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    16427 NE Airport Way Portland, OR 97230

    For Sale
    $7,780,000

    39,924 SF industrial building with secure yard near Airport.

    Property size:
    39,924 SF

    Property Features for 16427 NE Airport Way

    General Information

    Size
    39,924 SF

    Building Details

    Year built
    1998

    Source: Scott Kappes, SIOR Agent Scott Kappes, SIOR

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

    Overview

    Portland Industrial Building For Sale

    This industrial property features a 39,924-square-foot concrete-tilt building situated on a 2.04-acre site. The property includes a highly secured, fenced yard area. It offers two stories of Class A, elevator-served office space with an expansive glass line. Enhanced power, estimated at 3,800 amps and 480v, and secure access are among the upgrades. The location provides direct frontage off Airport Way and is in close proximity to both I-205 and I-84. It is located approximately 7 minutes from PDX International Airport and Cascade Station (Retail/Lodging) and 20 minutes from Downtown Portland. The property is suitable as a corporate headquarters for manufacturers or distributors.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lazarus Naturals Manufacturer

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Auto Repair Shop Hair Salon Wholesale Shop Clothing Store Hotel & Motel Pharmacy

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

    Similar Places Nearby

    Alexander's Mobility Services - Atlas Van Lines, Focus global, Brian Self Storage Units - Cheap Self Storage Near You

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.493946
    Latitude
    45.556154

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    FAQs

    What type of property is this?
    Warehouse - 39,924 SF industrial building with secure yard near Airport.
    Where is this warehouse located?
    The property is located at 16427 NE Airport Way Portland, OR.
    What is the asking price?
    The asking price for this property is $7,780,000.
    What are key features of this property?
    This property features: - Strategic location with direct frontage on Airport Way and close proximity to I-205, I-84, and PDX International Airport.; - Enhanced power supply (est. 3,800 amps, 480v).; - Highly secured, fenced yard area with secure access.
    (503) 816-4201
    Request Owner's contact information
    16427 NE Airport Way 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
    16427 NE Airport Way Portland, OR 97230
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