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    Industrial Buildings in Opportunity Zone Title is generated by Realmo AI

    2267 N Interstate Ave, Portland, OR

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    Two contiguous industrial buildings in a prime location for sale.

    Type:INDUSTRIAL
    Property size:
    31,180 SF
    Lot size:
    0.66 Acres
    Price / SF:
    $136/SF
    Added:
    Apr 2, 2025
    Days on Market:
    462
    Last Refresh:
    May 20 at 9:48 pm

    Property Features for 2267 N Interstate Ave

    General Information

    Standard status
    Active
    Size
    31,180 SF
    Lot size
    0.66 Acres
    Property subtype
    INDUSTRIAL

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    Matt Cole
    Matt Cole

    Listing office Apex Real Estate Partners

    Listing date Apr 2, 2025

    Source Moodyscre

    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 Apex Real Estate Partners

    HighLights

    • ± 21,180 SF of available industrial space in a convenient eastside location.
    • Located in an Opportunity Zone & Enterprise Zone.
    • Benefit from 5 dock doors & 3 grade level doors.
    • Excellent public transportation access with TriMet MAX and bus lines.
    • IG1 – General Industrial 1 zoning.
    • On‑site parking stalls with ample street parking.

    Overview

    The property features two contiguous buildings with a total size of approximately 31,180 square feet, situated on approximately 0.75 acres of land, which consists of four parcels. There is approximately 21,180 square feet of available industrial space. The property includes 5 dock doors and 3 grade-level doors. It is zoned IG1 – General Industrial 1. Located in an Opportunity Zone and Enterprise Zone, the property also benefits from being in an Interstate Corridor Urban Renewal Area. On-site parking is available, complemented by ample street parking. The location offers convenient access to the eastside, with excellent public transportation options including the TriMet MAX and bus lines nearby.

    Local 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 $299.3k $9.60
    − Vacancy −$19.8k −$0.63
    EGI $279.6k $8.97
    − OpEx −$41.9k −$1.34
    NOI $237.6k $7.62
    31,180 SF · lease $9.60/SF/yr · vacancy 6.60% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.39M
    $2.97M – $3.96M (±1% cap)
    NOI $237,636 @ 7.0% cap · market cap 5.59%
    Second Best
    Industrial
    $2.80M
    $2.45M – $3.26M (±1% cap)
    NOI $195,701 @ 7.0% cap · market cap 4.60%
    Theoretical Best
    Office A
    $8.76M
    $7.66M – $10.22M (±1% cap)
    NOI $612,928 @ 7.0% cap · market cap 14.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Findlay Hats Clothing Store

    Suggested Use

    Building Supply Auto Parts Store HVAC Service Electrical Service Shopping Center & Mall Car Rental Facility Electronics & Wireless Store Plumbing Service Mobile Phone Store Travel Agency

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

    Similar Places Nearby

    • NE 12th & Irving Self Storage — 18 ne 12th ave, portland, or 97214
    • Portable Storage Rental Pros Portland — 411-421 SW 6th Ave #120, Portland, OR 97204
    • DSN Media Center — 725 NW Flanders St, Portland, OR 97209
    • Bounce Luggage Storage — 104 SW 2nd Ave, Portland, OR 97204
    • Towne Storage Building — 17 SE 3rd Ave, Portland, OR 97214, United States

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.675
    Latitude
    45.539

    FAQs

    What type of property is this?
    Warehouse - Two contiguous industrial buildings in a prime location for sale.
    Where is this warehouse located?
    The property is located at 2267 N Interstate Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: ± 21,180 SF of available industrial space in a convenient eastside location.; Located in an Opportunity Zone & Enterprise Zone.; Benefit from **5 dock doors & 3 grade level doors.**
    (503) 519-2894 Call to check price and availability
    More about this property
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