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    Portland Industrial Property with Rail Access Title is generated by Realmo AI

    2425 SE Moores St, Portland, OR

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    64,570 SF industrial building with rail access in Portland.

    Type:INDUSTRIAL
    Property size:
    64,570 SF
    Lot size:
    1.75 Acres
    Price / SF:
    $152/SF
    Added:
    Jun 13, 2025
    Days on Market:
    370
    Last Refresh:
    May 20 at 8:52 pm

    Property Features for 2425 SE Moores St

    General Information

    Standard status
    Active
    Size
    64,570 SF
    Lot size
    1.75 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Greg Nesting
    Greg Nesting

    Listing agent Greg Nesting

    Listing office Norris & Stevens, Inc. - Corporate

    Listing date Jun 13, 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 Norris & Stevens, Inc. - Corporate

    HighLights

    • ± 5.11 AC (222,592 SF) Site Size
    • Union Pacific spur on eastside of site with room for 6 cars
    • Heavy 3 phase power
    • Features 4 grade loading doors
    • 16 to 20 feet Clear Height
    • MUTSA (Tacoma Station Area Mixed Use Zone)

    Overview

    This industrial property in Portland features a 64,570 square foot building on a 5.11-acre site. Constructed with a combination of steel frame, insulated metal skin, and concrete block on a slab foundation, the building includes 1,357 square feet of office space. Built between the 1960s and 1980s, the property has a steel frame roof with insulated metal skin. It offers clear heights ranging from 16 to 20 feet and is equipped with wet and dry sprinkler systems for fire suppression. Loading is facilitated by 4 grade-level doors. The site has a Union Pacific rail spur on the east side, accommodating up to 6 cars. There are 10 parking stalls in front of the office area, excluding the yard. The property is zoned MUTSA (Tacoma Station Area Mixed Use Zone). Heavy 3-phase power is available. Utilities include power from Portland General Electric, gas from Northwest Natural Gas, and domestic water/sewer. Data services are provided by Ziply Fiber and Xfinity. The site coverage is 29%.

    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 $619.9k $9.60
    − Vacancy −$40.9k −$0.63
    EGI $579.0k $8.97
    − OpEx −$86.8k −$1.34
    NOI $492.1k $7.62
    64,570 SF · lease $9.60/SF/yr · vacancy 6.60% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $7.03M
    $6.15M – $8.20M (±1% cap)
    NOI $492,116 @ 7.0% cap · market cap 5.00%
    Second Best
    Industrial
    $5.79M
    $5.07M – $6.75M (±1% cap)
    NOI $405,272 @ 7.0% cap · market cap 4.11%
    Theoretical Best
    Office A
    $18.13M
    $15.87M – $21.15M (±1% cap)
    NOI $1,269,299 @ 7.0% cap · market cap 12.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Anderson Pots Big Box & Wholesale Store

    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

    • Americold Logistics — 9501 SE McLoughlin Blvd, Milwaukie, OR 97222
    • Self — 8728 se 17th ave, portland, or 97202

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.637
    Latitude
    45.4602

    FAQs

    What type of property is this?
    Warehouse - 64,570 SF industrial building with rail access in Portland.
    Where is this warehouse located?
    The property is located at 2425 SE Moores St Portland, OR.
    What is the asking price?
    The asking price for this property is $9,850,000.
    What are key features of this property?
    This property features: ± 5.11 AC (222,592 SF) Site Size; Union Pacific spur on eastside of site with room for 6 cars; Heavy 3 phase power
    (503) 225-8440 Call to check price and availability
    More about this property
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