Heavy Power
For Sale
Contact for pricing
5293 NE Elam Young Pkwy, Hillsboro, OR 97124
Warehouse with heavy power and grade level loading, ready for occupancy.
Property Size1,606 SF
Price / SF$326.90
Days on Market26
Property Features for 5293 NE Elam Young Pkwy
General Information
Standard status
Active
Size
1,606 SF
Property subtype
INDUSTRIAL
Additional Details
Heavy Power
Yes
Listing Agency:
Macadam Forbes
(503) 972-7277
Listed By:
Clayton Madey · License #201727196
Source:
Moodyscre
Added: Jul 17
Changed: Aug 10
Last Checked: Aug 11 at 5:51AM
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.
This warehouse offers heavy power service and grade level loading, designed for practical day-to-day logistics. The property is ready for occupancy, supporting an efficient move-in for qualified users.
The asset is located at 5293 NE Elam Young Pkwy, Hillsboro, OR 97124.
The asset is located at 5293 NE Elam Young Pkwy, Hillsboro, OR 97124.
Key Highlights
- Heavy power
- Grade level loading
- Ready for occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,124
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$402,480
$402.5K
Cap Rate 7%
$287,486
$287.5K
Cap Rate 9%
$223,600
$223.6K
Market Conditions
NOI Build-Up for 1,606 SF
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.
Gross rent
$25.1K $15.60/SF
− Vacancy
−$1.4K −$0.86/SF
EGI
$23.7K $14.74/SF
− OpEx
−$3.6K −$2.21/SF
NOI
$20.1K $12.53/SF
Area
Hillsboro, OR
Vacancy
5.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$402,480
Cap Rate 7%
$287,486
Cap Rate 9%
$223,600
Alternative Uses
Best Use
Warehouse
$287.5K
$251.6K – $335.4K
NOI $20,124 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$431.3K
$377.4K – $503.2K
NOI $30,189 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97124, OR
53,487
Population
22,176
Households
2.4
Avg Household Size
35
Median Age
47%
College-Educated
93%
High-School Grad
45.1 sq mi
ZIP Area
1,186
Density / Sq Mi
$107,063
Median Household Income
$54,463
Median Earnings
$1,918
Median Rent
$518,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hoffman / PCI yard 2021 — hillsboro, or 97124
- Secure Storage — 4800 NE Cornell Rd, Hillsboro, OR 97124
- Suddath Moving & Storage — 1600 NE 48th Ave, Hillsboro, OR 97124
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with heavy power and grade level loading, ready for occupancy.
Where is this warehouse located?
The property is located at 5293 NE Elam Young Pkwy Hillsboro, OR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Heavy power; Grade level loading; Ready for occupancy
