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Industrial Development Opportunity Near Airport
For Sale
$489,600

10820 NE Simpson St, Portland, OR 97220

20,400 SF industrial land near I-205 and I-84.

Property SizeContact for details
Days on Market283

Property Features for 10820 NE Simpson St

General Information

Standard status Active
Property subtype Land

Building Details

Year Built 1977
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR #200403266
Source: Capacitycommercial
Added: Nov 25, 2025 Changed: Sep 3 Last Checked: Aug 6 at 4:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group

Investment Insights

Based on property information with market context.

This industrial development opportunity offers approximately 20,400 square feet of space, divided into two lots: Lot A with approximately 14,800 square feet and Lot B with approximately 5,600 square feet. The site is flat, compacted, and graveled, making it suitable for various outdoor storage needs. The property is zoned IG2 (General Industrial 2). It is located in the Airport Way submarket, near the Oregon/Washington border and in close proximity to Portland International Airport. The fenced and secured lots are located near the I-205 and I-84 freeways. Two tax lots comprise the property (R235928, R235932). Seller financing is available for qualified buyers; inquire with broker for terms.

Key Highlights

  • ±20,400 SF Industrial Development Opportunity
  • Fenced & Secured Lots
  • Close proximity to I‑205 and I‑84 Freeways

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Pharmacy Barber Shop (Bike/Boat/Book/etc) Store Catering Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby

Demographics for 97220, OR

29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
Median Home Value

Market

Vacancy Rate% for Industrial in Portland, OR

3.4% 2019
4.1% 2020
2.5% 2021
2.1% 2022
4.2% 2023
5.5% 2024
6.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 20,400 SF industrial land near I-205 and I-84.
Where is this industrial land located?
The property is located at 10820 NE Simpson St Portland, OR.
What is the asking price?
The asking price for this property is $489,600.
What are key features of this property?
This property features: ±20,400 SF Industrial Development Opportunity; Fenced & Secured Lots; Close proximity to I‑205 and I‑84 Freeways
More about this property
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