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 Market567
Property Features for 81 NE Columbia Blvd
General Information
Standard status
Active
Size
15,778 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Piedmont
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) 227-2500
Listed By:
Joe Curran · License ##200812036
(503) 616-0992
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Oct 26
Last Checked: Nov 1 at 2:55AM
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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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
Estimated NOI and Cap Rate
NOI / Yr
$120,251
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,405,020
$2.4M
Cap Rate 7%
$1,717,871
$1.7M
Cap Rate 9%
$1,336,122
$1.3M
Market Conditions
NOI Build-Up for 15,778 SF
Gross rent
$151.5K $9.60/SF
− Vacancy
−$10.0K −$0.63/SF
EGI
$141.5K $8.97/SF
− OpEx
−$21.2K −$1.34/SF
NOI
$120.3K $7.62/SF
Area
Portland, 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%
$2,405,020
Cap Rate 7%
$1,717,871
Cap Rate 9%
$1,336,122
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Portland, OR
Similar Off Market Nearby
- Royal Moving & Storage Portland — 7625 NE Martin Luther King Jr Blvd, Portland, OR 97211
- Rent-A-Bay — 8900 NE 4th Ave, 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
