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    34616 Columbia Ave Scappoose, OR 97056

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    For Lease
    Contact for pricing

    East Columbia Ave Industrial Building

    Lot size:
    21,736 SF

    Property Features for 34616 Columbia Ave

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,736 SF

    Building Details

    Buildings
    2

    Spaces For Lease

    at 34616 Columbia Ave, Scappoose, OR 97056 Contact us

    We can help!

    Listing Contact
    Mark Childs
    Mark Childs

    Listing Agency: Capacity Commercial Group Listing Agent: Mark Childs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional industrial property at 34616 E Columbia Ave offers a unique opportunity for manufacturing businesses. The property encompasses a total of 21,736 square feet across two buildings situated on a 2.5-acre lot. The main shop building comprises 3,200 square feet, featuring four 10' x 10' grade-level loading doors, providing convenient access for loading and unloading. An additional 11,576 square foot pole barn is available, although the owner prefers to retain it, leasing is a possibility depending on tenant needs. The property also boasts a significant advantage with one acre of paved yard space, ideal for storage, material handling, or equipment staging. Currently, 14,776 square feet of space is available for lease, presenting a substantial opportunity for a single tenant to establish a significant manufacturing operation. The property's strategic location and ample space make it an attractive option for businesses seeking efficient and well-equipped facilities. Contact us today to discuss pricing and lease terms. This is a rare opportunity to secure a well-maintained industrial property with significant space and yard area in a desirable location. The property's layout and features are well-suited for a variety of manufacturing uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Hotel & Motel Department Store Kitchen & Bath Showroom Daycare Center Travel Agency Bed & Breakfast Plumbing Service Arcade & Gaming Center Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Scappoose
    County
    Columbia
    State
    Oregon
    Longitude
    -122.857085
    Latitude
    45.748149

    Nearby Similar for Lease

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      18,536 SF

      Industrial Space with Yard

      Industrial space for rent with yard near I-30.
      34616 E Columbia Ave, Scappoose, OR 97056
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      20,250 SF

      Scappoose Industrial Space For Rent

      Industrial space available in Scappoose, Oregon.
      50602 Birch Ave, Scappoose, OR 97056
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      1,002 SF

      Retail/Office Space in Scappoose

      Located off Hwy 30, ideal for retail or office.
      51501-51509 Columbia River Hwy, Scappoose, OR 97056
      View Details
    • Contact for pricing
      2,232 SF

      Scappoose Retail Space For Lease

      Fred Meyer-anchored retail space available.
      51501 Columbia River Hwy, Scappoose, OR 97056
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - East Columbia Ave Industrial Building
    Where is this manufacturing property located?
    The property is located at 34616 Columbia Ave Scappoose, OR.
    What are key features of this property?
    This property features: 21,736 total square feet industrial building on 2.5 acres.; Single-tenant manufacturing property.; 14,776 square feet of vacant space available.
    (503) 542-4350 Call to check price and availability
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    34616 Columbia Ave Scappoose, OR 97056
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    Scappoose, OR 97056
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    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
    34616 Columbia Ave Scappoose, OR 97056
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Childs
    Mark Childs
    Real Estate License ID: 890600270
    (503) 542-4350 (503) 504-3298
    Learn more
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