Commercial Kitchen Food
For Sale
$50,000
9320 SE Woodstock Blvd, Portland, OR 97239
CommercialSale, Portland, OR
Property Size300 SF
Price / SF$166.67
Days on Market143
Property Features for 9320 SE Woodstock Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CR
Directions
SE 93RD ST.
Subdivision
_143
Standard status
Active
APN
Not Found
Size
300 SF
Taxes and HOA fees
Tax Description
Woodstock subdivision
Tax Annual Amount
1500
Legal Description
Woodstock subdivision
Building Details
Year built
2022
Listing Agency:
Oregon First
(503) 667-5686
Listed By:
Soo Paik
(503) 559-3327
Added: Apr 15
Changed: Aug 25
Last Checked: Sep 4 at 10:06PM
MLS# 493942767
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 300-square-foot commercial kitchen is a food truck built in 2022 and described as clean and lightly aged. The unit is currently serving Latin food and may be adapted for another food concept. It is positioned within a food truck lot that provides access to an indoor dining room and restrooms.
The mobile setup is described as capable of operating from other locations in addition to its current placement. The property information identifies CR zoning and places the offering at 9320 SE Woodstock Blvd in Portland, Oregon.
The mobile setup is described as capable of operating from other locations in addition to its current placement. The property information identifies CR zoning and places the offering at 9320 SE Woodstock Blvd in Portland, Oregon.
Key Highlights
- 300‑square‑foot food truck with commercial kitchen setup
- Built in 2022 and described as clean
- Currently serving Latin food
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
$4,039
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
8.08%
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%
$80,780
$80.8K
Cap Rate 7%
$57,700
$57.7K
Cap Rate 9%
$44,878
$44.9K
Market Conditions
NOI Build-Up for 300 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
$5.8K $19.20/SF
− Vacancy
−$374 −$1.25/SF
EGI
$5.4K $17.95/SF
− OpEx
−$1.3K −$4.49/SF
NOI
$4.0K $13.46/SF
Area
Portland, OR
Vacancy
6.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
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%
$80,780
Cap Rate 7%
$57,700
Cap Rate 9%
$44,878
Alternative Uses
Best Use
Specialty Retail
$57.7K
$50.5K – $67.3K
NOI $4,039 @ 7.0% cap · market cap 8.08%
Second Best
Industrial
$26.9K
$23.5K – $31.4K
NOI $1,883 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$84.2K
$73.7K – $98.3K
NOI $5,897 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
14,287 visits/mo
0.2 miles
Demographics for 97239, OR
18,323
Population
9,963
Households
1.8
Avg Household Size
39
Median Age
74%
College-Educated
99%
High-School Grad
3.6 sq mi
ZIP Area
5,090
Density / Sq Mi
$108,795
Median Household Income
$67,384
Median Earnings
$1,749
Median Rent
$713,100
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Four-year-old mobile kitchen currently serving Latin food from a food truck lot with shared dining amenities.
Where is this commercial kitchen located?
The property is located at 9320 SE Woodstock Blvd Portland, OR.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 300‑square‑foot food truck with commercial kitchen setup; Built in 2022 and described as clean; Currently serving Latin food
