Heavy Industrial Manufacturing
For Sale
Contact for pricing
1211 N Loring Street, Portland, OR 97227
Manufacturing facility with Heavy Industrial zoning and access to Portland’s major transportation routes.
Property Size21,650 SF
Price / SF$157.04
Days on Market194
Property Features for 1211 N Loring Street
General Information
Standard status
Active
Size
21,650 SF
Property subtype
Industrial
Zoning
Heavy Industrial (IH)
Lease Type
NNN
Additional Details
Highway Access
Yes
Building Details
Year Built
1956
Year Renovated
2017
Buildings
1
Stories
2
Listing Agency:
Ethos Commercial Advisors LLC Portland
Listed By:
Josh Bean · License #WA 22018414
(503) 205-0610
Source:
Crexi
Added: Apr 10
Changed: Oct 20
Last Checked: Oct 19 at 5:18AM
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 Ethos Commercial Advisors LLC Portland
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 21,650-square-foot manufacturing property was built in 1956 and carries Heavy Industrial (IH) zoning. The site is also within an Enterprise Zone, supporting an industrial setting for manufacturing, warehousing, freight movement, wholesale sales, and related industrial services.
The property is positioned in Portland’s close-in Northeast industrial submarket, near downtown, the Albina MAX station, and major regional routes including I-5, I-84, and I-405. Its location provides connections across the Portland metro area for industrial operations and distribution.
The property is positioned in Portland’s close-in Northeast industrial submarket, near downtown, the Albina MAX station, and major regional routes including I-5, I-84, and I-405. Its location provides connections across the Portland metro area for industrial operations and distribution.
Key Highlights
- 21,650‑square‑foot manufacturing property
- Heavy Industrial (IH) zoning
- Located within an Enterprise Zone
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$165,004
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,300,080
$3.3M
Cap Rate 7%
$2,357,200
$2.4M
Cap Rate 9%
$1,833,378
$1.8M
Market Conditions
NOI Build-Up for 21,650 SF
Gross rent
$207.8K $9.60/SF
− Vacancy
−$13.7K −$0.63/SF
EGI
$194.1K $8.97/SF
− OpEx
−$29.1K −$1.34/SF
NOI
$165.0K $7.62/SF
Area
Portland, OR
Vacancy
6.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,300,080
Cap Rate 7%
$2,357,200
Cap Rate 9%
$1,833,378
Alternative Uses
Best Use
Warehouse
$2.36M
$2.06M – $2.75M
NOI $165,004 @ 7.0% cap · market cap 4.85%
Second Best
Industrial
$1.94M
$1.70M – $2.26M
NOI $135,886 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$6.08M
$5.32M – $7.09M
NOI $425,590 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,539
Businesses Nearby
Explore this area
Business Placement
Demographics for 97227, OR
6,058
Population
3,835
Households
1.6
Avg Household Size
35
Median Age
60%
College-Educated
93%
High-School Grad
1.4 sq mi
ZIP Area
4,327
Density / Sq Mi
$79,161
Median Household Income
$56,098
Median Earnings
$1,609
Median Rent
$595,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Portland, OR
Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing facility with Heavy Industrial zoning and access to Portland’s major transportation routes.
Where is this manufacturing property located?
The property is located at 1211 N Loring Street Portland, OR.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 21,650‑square‑foot manufacturing property; Heavy Industrial (IH) zoning; Located within an Enterprise Zone
