12601 Highway 212, Clackamas, OR 97015
This exceptional Clackamas distribution center offers a substantial 445,628 square foot single-story building, currently featuring 288,445 square feet of immediately available space. Built in 1986, this Class B property sits on a generous 22.99 acres of land and boasts a building floor area ratio (FAR) of 0.44. The high-bay warehouse features a 30-foot ceiling height, providing ample vertical storage capacity. Efficient operations are supported by extensive loading capabilities, including 68 loading docks and 58 dock-high doors, complemented by 10 drive-in doors. Ample parking is available with 120 total parking spaces. The property is conveniently located in the Clackamas/Milwaukie submarket, with easy access via SE 125th Ct. This multi-tenant building presents a unique opportunity for businesses seeking significant warehouse space in a well-established industrial area. The substantial vacant space allows for customization to meet specific operational needs. The property's size and features make it ideal for large-scale distribution, logistics, or manufacturing operations. This is a rare opportunity to secure a significant footprint in a desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.