Industrial Building with Paved
For Sale
Contact for pricing
8111 NE Columbia Blvd, Portland, OR 97220
Industrial property with a fenced, paved yard and visibility along NE Columbia Boulevard.
Property Size15,778 SF
Price / SF$193.66
Days on Market55
Property Features for 8111 NE Columbia Blvd
General Information
Standard status
Active
Size
15,778 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Cully Association of Neighbors
Fenced Yard
Yes
Listing Agency:
Macadam Forbes
(503) 227-2500
Listed By:
Joe Curran · License ##200812036
(503) 616-0992
Source:
Moodyscre
Added: Sep 8
Changed: Oct 26
Last Checked: Nov 1 at 8:06AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 15,778-square-foot industrial building includes a fenced, paved yard and visibility along NE Columbia Boulevard. The property is located at 8111 NE Columbia Blvd in Portland, Oregon 97220.
Key Highlights
- 15,778‑square‑foot industrial building
- Fenced and paved yard
- Visibility along NE Columbia Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,030
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,980,600
$2.0M
Cap Rate 7%
$1,414,714
$1.4M
Cap Rate 9%
$1,100,333
$1.1M
Market Conditions
NOI Build-Up for 15,778 SF
Gross rent
$151.5K $9.60/SF
− Vacancy
−$10.0K −$0.63/SF
EGI
$141.5K $8.97/SF
− OpEx
−$42.4K −$2.69/SF
NOI
$99.0K $6.28/SF
Area
Portland, OR
Vacancy
6.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,980,600
Cap Rate 7%
$1,414,714
Cap Rate 9%
$1,100,333
Alternative Uses
Best Use
Industrial
$1.41M
$1.24M – $1.65M
NOI $99,030 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.43M
$3.88M – $5.17M
NOI $310,160 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 97220, OR
29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Portland, OR
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property with a fenced, paved yard and visibility along NE Columbia Boulevard.
Where is this industrial property located?
The property is located at 8111 NE Columbia Blvd Portland, OR.
What is the asking price?
The asking price for this property is $3,055,600.
What are key features of this property?
This property features: 15,778‑square‑foot industrial building; Fenced and paved yard; Visibility along NE Columbia Boulevard
