Property profile

12209-12249 Highway 212 Damascus, OR 97015

OFF-MARKET
Warehouses
7,500 SF
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Property summary

AI-generated overview

This exceptional 7,500 square foot industrial property, situated on a 2.87-acre lot in Clackamas County, presents a unique investment opportunity. The site boasts a strategic location with high visibility at the intersection of Highway 212 and Highway 224, ensuring excellent exposure for any business. The property comprises three buildings, offering ample space for various operational needs. Four drive-in bays provide convenient access for loading and unloading. The property features a fenced and graveled yard, ideal for outdoor storage. Utilities are readily available, including four electrical meters and four water meters, along with a significant advantage: an on-site industrial scale sewer/wastewater discharge facility. The zoning is designated as LI. The property is currently vacant and ready for immediate occupancy. The site consists of five individual tax lots, providing flexibility for future development or expansion. This is a rare opportunity to acquire a well-equipped industrial property with significant outdoor storage capacity in a prime location. The combination of building space, yard area, and convenient access makes this an ideal location for a variety of industrial uses.

Property profile

Verified
Property type Warehouses
Total area 7,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12209-12249 Highway 212 Damascus, OR 97015
Damascus metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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