Freestanding Office
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
(503) 972-7274
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.
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
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
NOI $147,433 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,214
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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