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    18055 NE San Rafael St Portland, OR 97230

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    For Sale
    $8,188,000

    Renovated industrial building with office space and easy I-84 access.

    Property size:
    45,968 SF
    Lot size:
    3.56 Acres

    Property Features for 18055 NE San Rafael St

    General Information

    Size
    45,968 SF
    Lot size
    3.56 Acres

    Source: Colliers | Portland Agent Jon Rubey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gresham Industrial Property with Office

    This industrial property is located in Gresham, offering convenient access to Interstate 84. The 40,702 square foot building includes 6,500 square feet of first-floor office space and 5,266 square feet of second-floor office space, making it suitable as a corporate headquarters. The property was renovated in 2021, with LED lighting in the warehouse and white painted interior walls. The existing electrical system, featuring 1200 amps of 480V 3-phase power, is suitable for many manufacturing operations. The property has dock and grade loading capabilities and upgraded sprinklers to maximize racking capacity. Racking and warehouse equipment are available for purchase separately. A Tri Met bus stop is located at the corner of NE 181st and San Rafael, providing convenient access for employees. The property's location within Gresham city limits allows companies to benefit from being outside of Portland's tax structure while maintaining a Portland address.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Senvoy Courier Service HYTEK Co Corporate Office Ewco Air Conditioning Contractor Next Garage Door ... Door Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.4787328
    Latitude
    45.5374804

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    FAQs

    What type of property is this?
    Manufacturing property - Renovated industrial building with office space and easy I-84 access.
    Where is this manufacturing property located?
    The property is located at 18055 NE San Rafael St Portland, OR.
    What is the asking price?
    The asking price for this property is $8,188,000.
    What are key features of this property?
    This property features: - Ideal corporate headquarters with 11,766 SF of office space.; - Strategic location: Portland address with Gresham tax benefits and easy I-84 access.; - Recently renovated in 2021, inside and out.
    (503) 819-7586
    Request Owner's contact information
    18055 NE San Rafael St Portland, OR 97230
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    Portland, OR 97230
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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
    18055 NE San Rafael St Portland, OR 97230
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