1948, and the property carries CM2 zoning.
The facility is positioned at the corner of SE Foster Road and SE 87th Avenue, near the I-205 freeway. The enclosed lot can accommodate over 8 average-size vehicles, with additional street and driveway parking identified. The property presents an automotive operating site with its business components, equipment, and real estate included together.
The facility is positioned at the corner of SE Foster Road and SE 87th Avenue, near the I-205 freeway. The enclosed lot can accommodate over 8 average-size vehicles, with additional street and driveway parking identified. The property presents an automotive operating site with its business components, equipment, and real estate included together.
Key Highlights
- 2,768‑square‑foot auto body shop
- Fenced 0.19‑acre lot
- CM2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,261
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,220
$645.2K
Cap Rate 7%
$460,871
$460.9K
Cap Rate 9%
$358,456
$358.5K
Market Conditions
NOI Build-Up for 2,768 SF
Gross rent
$49.8K $18.00/SF
− Vacancy
−$3.7K −$1.35/SF
EGI
$46.1K $16.65/SF
− OpEx
−$13.8K −$5.00/SF
NOI
$32.3K $11.66/SF
Area
Portland, OR
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,220
Cap Rate 7%
$460,871
Cap Rate 9%
$358,456
Alternative Uses
Best Use
Retail
$460.9K
$403.3K – $537.7K
NOI $32,261 @ 7.0% cap · market cap 4.03%
Second Best
Industrial
$248.2K
$217.2K – $289.6K
NOI $17,373 @ 7.0% cap · market cap 2.17%
Theoretical Best
Office A
$777.3K
$680.2K – $906.9K
NOI $54,413 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97266, OR
36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Portland, OR
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- Truck Fiix Inc - Semi Truck Maintenance, Fix & Repair — 6400 SE 101st Ave #1a, Portland, OR 97266
Frequently Asked Questions
What type of property is this?
Auto shop - CM2-zoned property includes the business, real estate, and shop equipment.
Where is this auto shop located?
The property is located at 8705 SE FOSTER Rd Portland, OR.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,768‑square‑foot auto body shop; Fenced 0.19‑acre lot; CM2 zoning
