Industrial Yard/Warehouse Space For
3641 NW SAINT HELENS Portland, OR 97210
For Sale
$1,500,000
Contractor's yard, storage facility, and warehouse space for sale.
Property Size9,540 SF
Price / SF$157.23
Days on Market433
Property Features for 3641 NW SAINT HELENS
General Information
Standard status
Active
Size
9,540 SF
Building Details
Year Built
1961
Listing Agency:
APEX RESIDENTIAL
(503) 313-8149
Listed By:
JORDAN FEZLER · License #201225534
Source:
Corcoran
Added: May 21, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:08AM
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 APEX RESIDENTIAL
Investment Insights
Based on property information with market context.
This property features a well-located contractor's yard, storage facility, and warehouse space. The site is zoned for heavy industrial use, accommodating a variety of potential applications. Existing buildings can be repurposed, or the 1.62-acre site can be redeveloped. The property includes a building with 9540 square feet of space.
Key Highlights
- 1.62 acre site
- Heavy Industrial zoning allows many uses
- Well located
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 | $91.6k | $9.60 |
| − Vacancy | −$6.0k | −$0.63 |
| EGI | $85.5k | $8.97 |
| − OpEx | −$12.8k | −$1.34 |
| NOI | $72.7k | $7.62 |
9,540 SF · lease $9.60/SF/yr · vacancy 6.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.04M
$908.9K – $1.21M
NOI $72,709 @ 7.0% cap · market cap 4.85%
Second Best
Industrial
$855.4K
$748.5K – $998.0K
NOI $59,878 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$2.68M
$2.34M – $3.13M
NOI $187,535 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial property - Contractor's yard, storage facility, and warehouse space for sale.
Where is this industrial property located?
The property is located at 3641 NW SAINT HELENS Portland, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1.62 acre site; Heavy Industrial zoning allows many uses; Well located
