Search
Freestanding Office Building
For Sale
Contact for pricing

1430 SW Clay St, Portland, OR 97201

Two-story office building with private offices, conference rooms, open space, and covered plus surface parking.

Property Size7,500 SF
Price / SF$186.67
Days on Market1058

Property Features for 1430 SW Clay St

General Information

Standard status Active
Size 7,500 SF
Property subtype OFFICE

Building Details

Stories 2
Listing Agency: Macadam Forbes
Listed By: Megan McElmurry · License ##201210648
Source: Moodyscre
Added: Sep 7, 2023 Changed: Jul 26 Last Checked: Jul 26 at 1:42PM

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 freestanding, two-story owner-user office building offers approximately 7,500 square feet of flexible interior space. The layout includes private offices, generous conference rooms, and open areas designed to support both focused work and collaboration.

The property at 1430 SW Clay St also features covered and surface parking, providing on-site convenience for staff and visiting clients.

As an owner-user opportunity, the building’s configuration supports a range of day-to-day office needs while keeping access and parking straightforward.

Key Highlights

  • 2‑story owner‑user office building at 1430 SW Clay Street
  • Approximately 7,500 SF freestanding office building with a flexible interior layout
  • Includes private offices, generous conference rooms, and open spaces

Financial Insights For Office B

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 $171.0k $22.80
− Vacancy −$41.6k −$5.54
EGI $129.4k $17.26
− OpEx −$32.4k −$4.31
NOI $97.1k $12.94
7,500 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.39M
$1.21M – $1.62M (±1% cap)
NOI $97,085 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M (±1% cap)
NOI $147,433 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Association of Western Pulp Nightclub

Suggested Use

Top Pick Butcher Buffet Veterinary Clinic Tanning Salon Supermarket (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,214
Businesses Nearby

Demographics for 97201, OR

17,352
Population
10,748
Households
1.6
Avg Household Size
34
Median Age
67%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,133
Density / Sq Mi
$67,074
Median Household Income
$48,101
Median Earnings
$1,565
Median Rent
$648,400
Median Home Value

Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with private offices, conference rooms, open space, and covered plus surface parking.
Where is this office building located?
The property is located at 1430 SW Clay St Portland, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2‑story owner‑user office building at 1430 SW Clay Street; Approximately 7,500 SF freestanding office building with a flexible interior layout; Includes private offices, generous conference rooms, and open spaces
(503) 972-7274 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message