9620 Colfax StPortland, OR 97220

  • Warehouses
  • 12,600 SF
For Lease
$3/SF/YR View listing

Property Details for 9620 Colfax St

Year built
1982
Lot size
2.01 AC
Property size (Sq ft)
12,600 SF
Zone code
IG2H
Property type
Warehouses
APN
1N2E16D 02100
APU
1N2E16D02100

Description

This exceptional 12,780-square-foot Class B warehouse, built in 1982, presents a significant investment opportunity in Portland's Metro submarket. The property boasts a strategic location offering convenient access to major freeways, I-205 and I-84, and Portland International Airport. The building features 17-foot ceilings, five loading docks, one drive-in door, and ample parking for 60 vehicles. The electrical service is 120-208v, 325a, 3PH. The property is zoned IG and sits on a generous 2.01-acre lot, including approximately 51,000 square feet of excess yard space, ideal for storage or laydown. Currently, the entire 12,780 square feet is vacant, providing immediate occupancy for a wide range of uses, including warehousing, distribution, and contractor operations. The property's multiple-tenant capability and expansive yard space make it a highly versatile and attractive option for businesses seeking a well-located and functional industrial space in the thriving Portland market. The property's APN is R227529. The address is 9620 NE Colfax St, Portland, OR 97220. No elevators are present.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,961,189
    Hospitality
    $3,628,428
    Educational
    $3,018,809
    Medical
    $3,122,631
    Retail
    $4,695,926
9620 Colfax St, Portland, Oregon
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Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5669
Longitude
-122.563
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
$28,870
-
-
$1,196,580
-
$1,167,770
$2,018,310
$3,186,080

FAQs

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