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    1011 Oak St Portland, OR 97214-1346
    Property profile & analytics

    1011 Oak St Portland, OR 97214-1346


    • Warehouses
    • 39,556 SF
    • 0.92 lot acres
    Off-Market
    Last Sale Nov 1, 2024
    $6,200,000
    Property ID
    US71-0556315
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $6,200,000
    Show details
    Cap Rate Potential
    4.9%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Pierre's Bakery / Bakery / Specialty Food Shop

    Property Details for 1011 Oak St

    Year built
    1960
    Lot size
    0.92 lot acres
    Property size
    39,556 SF
    Zone code
    IG1
    Property type
    Warehouses
    APN
    1N1E35CD 09000
    APU
    1N1E35CD09000

    Description

    This exceptional 46,356-square-foot industrial flex building presents a rare opportunity in Portland, Oregon. Situated on a full city block in the desirable southeast area, this 1960-built property offers significant versatility. The building boasts 13-19 foot ceiling heights and ample power with 2200 amps of 120/240, 3-phase electricity. The entire 46,356 square feet is currently vacant, providing immediate occupancy for a single user or the potential for multiple tenants. The property features six grade-level loading doors strategically located on SE Oak Street, SE 10th Avenue, and SE Pine Street. Approximately 6,800 square feet of usable space is located on the second floor. The 40,000 square foot lot is zoned IG1- General Industrial 1, allowing for a wide range of uses including manufacturing, production, vehicle repair, wholesale sales, and self-storage. Retail and office uses are permitted up to 3,000 square feet, with residential use subject to conditional approval. This property's size, location, and zoning make it an ideal investment for a variety of businesses. The Multnomah County property (APN R150472) is ready for its next chapter. Located at 1011 SE Oak Street, Portland, OR 97214.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,200,000
      ML approach
      $6,200,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,025,000
      6.5%
      $4,640,000
      7%
      $4,305,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $9,040,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.655
    Latitude
    45.5204
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $66,031
    $0.00
    $0.00
    $2,491,870
    -
    $3,832,800
    $1,526,250
    $5,359,050
    More about this property
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