Food Processing Building For
For Sale
$2,200,000
10527 NE Sandy Blvd, Portland, OR 97220
Improved food processing building with freezer, cooler, hoods, parking.
Property Size9,876 SF
Price / SF$222.76
Days on Market194
Property Features for 10527 NE Sandy Blvd
General Information
Standard status
Active
Size
9,876 SF
Total Parking Spaces
8
Property subtype
Industrial
Zoning
CE
Building Details
Building Size
9,876 SF
Year Built
1994
Listing Agency:
Macadam Forbes
Listed By:
Rhys Konrad · License #OR #201205396
(503) 972-7293
Source:
Macadamforbes
Added: Mar 27
Changed: Oct 3
Last Checked: Oct 5 at 3:56PM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
This is a fully improved food processing building, equipped with a freezer, cooler, and hoods. The property provides approximately 10 parking spaces, along with both grade and dock loading capabilities. This property is suitable for a food-related company, allowing for operations to commence with minimal additional investment. The building has a size of 9876 square feet. The location offers convenient access to the I-205 freeway, facilitating connectivity to various destinations within the Portland metropolitan area.
Key Highlights
- Fully improved food processing building ready for immediate operation
- Includes freezer, cooler, and hoods
- Easy access to I‑205 freeway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,269
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,505,380
$1.5M
Cap Rate 7%
$1,075,271
$1.1M
Cap Rate 9%
$836,322
$836.3K
Market Conditions
NOI Build-Up for 9,876 SF
Gross rent
$94.8K $9.60/SF
− Vacancy
−$6.3K −$0.63/SF
EGI
$88.6K $8.97/SF
− OpEx
−$13.3K −$1.34/SF
NOI
$75.3K $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%
$1,505,380
Cap Rate 7%
$1,075,271
Cap Rate 9%
$836,322
Alternative Uses
Best Use
Warehouse
$1.08M
$940.9K – $1.25M
NOI $75,269 @ 7.0% cap · market cap 3.42%
Second Best
Industrial
$885.5K
$774.8K – $1.03M
NOI $61,987 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$2.77M
$2.43M – $3.24M
NOI $194,140 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Explore this area
Business Placement
Demographics for 97220, OR
29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Improved food processing building with freezer, cooler, hoods, parking.
Where is this manufacturing property located?
The property is located at 10527 NE Sandy Blvd Portland, OR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Fully improved food processing building ready for immediate operation; Includes freezer, cooler, and hoods; Easy access to I‑205 freeway
