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    646 N Thompson St Portland, OR 97212

    For Sale
    $1,050,000

    Industrial warehouse featuring office, restroom, and parking.

    Property size:
    5,500 SF
    Lot size:
    0.13 Acres

    Property Features for 646 N Thompson St

    General Information

    Size
    5,500 SF
    Lot size
    0.13 Acres

    Source: Macadam Forbes Agent Tyler Collins

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

    Overview

    Industrial Warehouse with Office Space

    This industrial property, zoned IG1 - General Industrial 1, features a warehouse space with a small office and restroom. The property includes one grade-level door and five parking spaces located in the back alley. It offers a clear height of 12 to 13 feet and is equipped with 240/120v, 600 amp, 3-phase power. The existing tenant is scheduled to vacate the property on March 1st, 2025. The property has a size of 5500 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hillcore Machine Inc Machine Shop

    Suggested Use

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

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

    Similar Places Nearby

    U-Store self storage facility, SunGard Availability Services, MODIG, U-Store Pearl, Nearby Self Storage Units

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6727225
    Latitude
    45.5384607

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    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse featuring office, restroom, and parking.
    Where is this warehouse located?
    The property is located at 646 N Thompson St Portland, OR.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - High power capacity: 240/120v, 600 amp, 3 phase power.; - Vacant possession: existing tenant vacates March 1st, 2025.; - General industrial zoning: IG1 - general industrial 1.
    (503) 227-2500
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    Portland, OR 97212
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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
    646 N Thompson St Portland, OR 97212
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