Warehouse with Dock and Grade
For Sale
$7,975,000
2805 Industrial Ave, Hubbard, OR 97032
Modern warehouse on a 2.08-acre site with 24' clear height and multiple dock and grade doors for efficient loading.
Property Size39,856 SF
Lot Size2.08 Acres
Price / SF$200.10
Days on Market107
Property Features for 2805 Industrial Ave
General Information
Standard status
Active
Size
39,856 SF
Lot size
2.08 Acres
Property subtype
Industrial
Warehouse & Industrial
Clear Height
24 ft
Dock-High Doors
4
Drive-In Doors
2
Building Details
Building Size
39,856 SF
Year Built
2008
Listed By:
Don Ossey, SIOR
(503) 781-4008
Source:
Capacitycommercial
Added: Jun 25
Changed: Oct 7
Last Checked: Oct 7 at 9:57AM
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 Don Ossey, SIOR
Investment Insights
Based on property information with market context.
This modern warehouse totals approximately 39,856 square feet on a 2.08-acre site, built in 2008. The space offers 24-foot clear height and a loading configuration designed for flexible receiving and dispatch, with four dock doors and two grade doors. Interior lighting includes T-5 fixtures supplemented by 56 skylights, providing substantial natural light alongside artificial illumination.
The property is located in Hubbard, Oregon and is positioned on its own site, supporting straightforward truck access and on-site operations consistent with a warehouse use.
For logistics and distribution users, the combination of high clear height and multiple loading positions can help support day-to-day throughput. Tenants and buyers looking for a purpose-built industrial facility with both dock and grade capabilities should find this configuration practical for a range of warehousing and handling needs.
The property is located in Hubbard, Oregon and is positioned on its own site, supporting straightforward truck access and on-site operations consistent with a warehouse use.
For logistics and distribution users, the combination of high clear height and multiple loading positions can help support day-to-day throughput. Tenants and buyers looking for a purpose-built industrial facility with both dock and grade capabilities should find this configuration practical for a range of warehousing and handling needs.
Key Highlights
- 39,856 SF warehouse on a 2.08‑acre site
- Built in 2008 with 24' clear height
- Loading includes 4 dock doors and 2 grade doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$420,021
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,400,420
$8.4M
Cap Rate 7%
$6,000,300
$6.0M
Cap Rate 9%
$4,666,900
$4.7M
Market Conditions
NOI Build-Up for 39,856 SF
Gross rent
$514.1K $12.90/SF
− Vacancy
−$20.0K −$0.50/SF
EGI
$494.1K $12.40/SF
− OpEx
−$74.1K −$1.86/SF
NOI
$420.0K $10.54/SF
Area
Marion County, OR
Vacancy
3.89%
Lease Rate
$12.90 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,400,420
Cap Rate 7%
$6,000,300
Cap Rate 9%
$4,666,900
Alternative Uses
Best Use
Warehouse
$6.00M
$5.25M – $7.00M
NOI $420,021 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.37M
$8.20M – $10.94M
NOI $656,141 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
24 ft
Clear height
4
Dock-high doors
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97032, OR
5,188
Population
1,805
Households
2.9
Avg Household Size
35
Median Age
23%
College-Educated
85%
High-School Grad
17.9 sq mi
ZIP Area
290
Density / Sq Mi
$100,301
Median Household Income
$47,561
Median Earnings
$1,492
Median Rent
$444,200
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 West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- 99E RV & Boat Covered Storage LLC — 17479 Highway W, OR-99E, Hubbard, OR 97032
- KH Vehicle and RV Storage — 2694 Industrial Ave, Hubbard, OR 97032
- Haas John I Inc — 3421 2nd St, Hubbard, OR 97032
- Advantage Self Storage of Hubbard — 4215 OR-99E, Hubbard, OR 97032
Frequently Asked Questions
What type of property is this?
Warehouse - Modern warehouse on a 2.08-acre site with 24' clear height and multiple dock and grade doors for efficient loading.
Where is this warehouse located?
The property is located at 2805 Industrial Ave Hubbard, OR.
What is the asking price?
The asking price for this property is $7,975,000.
What are key features of this property?
This property features: 39,856 SF warehouse on a 2.08‑acre site; Built in 2008 with 24' clear height; Loading includes 4 dock doors and 2 grade doors
