Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9151 SE McBrod Avenue Milwaukie, OR 97222

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial space with heavy power, loading docks, and yard.

    Type:Industrial
    Added:
    Nov 25, 2025
    Days on Market:
    128
    Last Refresh:
    Mar 29 at 10:12 pm

    Property Features for 9151 SE McBrod Avenue

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Rod Brokenshire

    Listing agent Rod Brokenshire License #OR #860500161

    Listing office

    Listing date Nov 25, 2025

    Source Macadamforbes

    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 Rod Brokenshire

    Overview

    Updated Industrial Space in Milwaukie

    This recently updated industrial space is located in Clackamas County, specifically in the North Milwaukie Industrial Area. The property benefits from its proximity to Highway 99E and Highway 224, providing convenient access to Portland, I-5, and I-205. The building features a clear height of 20 to 22 feet and is fully sprinklered. It is equipped with heavy 230/480 volt, 3-phase power. Loading is facilitated by six dock doors and oversized grade-level loading. The property includes yard storage on site and 15 surface parking spaces, not including the yard. The zoning is North Milwaukie Employment Zone (NMEZ), which allows for primary uses such as manufacturing and production, construction (contractors and related businesses), wholesale trade, warehousing, distribution, repair and service, trade schools and training facilities, creative space and studios, and office (corporate HQ).
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Self Storage — 2245 se campbell st, milwaukie, or 97222
    • Americold Logistics — 9501 SE McLoughlin Blvd, Milwaukie, OR 97222
    • Self — 8728 se 17th ave, portland, or 97202

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukie
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.644
    Latitude
    45.4568

    Nearby Similar for Lease

    • $0.91/mo

      Clean Industrial Building with Dock

      Clean industrial building with good power, covered dock, and office.
      9255 SE McBrod Avenue, Milwaukie, OR 97222
      View Details
    • Contact for pricing

      Milwaukie Office with Extra Parking

      Standalone office building with parking and storage, available August 2025.
      11220 SE Fuller Road, Milwaukie, OR 97222
      View Details
    • $20/mo

      Remodeled Office Spaces For Rent

      Newly remodeled office spaces with common area and abundant parking.
      9301 SE Stanley Avenue, Milwaukie, OR 97222
      View Details
    • Contact for pricing

      McLoughlin Blvd Industrial Space

      Industrial space with frontage on McLoughlin Blvd / Hwy 99E.
      14200 SE McLoughlin Blvd, Milwaukie, OR 97267
      View Details
    • $22/mo

      Milwaukie Industrial/Office Space Available

      Industrial and office spaces in Clackamas Enterprise Zone, Milwaukie.
      12300 SE Mallard Way, Milwaukie, OR 97222
      View Details
    • Contact for pricing

      Move-In Ready Office Space

      Modern office space with river views in Milwaukie, Oregon.
      1935 Southeast Jefferson Street, Milwaukie, OR 97222
      View Details
    • $0.85/mo

      Milwaukie Retail Space for Lease

      Retail space with excellent access to major routes and amenities.
      5300 Southeast Johnson Creek Boulevard, Milwaukie, OR 97222
      View Details
    • $0.85/mo

      Freestanding Industrial Building Available Now

      Industrial space with dock and grade doors, convenient location.
      5497 SE International Way, Milwaukie, OR 97222
      View Details
    • Contact for pricing

      Warehouse and Office Space Available

      Warehouse and office space for sublease near Highway 224.
      4211 SE International Way, Milwaukie, OR 97222
      View Details
    • $32/mo

      Milwaukie Office Space For Rent

      2,420 SF office space available late 2025.
      6564 SE Lake Rd, Milwaukie, OR
      View Details
    • Contact for pricing

      SE Portland Warehouse For Rent

      Warehouse space in SE Portland with dock and grade loading.
      3783 SE Naef Road, Milwaukie, OR 97267
      View Details
    • Contact for pricing

      Retail Space in Milwaukie Center

      Retail space in a strong Milwaukie power center.
      11030 SE Oak St, Milwaukie, OR
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial space with heavy power, loading docks, and yard.
    Where is this warehouse located?
    The property is located at 9151 SE McBrod Avenue Milwaukie, OR.
    What are key features of this property?
    This property features: Excellent Location: Close to Highway 99E & Highway 224 with easy access to Portland, I‑5, and I‑205.; Heavy Power: Benefit from 230/480 volt, 3‑phase power.; Dock and Grade Level Loading: Features both dock and oversized grade level loading.
    (503) 972-7281
    We can help!
    Listing Contact
    Rod Brokenshire
    Real Estate License ID: OR #860500161
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!