Auto Body Shop and
7606 Ne M L King Blvd Portland, OR 97211
For Sale
$4,999,000
For sale auto body shop site with two warehouse buildings, office space, and 12 roll-up doors across seven tax lots.
Property Size32,000 SF
Lot Size1.58 Acres
Price / SF$156.22
Days on Market415
Property Features for 7606 Ne M L King Blvd
General Information
- Standard status
- Active
- Size
- 32,000 SF
- Lot size
- 1.58 Acres
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 313-8262
Listed By:
Bradley King · License #201235429
(503) 313-8262
Source:
Exprealty
Added: Jun 4, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:21PM
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 Keller Williams Realty Portland Premiere
Investment Insights
Based on property information with market context.
This for-sale owner-user opportunity is positioned as an auto body shop with two warehouse buildings on a consolidated site. The offering includes seven tax lots totaling 1.58 acres and provides a warehouse building with office space plus an additional warehouse building. Site improvements include 3-phase power, gas fuel service, and a total of 12 roll-up doors to support vehicle-related operations.
The property is located at 7606 NE Martin Luther King Jr Blvd in Portland, Oregon, off a busy commercial corridor.
According to the remarks, the footprint may also be of interest to investors or for redevelopment, supported by the substantial warehouse scale and shared site utilities.
The property is located at 7606 NE Martin Luther King Jr Blvd in Portland, Oregon, off a busy commercial corridor.
According to the remarks, the footprint may also be of interest to investors or for redevelopment, supported by the substantial warehouse scale and shared site utilities.
Key Highlights
- Auto body shop site in Portland off Martin Luther King Jr Blvd, with two warehouse buildings and office space
- 1.58 acres across seven tax lots
- Warehouse building totals: 22,000 SF with office space plus 10,000 SF warehouse
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 | $729.6k | $22.80 |
| − Vacancy | −$177.3k | −$5.54 |
| EGI | $552.3k | $17.26 |
| − OpEx | −$138.1k | −$4.31 |
| NOI | $414.2k | $12.94 |
32,000 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.92M
$5.18M – $6.90M
NOI $414,230 @ 7.0% cap · market cap 8.29%
Second Best
Retail
$5.33M
$4.66M – $6.22M
NOI $372,960 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$8.99M
$7.86M – $10.48M
NOI $629,047 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- AG Ward's Auto Body — 810 N Rosa Parks Way, Portland, OR 97217
- Clockn Auto & Truck Repair — 6640 NE Martin Luther King Jr Blvd, Portland, OR 97211
- Double J Tire Center — 6841 NE Martin Luther King Jr Blvd, Portland, OR 97211
- WestSide Auto Body & Paint — 6842 NE Martin Luther King Jr Blvd, Portland, OR 97211
- VIP Collision Center — 6444 NE Martin Luther King Jr Blvd, Portland, OR 97211
FAQs
What type of property is this?
Auto shop - For sale auto body shop site with two warehouse buildings, office space, and 12 roll-up doors across seven tax lots.
Where is this auto shop located?
The property is located at 7606 Ne M L King Blvd Portland, OR.
What is the asking price?
The asking price for this property is $4,999,000.
What are key features of this property?
This property features: Auto body shop site in Portland off Martin Luther King Jr Blvd, with two warehouse buildings and office space; 1.58 acres across seven tax lots; Warehouse building totals: 22,000 SF with office space plus 10,000 SF warehouse
