Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8611 Columbia Blvd Portland, OR 97203
    Back to Search
    Property profile & analytics

    8611 Columbia Blvd, Portland, OR 97203

    View on Map
    • Warehouses
    • 22,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Matrix Pack North America / Industrial Manufacturer / Production Facility
    • Matrix Pack S.A. Oregon / Industrial Manufacturer / Production Facility
    • Pacific Paper Tube / Industrial Manufacturer / Production Facility
    • Pacific Paper Straw / Industrial Manufacturer / Production Facility
    • Team Worldwide PDX / Freight Service / Logistics Company

    Property Details for 8611 Columbia Blvd

    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional Portland, Oregon property, located at 8611 N Columbia Blvd, offers 22,800 square feet of versatile space ideal for a single tenant. The building is classified as both office and industrial, boasting a combination of executive office space and warehouse functionality. The warehouse features a substantial 26-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by one loading dock and four dock-high doors, ensuring efficient logistics. The property is served with ample three-phase power, catering to businesses with significant energy demands. Situated in Multnomah County, zip code 97203, this single-tenant occupancy building presents a unique opportunity for businesses seeking a spacious and well-equipped facility in a convenient Portland location. The entire 22,800 square feet is currently vacant and ready for immediate occupancy. This property offers a blend of modern functionality and strategic location, making it an attractive option for a variety of industrial and office-based businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.75
    Latitude
    45.6045

    Comparable in this City

    • Value Estimation
      $3,165,000
      15,500 SF

      15540 Wi N Columbia Blvd

      DISTRIBUTION WAREHOUSE
      15540 Wi N Columbia Blvd, Portland, OR 97203
      View Details
    • Value Estimation by Request
      16.05 Acres

      15540 Wi N Columbia Blvd

      DISTRIBUTION WAREHOUSE
      15540 Wi N Columbia Blvd, Portland, OR 97203
      View Details
    • Value Estimation by Request
      523,196 SF

      8929 Ramsey Blvd

      DISTRIBUTION WAREHOUSE
      8929 Ramsey Blvd, Portland, OR 97203-6804
      View Details
    • Value Estimation by Request
      2.01 Acres

      10801 Lombard St

      DISTRIBUTION WAREHOUSE
      10801 Lombard St, Portland, OR 97203-6351
      View Details
    • Value Estimation by Request
      0.86 Acres

      9609 Wi N Columbia Blvd

      WAREHOUSE, STORAGE
      9609 Wi N Columbia Blvd, Portland, OR 97203
      View Details
    • Value Estimation by Request
      0.13 Acres

      9609 Wi N Columbia Blvd

      WAREHOUSE, STORAGE
      9609 Wi N Columbia Blvd, Portland, OR 97203
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      653,836 SF

      Rivergate Industrial Land and Warehouse

      15.01-acre parcel with warehouse in Portland's Rivergate submarket.
      10001 N Rivergate Blvd, Portland, OR 97203
      View Details
    • Contact for pricing
      250,000 SF

      Industrial Warehouse Space with Cranes

      Heavy industrial space near Port of Portland with rail access.
      9040 N Burgard Way, Portland, OR 97203
      View Details
    • $449,000
      2,144 SF

      Small Warehouse/Shop For Sale

      Small warehouse/shop ideal for a small contractor.
      7132 N Fessenden St, Portland, OR 97203
      View Details
    • New
      Contact for pricing
      9,500 SF

      Standalone Industrial Building

      Standalone industrial building and sizable CM3-zoned lot for contractor operations and potential future development.
      8223 N Decatur St, Portland, OR 97203
      View Details
    • Contact for pricing
      40,233 SF

      Portland Industrial Space Near Port

      Industrial space ideal for manufacturing and distribution near Port.
      13635-13636 N Lombard St, Portland, OR 97203
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      33,937 SF

      Industrial Space with Fenced Yard

      Well-equipped industrial space featuring dock packages and fenced yard.
      6204-6210 N Marine Dr, Portland, OR 97203
      View Details
    • Contact for pricing
      34,734 SF

      Portland Warehouse with Fenced Security

      Warehouse with immediate port access, office space, and security.
      7605 N Upland Dr, Portland, OR 97203
      View Details
    • Contact for pricing
      84,000 SF

      Warehouse and Office Sublease

      84,000 Sq Ft Class A warehouse and office space.
      7824-7832 N Leadbetter Rd, Portland, OR 97203
      View Details
    • Contact for pricing
      123,120 SF

      Class A Industrial Cross-Dock Facility

      Modern industrial facility with cross-dock configuration in a corporate neighborhood.
      14621 N Bybee Lake Ct, Portland, OR 97203
      View Details
    • Contact for pricing

      Industrial Warehouse in North Portland

      228,000 SF industrial warehouse space available for sublease.
      15540 N Columbia Blvd, Portland, OR 97203
      View Details
    • Contact for pricing
      20,000 SF

      Portland Warehouse Space Available

      20,000 square feet of warehouse space for lease.
      8611-8611 N Columbia Blvd, Portland, OR 97203
      View Details
    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.
    8611 Columbia Blvd
    Portland, OR 97203
    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

    Thank You for Inquiry
    8611 Columbia Blvd, Portland, OR, 97203
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!