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    866-900 N Columbia Blvd Portland, OR 97211

    For Sale
    Contact for pricing

    Heavy Industrial-zoned property with redevelopment potential in Portland's industrial hub.

    Property size:
    131,472 SF
    Lot size:
    5.34 Acres

    Property Features for 866-900 N Columbia Blvd

    General Information

    Size
    131,472 SF
    Lot size
    5.34 Acres

    Source: Apex Real Estate Partners Agent Jordan Fezler

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

    Overview

    Portland Industrial Redevelopment Opportunity

    The Pickle Factory is a property that offers potential as a leased investment or a redevelopment project. It features a strong anchor tenant, immediate access to I-5, and a location in Portland’s industrial hub. The property includes five buildings totaling approximately 131,472 square feet on approximately 5.34 acres of Heavy Industrial-zoned land. The current ownership has completed improvements, including new roofs, upgraded windows, electrical and power enhancements, and tenant upgrades. An assignable Prospective Purchaser Agreement (PPA) has been executed, protecting future owners from environmental remediation responsibilities. Glass to Glass, part of Owens-Illinois (O-I) Glass, is the anchor tenant, occupying approximately 47,290 square feet of the approximately 53,873 square foot building with remaining lease term in place. Building B1, spanning approximately 60,275 square feet, features leased maker and creative spaces and serves as a venue for large events, generating additional income.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    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.

    Similar Places Nearby

    Rent-A-Bay, Brian Self Storage Units, Devon Self Storage, Royal Moving & Storage Portland

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6758301
    Latitude
    45.5833473

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    FAQs

    What type of property is this?
    Warehouse - Heavy Industrial-zoned property with redevelopment potential in Portland's industrial hub.
    Where is this warehouse located?
    The property is located at 866-900 N Columbia Blvd Portland, OR.
    What are key features of this property?
    This property features: - Strong anchor tenant, Glass to Glass (part of Owens-Illinois (O-I) Glass), provides stable income.; - Heavy Industrial zoning on ± 5.34 acres allows for redevelopment or continued industrial use.; - Immediate access to I-5 offers excellent transportation and logistics advantages.
    (503) 313-8149
    Request Owner's contact information
    866-900 N 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
    866-900 N Columbia Blvd Portland, OR 97211
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