Property profile

1105 SE Woodward St Portland, OR 97202

FOR SALE
Warehouses
Property ID
US71-0169993
9,877 SF 0.23 ac lot Built 1941
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 17,343-square-foot warehouse at 1105 SE Woodward St, Portland, OR 97202 presents a rare opportunity. Built in 1941 and situated on three separate tax lots, this property offers significant flexibility. The warehouse boasts 12-20 foot ceiling heights, four dock-high doors, and multiple office pods, providing ample space for various operational needs. Natural light floods the interior thanks to skylights and windows. The property includes three covered, off-street parking spaces. Convenient access is provided by entrances on both Woodward Street and Milwaukie Avenue. Significant improvements have been made, including seismic and structural upgrades. The property is ready for immediate occupancy as is, or it can be easily adapted to accommodate multiple tenants. This versatile industrial space is perfectly positioned for a variety of uses and represents a compelling investment opportunity in a desirable Portland location. Contact for pricing.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1941
Total area 9,877 SF
Lot 0.23 ac (10,080 SF)
Zoning code IG1
APN 1S1E11BA 11200
UPID US71-0169993

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • General Contractor

Location

1105 SE Woodward St Portland, OR 97202
Portland metro Census 1000 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$1.98M

Owner & transaction history

since 2004
1 recorded transaction
2004
$180,000

Zoning & alternative use

IG1 · Portland, OR
Zoning description

The General Industrial zones are two of the three zones that implement the Industrial Sanctuary map designation of the Comprehensive Plan. The zones provide areas where most industrial uses may locate, while other uses a…

General category INDUSTRIAL
Top alternative use upside
Retail stores $3.3M +55.6%
Auto repair, garage $3.0M +42.4%
Medical building $3.0M +40.8%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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