Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Tualatin Industrial Property for Lease Title is generated by Realmo AI

    10230-10280 SW Spokane Court, Tualatin, OR 97062

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial property in Tualatin, easy freeway access, concrete tilt-up construction.

    Type:Industrial
    Added:
    Nov 25, 2025
    Days on Market:
    168
    Last Refresh:
    Apr 5 at 10:12 pm

    Property Features for 10230-10280 SW Spokane Court

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Stu Peterson, SIOR

    Listing agent Stu Peterson, SIOR License #OR #820300052

    Listing office

    Listing date Nov 25, 2025

    Source Macadamforbes

    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 Stu Peterson, SIOR

    HighLights

    • Strategic Location: Situated in Tualatin, the Portland Metro area's largest industrial/commercial submarket.
    • Excellent Freeway Access: Easy access to I‑5 via Herman Road or Tualatin Sherwood Road.
    • Robust Power Supply: Equipped with a substantial 1600 amp 3‑phase power system.
    • Concrete Tilt‑Up Construction: Durable and efficient.
    • High Clear Height: Features a 21' clear height.
    • Favorable Zoning: Zoned MG (City of Tualatin), allowing for a range of industrial and commercial activities.

    Overview

    Located in Tualatin, Oregon, the property benefits from convenient freeway access to I-5 via Herman Road or Tualatin Sherwood Road. Situated one block off Teton, the property lies within the Portland Metro area's largest industrial and commercial submarket. This mature market has seen significant growth, particularly with businesses relocating from Multnomah County and the City of Portland. Tualatin forms part of the South I-5 corridor market, neighbored by cities that drive the economic engine of Washington County. The property features concrete tilt-up construction and a clear height of 21 feet. It is zoned MG within the City of Tualatin and has a power supply of 1600 amp 3 phase.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Tualatin Heights — 9301 SW Sagert St, Tualatin, OR 97062
    • A Storage Place — 20255 SW Avery Ct, Tualatin, OR 97062
    • Iron Mountain — 20115 SW 95th Ave, Tualatin, OR 97062
    • Lile North American Moving and Storage — 19460 SW 118th Ave, Tualatin, OR 97062
    • Lile Warehouse & Distribution — 19470 SW 118th Ave, Tualatin, OR 97062

    Location Insight

    • Map
    • Local Demand
    City
    Tualatin
    County
    Washington
    State
    Oregon
    Longitude
    -122.781
    Latitude
    45.3818

    Nearby Similar for Lease

    • $2,200/Mo

      Tualatin Office Space For Rent

      Downtown Tualatin office space near I-5 and Tualatin-Sherwood Road.
      19350 SW 89th Ave, Tualatin, OR 97062
      View Details
    • $4,950/Mo

      Insulated Warehouse Near I-5 Exit

      Climate-controlled warehouse with office space, near I-5, Tualatin, Oregon.
      19470 SW Mohave Ct, Tualatin, OR 97062
      View Details
    • Contact for pricing

      Modern Industrial Facility in Tualatin

      Modern industrial facility with versatile layout, ideal for manufacturers and distributors.
      19600 SW 129th Ave, Suite A, Tualatin, OR 97062
      View Details
    • $0.77 SF/Yr

      Tualatin Warehouse/Manufacturing Building For Rent

      82,160 SF warehouse/manufacturing building on 5.29 acres in Tualatin.
      10450 SW Manhasset Dr, Tualatin, OR 97062
      View Details
    • Contact for pricing

      Tualatin Industrial Warehouse with Yard

      14,230 SF warehouse with office, yard, and convenient access.
      19635 SW 129th Ave, Tualatin, OR 97062
      View Details
    • $31 SF/Yr

      Tualatin Office Space Available

      Office space for rent with convenient access to amenities.
      19801 Southwest 72nd Avenue, Tualatin, OR, 97062
      View Details
    • Contact for pricing

      Tualatin Office and Warehouse Space

      32,727 SF office and warehouse near Hwy 99.
      11975 SW Herman Rd, Tualatin, OR 97062
      View Details
    • Sponsored
      Contact for pricing

      Tualatin

      8215 Tualatin-Sherwood Rd, Unit 200, Tualatin, OR 97062
      View Details
    • $24 SF/Yr

      Office Space Near I-5

      Office space for rent, convenient access to I-5.
      18650 SW Boones Ferry Rd, Tualatin, OR 97062
      View Details
    • $16 SF/Yr

      Tualatin Office Space Available

      Office space available for lease in Tualatin, Oregon.
      19500 Southwest 90th Court, Tualatin, OR, 97062
      View Details
    • $31 SF/Yr

      Tualatin Ground Floor Office Space

      Built-out ground floor office with prime lobby exposure in Tualatin.
      8215 SW Tualatin-Sherwood Rd, Tualatin, OR 97062
      View Details
    • Contact for pricing

      Tualatin Flex Space For Rent

      Flex space with fenced yard and convenient access.
      18880 SW Teton Avenue , Tualatin, OR 97062
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial property in Tualatin, easy freeway access, concrete tilt-up construction.
    Where is this warehouse located?
    The property is located at 10230-10280 SW Spokane Court Tualatin, OR.
    What are key features of this property?
    This property features: Strategic Location: Situated in Tualatin, the Portland Metro area's largest industrial/commercial submarket.; Excellent Freeway Access: Easy access to I‑5 via Herman Road or Tualatin Sherwood Road.; Robust Power Supply: Equipped with a substantial 1600 amp 3‑phase power system.
    (503) 972-7288
    We can help!
    Listing Contact
    Stu Peterson, SIOR
    Real Estate License ID: OR #820300052
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10230-10280 SW Spokane Court, Tualatin, OR 97062
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!