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

    Fairview, OR 97024 Fairview, OR 97024

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

    Laydown yard with Columbia River access and I-84 proximity.

    Type:Industrial
    Added:
    Nov 25, 2025
    Days on Market:
    131
    Last Refresh:
    Apr 1 at 10:08 pm

    Property Features

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Tyler Dean
    Tyler Dean

    Listing agent Tyler Dean License #OR #200705002

    Listing office Macadam Forbes

    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 Macadam Forbes

    Overview

    Fenced Yard with River Access

    This property offers a unique opportunity with 2 to 8 acres of fully fenced laydown yard. A potential feature is access to the Columbia River via an approximately 840-foot dock. Located along the Columbia River at NE 223rd & Marine Drive, the site combines yard storage, river access, and close proximity to I-84. Power and water are available at this fully fenced and gated site, making it suitable for various industrial and distribution purposes.
    Location Intelligence

    Current Use by Public Records

    Truck terminals

    Map

    City
    Fairview
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.435
    Latitude
    45.5383

    Nearby Similar for Lease

    • $22/mo

      Downtown Fairview Retail Space Available

      Ground floor retail spaces in downtown Fairview, ranging from 1,283-1,530 SF.
      1650 Northeast Market Drive, Fairview, OR 97024
      View Details
    • Contact for pricing

      Fairview Flex Space Available

      Flex space available in Fairview, located in the East Columbia Corridor.
      1415 NE 223rd Avenue, Fairview, OR 97024
      View Details
    • $16/mo

      Retail Space in Fairview, Oregon

      Retail space available for lease in Fairview, Oregon.
      20101 NE Sandy Blvd, Fairview, OR
      View Details
    • $22/mo

      Retail Space in Fairview, Oregon

      Retail space available within a mixed-use apartment community.
      1650 NE Village St, Fairview, OR
      View Details
    • $16/mo

      Retail/Office Space Prime Location

      Retail or office space on busy corner with high visibility.
      1711 Ne 223rd Ave, Fairview, OR, 97024-2621
      View Details
    • $16/mo

      Retail/Office Space on Busy Corner

      Retail or office space with high visibility and direct bus access.
      1701 Ne 223rd Ave, Fairview, OR, 97024-2621
      View Details
    • Contact for pricing

      Retail Space Near Sandy Boulevard

      Retail space available at corner of Sandy Boulevard and 201st.
      20101 NE Sandy Blvd, Fairview, OR 97024
      View Details

    FAQs

    What type of property is this?
    Truck terminal - Laydown yard with Columbia River access and I-84 proximity.
    Where is this truck terminal located?
    The property is located at Fairview, OR.
    What are key features of this property?
    This property features: Located along the Columbia River with Columbia River access via +\/- 840' dock; 2‑8 acres of fully fenced laydown yard; Close proximity to I‑84
    (503) 972-7278
    We can help!
    Listing Contact
    Tyler Dean
    Tyler Dean
    Real Estate License ID: OR #200705002
    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!