Five-Unit Mixed-Use
For Sale
Contact for pricing
8775 SW Canyon Ln, Portland, OR 97225
CS zoning supports multifamily, retail, and office uses in one compact property.
Property Size2,466 SF
Price / SF$253.45
Days on Market192
Property Features for 8775 SW Canyon Ln
General Information
Standard status
Active
Size
2,466 SF
Class
B
Property subtype
Mixed Use, Multifamily, Office, Retail
Zoning
CS
Occupancy
60%
Additional Details
Asking Price
$625,000
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Capacity Commercial Group
(503) 222-2655
Listed By:
Nicholas Diamond · License #OR 200403266
Source:
Crexi
Added: Feb 19
Changed: Aug 30
Last Checked: Aug 30 at 1:04AM
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.
This five-unit mixed-use property contains approximately 2,466 SF across a combination of multifamily, retail, and office uses. The asset is currently 60% leased, providing an existing occupancy component for an owner or investor evaluating the property.
The property is located at 8775 SW Canyon Ln in Portland, Oregon, within Washington County. CS zoning, identified as Community Service, supports the stated multifamily, retail, and office use categories. The unit count and range of commercial and residential functions create a single property with multiple occupancy formats.
The property is located at 8775 SW Canyon Ln in Portland, Oregon, within Washington County. CS zoning, identified as Community Service, supports the stated multifamily, retail, and office use categories. The unit count and range of commercial and residential functions create a single property with multiple occupancy formats.
Key Highlights
- Five‑unit mixed‑use property totaling approximately 2,466 SF
- 60% leased
- CS zoning — Community Service
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
$33,291
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
5.33%
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%
$665,820
$665.8K
Cap Rate 7%
$475,586
$475.6K
Cap Rate 9%
$369,900
$369.9K
Market Conditions
NOI Build-Up for 2,466 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
$59.2K $24.00/SF
− Vacancy
−$5.9K −$2.40/SF
EGI
$53.3K $21.60/SF
− OpEx
−$20.0K −$8.10/SF
NOI
$33.3K $13.50/SF
Area
Portland, OR
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
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%
$665,820
Cap Rate 7%
$475,586
Cap Rate 9%
$369,900
Alternative Uses
Best Use
Mixed Use
$475.6K
$416.1K – $554.9K
NOI $33,291 @ 7.0% cap · market cap 5.33%
Second Best
Office B
$456.0K
$399.0K – $532.0K
NOI $31,922 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$692.5K
$606.0K – $807.9K
NOI $48,476 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Explore this area
Business Placement
Demographics for 97225, OR
26,247
Population
12,219
Households
2.1
Avg Household Size
41
Median Age
62%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
3,917
Density / Sq Mi
$111,341
Median Household Income
$60,933
Median Earnings
$1,703
Median Rent
$709,500
Median Home Value
Market
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - CS zoning supports multifamily, retail, and office uses in one compact property.
Where is this mixed-use property located?
The property is located at 8775 SW Canyon Ln Portland, OR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Five‑unit mixed‑use property totaling approximately 2,466 SF; 60% leased; CS zoning — Community Service
