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    81 Columbia Blvd Portland, OR 97211

    Sponsored
    For Lease
    Contact for pricing

    Prime Industrial Space, Excellent Location

    Lot size:
    15,778 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    327
    This exceptional 15,778-square-foot industrial warehouse, built in 1929, presents a unique investment opportunity in Multnomah County. Located on Northeast Columbia Boulevard, the property boasts unparalleled visibility and convenient access to major transportation arteries. The single-tenant building offers a spacious, climate-controlled warehouse environment with a 14-foot ceiling height, perfect for a variety of industrial uses. The property includes two dock-high doors and two drive-in doors, ensuring efficient loading and unloading operations. Adding to its appeal is a substantial 15,000-square-foot fenced and paved yard, providing ample space for storage and maneuvering. The warehouse is equipped with heavy 3-phase power, catering to the needs of energy-intensive businesses. Its strategic location offers quick access to both northbound and southbound I-5, facilitating seamless regional distribution. The entire 15,778 square feet is currently vacant, providing immediate occupancy for a new tenant. This property represents a rare blend of location, functionality, and space, making it an ideal choice for businesses seeking a high-visibility, well-equipped industrial facility.

    Property Features for 81 Columbia Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,778 SF

    Building Details

    Year Built
    1929

    Unit(s) available at that property

    Space
    Available Space
    Size
    15,778 SF

    HighLights

    • 15,778 SF industrial warehouse in Multnomah County.
    • Single‑tenant occupancy, fully vacant.
    • Built in 1929, featuring 14' ceilings.
    • Two dock‑high doors and two drive‑in doors.
    • High visibility on Columbia Boulevard with a 15,000 SF fenced and paved yard.
    • HVAC, 3‑phase power, and easy I‑5 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6652733
    Latitude
    45.5825911

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    FAQs

    What type of property is this?
    Distribution property - Prime Industrial Space, Excellent Location
    Where is this distribution property located?
    The property is located at 81 Columbia Blvd Portland, OR.
    What are key features of this property?
    This property features: 15,778 SF industrial warehouse in Multnomah County.; Single-tenant occupancy, fully vacant.; Built in 1929, featuring 14' ceilings.
    Request Owner's contact information
    81 Columbia Blvd Portland, OR 97211
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    Portland, OR 97211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    81 Columbia Blvd Portland, OR 97211
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