Industrial Land with Storage
For Sale
Contact for pricing
18520 SW 108th Ave, Tualatin, OR 97062
Flat one-acre industrial lot includes two storage buildings totaling 6,000 SF.
Property Size6,000 SF
Lot Size1.44 Acres
Price / SF$261.50
Days on Market893
Property Features for 18520 SW 108th Ave
General Information
Standard status
Active
Size
6,000 SF
Lot size
1.44 Acres
Property subtype
LAND
Additional Details
Utilities to Site
Yes
Listing Agency:
Macadam Forbes
(503) 227-2500
Listed By:
Stu Peterson · License #820300052
(503) 972-7288
Source:
Moodyscre
Added: May 17, 2024
Changed: Oct 25
Last Checked: Oct 24 at 9:15PM
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
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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.
The property is a flat, rectangular one-acre industrial lot with two storage buildings on-site. The larger building is 3,350 SF and the second building is 2,650 SF, providing two existing storage spaces within a single parcel.
The site is located in Tualatin and is described as being surrounded by many of SW Portland’s largest employers. The parcel is fully served with utilities, supporting immediate utility of the storage improvements.
This configuration offers a straightforward, existing industrial setup with two separate storage buildings on one fully serviced lot.
The site is located in Tualatin and is described as being surrounded by many of SW Portland’s largest employers. The parcel is fully served with utilities, supporting immediate utility of the storage improvements.
This configuration offers a straightforward, existing industrial setup with two separate storage buildings on one fully serviced lot.
Key Highlights
- Flat, rectangular 1‑acre industrial lot in Tualatin
- Two storage buildings on‑site totaling 6,000 SF (3,350 SF and 2,650 SF)
- Parcel is fully served with all utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,729
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$914,580
$914.6K
Cap Rate 7%
$653,271
$653.3K
Cap Rate 9%
$508,100
$508.1K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$57.6K $9.60/SF
− Vacancy
−$3.8K −$0.63/SF
EGI
$53.8K $8.97/SF
− OpEx
−$8.1K −$1.34/SF
NOI
$45.7K $7.62/SF
Area
Washington County, 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%
$914,580
Cap Rate 7%
$653,271
Cap Rate 9%
$508,100
Alternative Uses
Best Use
Warehouse
$653.3K
$571.6K – $762.2K
NOI $45,729 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,368 @ 7.0% cap · market cap 7.23%
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
Utilities to site
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97062, OR
29,146
Population
11,659
Households
2.5
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
14.2 sq mi
ZIP Area
2,053
Density / Sq Mi
$106,987
Median Household Income
$51,753
Median Earnings
$1,721
Median Rent
$607,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Iron Mountain — 20115 SW 95th Ave, Tualatin, OR 97062
- Lile Warehouse & Distribution — 19470 SW 118th Ave, Tualatin, OR 97062
- North American Van Lines — 19460 SW 118th Ave Suite 100, Tualatin, OR 97062
- Lile North American Moving and Storage — 19460 SW 118th Ave, Tualatin, OR 97062
- Storage 2U — 18855 SW Teton Ave, Tualatin, OR 97062
Frequently Asked Questions
What type of property is this?
Warehouse - Flat one-acre industrial lot includes two storage buildings totaling 6,000 SF.
Where is this warehouse located?
The property is located at 18520 SW 108th Ave Tualatin, OR.
What is the asking price?
The asking price for this property is $1,569,000.
What are key features of this property?
This property features: Flat, rectangular 1‑acre industrial lot in Tualatin; Two storage buildings on‑site totaling 6,000 SF (3,350 SF and 2,650 SF); Parcel is fully served with all utilities
