Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15810 SE 135th Avenue Clackamas, OR 97015

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex space with office and warehouse in Clackamas.

    Type:Office
    Added:
    Nov 25, 2025
    Days on Market:
    127
    Last Refresh:
    Mar 29 at 10:15 pm

    Property Features for 15810 SE 135th Avenue

    General Information

    Standard status
    Active
    Property subtype
    Office

    We can help!

    Listing Contact
    Brett Bayne
    Brett Bayne

    Listing agent Brett Bayne License #OR #940700089

    Listing office Macadam Forbes

    Listing date Nov 25, 2025

    Source Macadamforbes

    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

    Overview

    Clackamas Flex Space Available

    This flex space, formerly Liberty Multi-Modal, features two floors of office space and a 2,000 square foot warehouse. The warehouse includes a grade-level door. The property is located immediately south at the signalized intersection of Southeast 135th Avenue and Highway 212 in Clackamas. It is located in the desirable Clackamas submarket and offers good off-street parking. The building is new construction and offers outstanding curb appeal. The office layout is functional, and the warehouse has an 18-foot clear height. The property is zoned C2.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clackamas
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.524
    Latitude
    45.4077

    Nearby Similar for Lease

    • Contact for pricing

      Happy Valley Retail/Office Spaces Available

      Retail, service, and office spaces available in Happy Valley.
      14779-14863 SE Oregon Trail Dr, Clackamas, OR 97015
      View Details
    • Sponsored
      Contact for pricing

      Three Town Center

      10121 Sunnyside Rd, Unit 300, Clackamas, OR 97015
      View Details
    • $18/mo

      Renovated Office Space For Rent

      Newly renovated office space with parking and tenant improvements.
      9117 Southeast Saint Helens Street, Clackamas, OR 97015
      View Details
    • $1.00/mo

      Flex Space with Highway Visibility

      Flex suites available for lease with highway access and visibility.
      15800 SE Piazza Ave, Clackamas, OR 97015
      View Details
    • $1.15/mo

      Clackamas Flex/Industrial Space Available

      Flex/industrial space with freeway access, ample parking, and on-site services.
      8849 SE Jannsen Rd, Clackamas, OR
      View Details
    • Contact for pricing

      Clackamas Flex Space Available

      Flex space with office and warehouse components, convenient location.
      15140 SE 82nd Drive Suite 200, Clackamas, OR 97015
      View Details
    • Contact for pricing

      Retail Center at Clackamas Crossings

      Retail center with high traffic exposure on Highway 212.
      15530-15638 SE 135th Avenue, Clackamas, OR 97015
      View Details
    • Contact for pricing

      Medical Office Space on Sunnyside

      Class A medical office space available in Clackamas, Oregon.
      12360 SE Sunnyside Road, Clackamas, OR 97015
      View Details
    • Contact for pricing

      Medical Office Building For Lease

      Medical office building with tenant improvement allowance and structured parking.
      8730 SE Sunnybrook Boulevard, Clackamas, OR 97015
      View Details
    • Contact for pricing

      Clackamas Shop, Office, Fenced Yard

      Shop, office, and fenced yard in Clackamas industrial market.
      16187 SE Evelyn Street, Clackamas, OR 97015
      View Details
    • Contact for pricing

      Clackamas Warehouse and Distribution Space

      Multi-building business park, ideal for manufacturing, warehousing, distribution.
      15635-15850 SE 114th Avenue, Clackamas, OR 97015
      View Details
    • $32/mo

      Corner Suite Former Medical Clinic

      Corner suite with excellent glass lines and medical improvements.
      10151 SE Sunnyside Rd, Clackamas, OR
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with office and warehouse in Clackamas.
    Where is this flex space located?
    The property is located at 15810 SE 135th Avenue Clackamas, OR.
    What are key features of this property?
    This property features: New construction with outstanding curb appeal.; Well located in the highly desirable Clackamas submarket.; True flex space with functional office layout.
    (503) 972-7280
    We can help!
    Listing Contact
    Brett Bayne
    Brett Bayne
    Real Estate License ID: OR #940700089
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!