Central Eastside Industrial Office
2410 SE 10th Ave Portland, OR
For Sale
Contact for pricing
4,528 SF industrial office building on 20,000 SF land.
Property Size4,528 SF
Lot Size0.23 Acres
Price / SF$440.59
Days on Market334
Property Features for 2410 SE 10th Ave
General Information
- Standard status
- Active
- Size
- 4,528 SF
- Lot size
- 0.23 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Macadam Forbes
(503) 972-7281
Listed By:
Rod Brokenshire · License ##860500161
Source:
Moodyscre
Added: Aug 26, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:08AM
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.
Located in the Central Eastside, this property features a 4,528 square foot industrial office building situated on a 20,000 square foot lot. Constructed in 1982, the building features concrete-tilt construction. The property is zoned General Industrial (IG1). The location provides convenient access to transportation, with proximity to TriMet’s FX-2 Division high-speed bus line and the Clinton St/SE 12th Ave MAX Orange Line Station.
Key Highlights
- Prime Central Eastside location
- 4,528 SF industrial office building on 20,000 SF land
- General Industrial, IG1 zoning
Financial Insights For Office B
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 | $103.2k | $22.80 |
| − Vacancy | −$25.1k | −$5.54 |
| EGI | $78.2k | $17.26 |
| − OpEx | −$19.5k | −$4.31 |
| NOI | $58.6k | $12.94 |
4,528 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$837.3K
$732.7K – $976.9K
NOI $58,614 @ 7.0% cap · market cap 2.94%
Second Best
Flex RnD
$656.9K
$574.8K – $766.4K
NOI $45,985 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,010 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Radical Abundance Thrift ...
Discount Store
Hasina Cohen
Alternative Medicine Practice
Be Well Holistic ...
Physician
Wheels Darling
Alternative Medicine Practice
The NW Collective
Advertising Agency
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FAQs
What type of property is this?
Flex space - 4,528 SF industrial office building on 20,000 SF land.
Where is this flex space located?
The property is located at 2410 SE 10th Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Prime Central Eastside location; 4,528 SF industrial office building on 20,000 SF land; General Industrial, IG1 zoning
