Freestanding Office
9255 NE Halsey St Portland, OR 97220
For Sale
Contact for pricing
Freestanding office building with flexible floor plan, large patio, private yard, and abundant natural light.
Property Size3,550 SF
Lot Size0.55 Acres
Price / SF$196.90
Days on Market130
Property Features for 9255 NE Halsey St
General Information
- Standard status
- Active
- Size
- 3,550 SF
- Lot size
- 0.55 Acres
- Property subtype
- Office
Listing Agency:
Colliers - Portland, Oregon
(503) 888-5078
Listed By:
Mike Holzgang · License #790800267
Source:
Crexi
Added: Mar 16
Changed: Jul 23
Last Checked: Jul 23 at 10:39AM
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 Colliers - Portland, Oregon
Investment Insights
Based on property information with market context.
A conveniently located freestanding 3,550 SF office building on a 0.55-acre lot offering a flexible floor plan. The property includes a large patio and a private yard, along with lots of natural light throughout.
The site features abundant off-street parking and convenient access to I-84, I-205, and TriMet bus/MAX lines.
This offering presents a straightforward, standalone office option with outdoor space and parking to support day-to-day operations.
The site features abundant off-street parking and convenient access to I-84, I-205, and TriMet bus/MAX lines.
This offering presents a straightforward, standalone office option with outdoor space and parking to support day-to-day operations.
Key Highlights
- 3,550 SF free‑standing office building
- 0.55‑acre lot with a large patio and private yard
- Flexible floor plan
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 | $80.9k | $22.80 |
| − Vacancy | −$19.7k | −$5.54 |
| EGI | $61.3k | $17.26 |
| − OpEx | −$15.3k | −$4.31 |
| NOI | $46.0k | $12.94 |
3,550 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$656.5K
$574.4K – $765.9K
NOI $45,954 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$996.9K
$872.3K – $1.16M
NOI $69,785 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self-Directed Services: A New ...
Charitable Organization
Brynne L. Dolan, ...
Foster Care Service
Ruta Gincas
Physician
Reality Unlimited Abstinence
Child Welfare Organization
FAQs
What type of property is this?
Office building - Freestanding office building with flexible floor plan, large patio, private yard, and abundant natural light.
Where is this office building located?
The property is located at 9255 NE Halsey St Portland, OR.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,550 SF free‑standing office building; 0.55‑acre lot with a large patio and private yard; Flexible floor plan
