Automotive Service Bay
For Sale
Contact for pricing
11646 SW Pacific Hwy, Portland, OR 97223
Automotive facility with five 12' overhead service bay doors and 14'-6" clear height, positioned for visibility to Hwy 99W.
Property Size3,383 SF
Price / SF$250
Days on Market95
Property Features for 11646 SW Pacific Hwy
General Information
Standard status
Active
Size
3,383 SF
Property subtype
INDUSTRIAL
Listing Agency:
Macadam Forbes
(503) 227-2500
Listed By:
Rhys Konrad · License ##201205396
(503) 972-7293
Source:
Moodyscre
Added: Jul 16
Changed: Oct 4
Last Checked: Oct 16 at 9:23AM
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 Macadam Forbes
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive service bay garage offers an owner-user setup with five 12' overhead service bay doors and 14'-6" clear height. The building includes two restrooms to support on-site operations.
The property is located with exposure to Hwy 99W and offers strong signage opportunities. Current tenant lease expires 12/31/2026, creating a defined timeline for the next use of the space.
With its service-door configuration and clear height, the facility is designed to accommodate active automotive service operations while maintaining practical restroom amenities for staff and visitors.
The property is located with exposure to Hwy 99W and offers strong signage opportunities. Current tenant lease expires 12/31/2026, creating a defined timeline for the next use of the space.
With its service-door configuration and clear height, the facility is designed to accommodate active automotive service operations while maintaining practical restroom amenities for staff and visitors.
Key Highlights
- Automotive facility with five 12' overhead service bay doors
- 14'-6" clear height
- Great signage and exposure to Hwy 99W
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,429
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,580
$788.6K
Cap Rate 7%
$563,271
$563.3K
Cap Rate 9%
$438,100
$438.1K
Market Conditions
NOI Build-Up for 3,383 SF
Gross rent
$60.9K $18.00/SF
− Vacancy
−$4.6K −$1.35/SF
EGI
$56.3K $16.65/SF
− OpEx
−$16.9K −$5.00/SF
NOI
$39.4K $11.66/SF
Area
ZIP 97223
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%
$788,580
Cap Rate 7%
$563,271
Cap Rate 9%
$438,100
Alternative Uses
Best Use
Retail
$563.3K
$492.9K – $657.2K
NOI $39,429 @ 7.0% cap · market cap 4.66%
Second Best
Industrial
$303.3K
$265.4K – $353.9K
NOI $21,233 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$950.0K
$831.3K – $1.11M
NOI $66,502 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,405
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 79%
Shops & Services 21%
Hampton Inn
Hotels & Casinos
3,964 visits/mo
0.5 miles
Extra Space Storage
Shops & Services
1,057 visits/mo
0.4 miles
Demographics for 97223, OR
49,967
Population
21,428
Households
2.3
Avg Household Size
39
Median Age
50%
College-Educated
95%
High-School Grad
11.1 sq mi
ZIP Area
4,502
Density / Sq Mi
$108,040
Median Household Income
$57,411
Median Earnings
$1,726
Median Rent
$577,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Portland, OR
Similar Off Market Nearby
- Fast Auto Glass Pro — 9045 SW Burnham St, Portland, OR 97223
- Manning's Automotive Service Center — 9055 SW Burnham St, Tigard, OR 97223
- Q40 Motorsports — 9085 SW Burnham St, Tigard, OR 97223
- Henderson Auto — 9075 SW Burnham St, Tigard, OR 97223
- Accurate Auto of Tigard — 8848 SW Commercial St, Tigard, OR 97223
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive facility with five 12' overhead service bay doors and 14'-6" clear height, positioned for visibility to Hwy 99W.
Where is this auto shop located?
The property is located at 11646 SW Pacific Hwy Portland, OR.
What is the asking price?
The asking price for this property is $845,750.
What are key features of this property?
This property features: Automotive facility with five 12' overhead service bay doors; 14'-6" clear height; Great signage and exposure to Hwy 99W
