Freestanding Manufacturing
5440 NE Columbia Blvd Portland, OR 97218
New
For Sale
$3,000,000
Freestanding industrial building with office/showroom space, 28' clear height, and multiple grade-level and dock-high doors.
Property Size18,737 SF
Lot Size1.70 Acres
Price / SF$160.11
Days on Market2
Property Features for 5440 NE Columbia Blvd
General Information
- Standard status
- Active
- Size
- 18,737 SF
- Lot size
- 1.70 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1965
Listing Agency:
Capacity Commercial Group
(503) 781-4008
Listed By:
Don Ossey, SIOR · License #201233429
(503) 781-4008
Source:
Corfac
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 4:46AM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
Freestanding ±18,737 SF industrial/manufacturing building on a ±1.70-acre secure, fenced lot. The functional layout includes ±3,600 SF of office/showroom space and ±15,137 SF of warehouse/manufacturing space. The warehouse area offers ±28' clear height throughout, supported by a heavy power supply described as 3-phase 440V, suitable for industrial or manufacturing equipment.
Loading is supported by four grade-level doors and one dock-high door. The property also includes ample fenced yard space for outdoor storage, trailer parking, or fleet operations. Zoned GM (General Manufacturing), it supports a broad range of industrial uses.
The property is described as having excellent access and visibility along NE Columbia Blvd and proximity to I-5, I-205, and PDX, with availability for immediate occupancy.
Loading is supported by four grade-level doors and one dock-high door. The property also includes ample fenced yard space for outdoor storage, trailer parking, or fleet operations. Zoned GM (General Manufacturing), it supports a broad range of industrial uses.
The property is described as having excellent access and visibility along NE Columbia Blvd and proximity to I-5, I-205, and PDX, with availability for immediate occupancy.
Key Highlights
- Freestanding ±18,737 SF industrial/manufacturing building on a 1.70‑acre secure fenced lot
- Includes ±3,600 SF office/showroom and ±15,137 SF warehouse/manufacturing space with functional layout
- Warehouse offers 28' clear height throughout
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 | $427.2k | $22.80 |
| − Vacancy | −$103.8k | −$5.54 |
| EGI | $323.4k | $17.26 |
| − OpEx | −$80.8k | −$4.31 |
| NOI | $242.5k | $12.94 |
18,737 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.46M
$3.03M – $4.04M
NOI $242,545 @ 7.0% cap · market cap 8.08%
Second Best
Flex RnD
$2.72M
$2.38M – $3.17M
NOI $190,285 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$5.26M
$4.60M – $6.14M
NOI $368,327 @ 7.0% cap · market cap 12.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Reliable Automatic Sprinkler ...
Production Facility
Trail Equipment Co
Construction Company
Similar Off Market Nearby
- Finer Things Events and Catering — 5124 NE 42nd Ave, Portland, OR 97218
FAQs
What type of property is this?
Flex space - Freestanding industrial building with office/showroom space, 28' clear height, and multiple grade-level and dock-high doors.
Where is this flex space located?
The property is located at 5440 NE Columbia Blvd Portland, OR.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Freestanding ±18,737 SF industrial/manufacturing building on a 1.70‑acre secure fenced lot; Includes ±3,600 SF office/showroom and ±15,137 SF warehouse/manufacturing space with functional layout; Warehouse offers 28' clear height throughout
