Industrial Building with Yard
3641 NW Saint Helens Rd Portland, OR
3641 NW Saint Helens Rd, Portland, OR, 00000
Contact for pricing
For Sale
Contact for pricing
Two-story industrial building with office and abundant yard space.
Property Size10,720 SF
Lot Size1.62 Acres
Price / SF$177.24
Days on Market462
Property Features for 3641 NW Saint Helens Rd
General Information
- Standard status
- Active
- Size
- 10,720 SF
- Lot size
- 1.62 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Norris & Stevens, Inc. - Corporate
(503) 225-8465
Listed by
Duane Link
Source
Moodyscre
Added: Apr 16, 2025 Updated: Jul 6 at 9:29AM Checked: Jul 19 at 4:26AM
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 Norris & Stevens, Inc. - Corporate
Investment Insights
Based on property information with market context.
This is a two-story industrial building featuring an office on the second floor. The property includes abundant yard space and cross docks, with three on each side. The building has a height of 20 feet, with a clear height of 16 feet in the warehouse area. Level 1 environmental studies have been completed. The property also features a bare bones truck yard with a dock. The property can be used as a warehouse, for distribution, or as a truck terminal.
Key Highlights
- Abundant yard space
- Cross docks - 3 on each side
- Two‑story industrial building with office on the second floor
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.9k | $9.60 |
| − Vacancy | −$6.8k | −$0.63 |
| EGI | $96.1k | $8.97 |
| − OpEx | −$14.4k | −$1.34 |
| NOI | $81.7k | $7.62 |
10,720 SF · lease $9.60/SF/yr · vacancy 6.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.17M
$1.02M – $1.36M
NOI $81,702 @ 7.0% cap · market cap 4.30%
Second Best
Industrial
$961.2K
$841.1K – $1.12M
NOI $67,284 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$3.01M
$2.63M – $3.51M
NOI $210,731 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Truck terminals
Similar For Sale Nearby
Similar Off Market Nearby
- Spectrum Information Services NW Inc. — 3077 NW St Helens Rd, Portland, OR 97210
- U-Pack — 3333 NW 35th Ave, Portland, OR 97210
FAQs
What type of property is this?
Warehouse - Two-story industrial building with office and abundant yard space.
Where is this warehouse located?
The property is located at 3641 NW Saint Helens Rd Portland, OR.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Abundant yard space; Cross docks - 3 on each side; Two‑story industrial building with office on the second floor
