Industrial Contractor Flex
12005 N Lombard St Portland, OR 97203
12005 N Lombard St, Portland, OR, 97203
Contact for pricing
For Sale
Contact for pricing
Contractor-ready industrial site with a secured, fenced perimeter and paved yard for equipment storage and staging.
Property Size6,798 SF
Lot Size0.63 Acres
Price / SF$169.17
Days on Market115
Property Features for 12005 N Lombard St
General Information
- Standard status
- Active
- Size
- 6,798 SF
- Lot size
- 0.63 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1960
Listing agency
Capacity Commercial Group
(503) 542-4350
Listed by
Mark Childs · License #OR 890600270
Source
Crexi
Added: Mar 30 Updated: Jul 22 at 7:57AM Checked: Jul 22 at 7:57AM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
This industrial contractor site offers a functional layout designed for equipment storage, fleet parking, and material staging. The property is fully secured with a fenced perimeter and includes a paved yard area, along with exterior lighting to support operations after hours.
The asset is listed as available in Rivergate and is offered for sale. Based on the information provided, it supports outside operations through the yard and staging configuration.
The improvements and site features emphasize practical industrial use, including exterior storage and vehicle parking within a controlled, fenced setting.
The asset is listed as available in Rivergate and is offered for sale. Based on the information provided, it supports outside operations through the yard and staging configuration.
The improvements and site features emphasize practical industrial use, including exterior storage and vehicle parking within a controlled, fenced setting.
Key Highlights
- Industrial contractor site available in Rivergate with 6,798 SF and 0.63 AC
- Fully secured and fenced perimeter for added site security
- Paved yard area for equipment storage, fleet parking, and material staging
Local Financial Insights For Flex RnD
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 | $114.2k | $16.80 |
| − Vacancy | −$8.0k | −$1.18 |
| EGI | $106.2k | $15.62 |
| − OpEx | −$37.2k | −$5.47 |
| NOI | $69.0k | $10.16 |
6,798 SF · lease $16.80/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$986.3K
$863.0K – $1.15M
NOI $69,038 @ 7.0% cap · market cap 6.00%
Second Best
Industrial
$609.5K
$533.4K – $711.1K
NOI $42,668 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,633 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Northwest Pipe Company
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Contractor-ready industrial site with a secured, fenced perimeter and paved yard for equipment storage and staging.
Where is this flex space located?
The property is located at 12005 N Lombard St Portland, OR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Industrial contractor site available in Rivergate with 6,798 SF and 0.63 AC; Fully secured and fenced perimeter for added site security; Paved yard area for equipment storage, fleet parking, and material staging
