Industrial Land with Storage
18520 SW 108th Ave Tualatin, OR 97062
For Sale
Contact for pricing
Flat one-acre industrial lot includes two storage buildings totaling 6,000 SF.
Property Size6,000 SF
Lot Size1.44 Acres
Price / SF$261.50
Days on Market802
Property Features for 18520 SW 108th Ave
General Information
Standard status
Active
Size
6,000 SF
Lot size
1.44 Acres
Property subtype
LAND
Listing Agency:
Macadam Forbes
(503) 972-7288
Listed By:
Stu Peterson · License #820300052
(503) 972-7288
Source:
Moodyscre
Added: May 17, 2024
Changed: Jul 25
Last Checked: Jul 26 at 2:26PM
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.
The property is a flat, rectangular one-acre industrial lot with two storage buildings on-site. The larger building is 3,350 SF and the second building is 2,650 SF, providing two existing storage spaces within a single parcel.
The site is located in Tualatin and is described as being surrounded by many of SW Portland’s largest employers. The parcel is fully served with utilities, supporting immediate utility of the storage improvements.
This configuration offers a straightforward, existing industrial setup with two separate storage buildings on one fully serviced lot.
The site is located in Tualatin and is described as being surrounded by many of SW Portland’s largest employers. The parcel is fully served with utilities, supporting immediate utility of the storage improvements.
This configuration offers a straightforward, existing industrial setup with two separate storage buildings on one fully serviced lot.
Key Highlights
- Flat, rectangular 1‑acre industrial lot in Tualatin
- Two storage buildings on‑site totaling 6,000 SF (3,350 SF and 2,650 SF)
- Parcel is fully served with all utilities
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 | $57.6k | $9.60 |
| − Vacancy | −$3.8k | −$0.63 |
| EGI | $53.8k | $8.97 |
| − OpEx | −$8.1k | −$1.34 |
| NOI | $45.7k | $7.62 |
6,000 SF · lease $9.60/SF/yr · vacancy 6.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$653.3K
$571.6K – $762.2K
NOI $45,729 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,368 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Iron Mountain — 20115 SW 95th Ave, Tualatin, OR 97062
- Lile North American Moving and Storage — 19460 SW 118th Ave, Tualatin, OR 97062
- Storage 2U — 18855 SW Teton Ave, Tualatin, OR 97062
- North American Van Lines — 19460 SW 118th Ave Suite 100, Tualatin, OR 97062
- Lile Warehouse & Distribution — 19470 SW 118th Ave, Tualatin, OR 97062
Frequently Asked Questions
What type of property is this?
Warehouse - Flat one-acre industrial lot includes two storage buildings totaling 6,000 SF.
Where is this warehouse located?
The property is located at 18520 SW 108th Ave Tualatin, OR.
What is the asking price?
The asking price for this property is $1,569,000.
What are key features of this property?
This property features: Flat, rectangular 1‑acre industrial lot in Tualatin; Two storage buildings on‑site totaling 6,000 SF (3,350 SF and 2,650 SF); Parcel is fully served with all utilities
