Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flex Building Near Highway 99 Title is generated by Realmo AI

    158 SW 1st Avenue, Canby, OR 97013

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $19 SF/Yr $33,566/Mo (calc)

    Flex building with office and warehouse space near Highway 99.

    Type:Office
    Property size:
    21,200 SF
    Added:
    Mar 5, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 5 at 8:39 pm

    Property Features for 158 SW 1st Avenue

    General Information

    Standard status
    Active
    Size
    21,200 SF
    Property subtype
    Office

    Spaces For Lease

    at 158 SW 1st Avenue Contact us

    We can help!

    Listing Contact
    Jeff Falconer, SIOR

    Listing agent Jeff Falconer, SIOR

    Listing office

    Listing date Mar 5, 2026

    Source Corfac

    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 Jeff Falconer, SIOR

    HighLights

    • Great visibility on Hwy 99
    • Ready for immediate occupancy
    • Ample parking
    • Flex building with half office, half warehouse/manufacturing/storage space
    • Total SF: 21,200 SF
    • Walking distance to Canby’s vibrant old town restaurants, cafes, and brew pubs

    Overview

    This flex building offers 21,200 square feet of space and is located with visibility on Highway 99. The property features ample parking and is within walking distance of Canby's old town area, which includes restaurants, cafes, and brew pubs. The building is ready for immediate occupancy and includes both office space and warehouse/manufacturing or storage space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Good News Bbq — 906 N Ivy St, Canby, OR 97013
    • Rosy Lea Tea Company — canby, or 97013

    Location Insight

    • Map
    • Local Demand
    City
    Canby
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.6930151
    Latitude
    45.2621851

    Nearby Similar for Lease

    • Contact for pricing

      Functional Industrial Suite For Lease

      5,000 SF industrial suite with convenient highway access.
      Canby, OR 97013
      View Details
    • Contact for pricing
      778,720 SF

      Available Warehouse Space in Canby

      778,720 SF warehouse space with ample parking.
      2121 S Township Road, Canby, OR
      View Details
    • Contact for pricing
      877 SF

      Retail Space in Anchored Center

      Retail space available in Canby, Oregon, anchored by Safeway.
      1013 SW 1st Ave, Canby, OR
      View Details
    • Contact for pricing

      Retail or Office Space Available

      Retail or office space for lease in Canby, Oregon.
      182 N Holly St, Canby, OR 97013
      View Details
    • $19 SF/Yr

      Rare Flex Building on Hwy 99

      Flex building with office and warehouse space near Old Town.
      158 SW 1st Ave, Canby, OR 97013
      View Details
    • Contact for pricing
      8,197 SF

      Retail Space in Anchored Center

      Retail space available in Safeway, Dollar Tree, Ace Hardware anchored center.
      1025 SW 1st Ave, Canby, OR
      View Details
    • Contact for pricing
      1,258 SF

      Retail Space in Canby Center

      Retail space available in premier Canby shopping center.
      1385 SE 1st Ave, Canby, OR
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Canby Center

      Retail space available in premier Canby shopping center.
      1477 SE 1st Ave, Canby, OR
      View Details
    • Contact for pricing

      Commercial Space Available For Lease

      Commercial space suitable for office or retail use.
      178 SW 2nd Ave, Canby, OR 97013
      View Details
    • Contact for pricing

      Retail/Restaurant Space in Canby, Oregon

      Retail and restaurant spaces available on Highway 99E.
      Highway 99E & Sequoia Pkwy, Canby, OR 97013
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex building with office and warehouse space near Highway 99.
    Where is this flex space located?
    The property is located at 158 SW 1st Avenue Canby, OR.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Great visibility on Hwy 99; Ready for immediate occupancy; Ample parking
    (503) 542-4346
    We can help!
    Listing Contact
    Jeff Falconer, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    158 SW 1st Avenue, Canby, OR 97013
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!