HVAC-Conditioned Warehouse with Dock
For Sale
Contact for pricing
81 NE Columbia Blvd, Portland, OR 97211
HVAC-conditioned warehouse with fenced, paved yard and quick I-5 access, including dock and grade doors.
Property Size15,778 SF
Price / SF$193.66
Days on Market476
Property Features for 81 NE Columbia Blvd
General Information
Standard status
Active
Size
15,778 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Dock-High Doors
2
Drive-In Doors
2
Three-Phase Power
Yes
Heavy Power
Yes
Conditioned Warehouse
Yes
Listing Agency:
Macadam Forbes
(503) 616-0992
Listed By:
Joe Curran · License ##200812036
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Jul 30
Last Checked: Aug 2 at 2:50PM
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.
HVAC-conditioned warehouse with visibility on Columbia Boulevard and a fenced, paved yard. The property includes 2 dock doors and 2 grade doors to support loading and receiving operations, along with heavy 3 phase power for industrial electrical needs.
The site provides quick access to I-5 in both north and south directions, helping streamline logistics and day-to-day transportation. The fenced and paved yard area is positioned to support equipment staging, material handling, and flexible outdoor operations.
Ideal for tenants seeking a warehouse facility with practical loading configuration, conditioned interior space, and a secured, hard-surfaced exterior area.
The site provides quick access to I-5 in both north and south directions, helping streamline logistics and day-to-day transportation. The fenced and paved yard area is positioned to support equipment staging, material handling, and flexible outdoor operations.
Ideal for tenants seeking a warehouse facility with practical loading configuration, conditioned interior space, and a secured, hard-surfaced exterior area.
Key Highlights
- Visibility on Columbia Boulevard
- 15,000 SF fenced and paved yard
- HVAC‑conditioned warehouse interior
Financial Insights For Warehouse
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 | $151.5k | $9.60 |
| − Vacancy | −$10.0k | −$0.63 |
| EGI | $141.5k | $8.97 |
| − OpEx | −$21.2k | −$1.34 |
| NOI | $120.3k | $7.62 |
15,778 SF · lease $9.60/SF/yr · vacancy 6.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.72M
$1.50M – $2.00M
NOI $120,251 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.43M
$3.88M – $5.17M
NOI $310,160 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97211, OR
33,762
Population
15,106
Households
2.2
Avg Household Size
38
Median Age
56%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,755
Density / Sq Mi
$109,604
Median Household Income
$59,171
Median Earnings
$1,818
Median Rent
$616,800
Median Home Value
Market
Vacancy Rate% for Industrial in Portland, OR
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rent-A-Bay — 8900 NE 4th Ave, Portland, OR 97211
- Royal Moving & Storage Portland — 7625 NE Martin Luther King Jr Blvd, Portland, OR 97211
Frequently Asked Questions
What type of property is this?
Warehouse - HVAC-conditioned warehouse with fenced, paved yard and quick I-5 access, including dock and grade doors.
Where is this warehouse located?
The property is located at 81 NE Columbia Blvd Portland, OR.
What is the asking price?
The asking price for this property is $3,055,600.
What are key features of this property?
This property features: Visibility on Columbia Boulevard; 15,000 SF fenced and paved yard; HVAC‑conditioned warehouse interior
