Industrial Yard/Warehouse Space For
For Sale
$1,500,000
3641 NW SAINT HELENS, Portland, OR 97210
Contractor's yard, storage facility, and warehouse space for sale.
Property Size9,540 SF
Price / SF$157.23
Days on Market527
Property Features for 3641 NW SAINT HELENS
General Information
Standard status
Active
Size
9,540 SF
Site & Location
Neighborhood
Forest Park
Taxes and HOA fees
Annual Taxes
$18,921
Building Details
Year Built
1961
Listing Agency:
APEX RESIDENTIAL
Listed By:
JORDAN FEZLER · License #201225534
(503) 313-8149
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$72,709
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,454,180
$1.5M
Cap Rate 7%
$1,038,700
$1.0M
Cap Rate 9%
$807,878
$807.9K
Market Conditions
NOI Build-Up for 9,540 SF
Gross rent
$91.6K $9.60/SF
− Vacancy
−$6.0K −$0.63/SF
EGI
$85.5K $8.97/SF
− OpEx
−$12.8K −$1.34/SF
NOI
$72.7K $7.62/SF
Area
Portland, OR
Vacancy
6.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,454,180
Cap Rate 7%
$1,038,700
Cap Rate 9%
$807,878
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
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Business Placement
Demographics for 97210, OR
13,016
Population
7,910
Households
1.6
Avg Household Size
38
Median Age
76%
College-Educated
97%
High-School Grad
8.9 sq mi
ZIP Area
1,462
Density / Sq Mi
$87,942
Median Household Income
$66,429
Median Earnings
$1,577
Median Rent
$991,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Portland, OR
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
