20437 Sandy Blvd Fairview, OR 97024-9774
- Warehouses
- 11,520 SF
- 1.20 lot acres
Sep 05, 2024
Current Use by Public Records
- Warehouses
Property Details for 20437 Sandy Blvd
- Year built
- 1999
- Lot size
- 1.20 lot acres
- Property size
- 11,520 SF
- Zone code
- LI
- Property type
- Warehouses
- APN
- 1N3E28BB 00503
- APU
- 1N3E28BB00503
Description
This exceptional 11,520-square-foot industrial property, located at 20437 NE Sandy Blvd, Fairview, OR 97024, presents a compelling investment opportunity. Situated on a 1.2-acre lot in Multnomah County, this light industrial building, constructed in 1999, boasts a versatile layout ideal for manufacturing and warehousing operations. The building features a spacious 11,520 square feet of net rentable area, including a 2,300-square-foot office space and a 2,100-square-foot mezzanine above the office. High ceilings ranging from 14 to 22 feet provide ample vertical space, complemented by two 12' x 12' grade-level loading docks. The property benefits from robust power infrastructure, including approximately 480v, 3-phase, 800-amp service. Built with a web steel frame, metal siding, and a standing seam metal roof, the structure is durable and well-maintained. Climate control is ensured with two 20-ton gas packs, heating and cooling the manufacturing area. The building also includes R-21 wall insulation and R-38 ceiling insulation. Safety features include a monitored fire and burglar alarm system with duct smoke detectors integrated with the HVAC system. The property's 125 lbs/sf live load capacity further enhances its functionality. Annual property taxes are $7,096. This property is available in Q1 2023 and is offered at an asking price of $2,450,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairview
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.453
- Latitude
- 45.5454
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA