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6342 SW Macadam Ave, Portland, OR

Office building with 12,200 square feet of space.

Property Size12,200 SF
Lot Size0.26 Acres
Price / SF$299.18
Days on Market455

Property Features for 6342 SW Macadam Ave

General Information

Standard status Active
Size 12,200 SF
Lot size 0.26 Acres
Property subtype OFFICE
Listing Agency: Kidder Mathews
Listed By: Kevin Joshi · License #920600269
Source: Moodyscre
Added: May 5, 2025 Changed: Jul 6 Last Checked: Jul 21 at 8:45AM

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 Kidder Mathews

Investment Insights

Based on property information with market context.

This commercial property is an office building offering 12,200 square feet of space. Located in Portland, Oregon, the property is suitable for office use.

Key Highlights

  • 12,200 square feet of office space
  • Office building

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 $278.2k $22.80
− Vacancy −$67.6k −$5.54
EGI $210.6k $17.26
− OpEx −$52.6k −$4.31
NOI $157.9k $12.94
12,200 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.26M
$1.97M – $2.63M (±1% cap)
NOI $157,925 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M (±1% cap)
NOI $239,824 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

VanderHouwen Employment Agency

Suggested Use

Top Pick Restaurant Pharmacy Auto Parts Store Storage Facility Electrical Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,190
Businesses Nearby

Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building with 12,200 square feet of space.
Where is this office building located?
The property is located at 6342 SW Macadam Ave Portland, OR.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 12,200 square feet of office space; Office building
(503) 221-2282 Call to check price and availability
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