4450 NE Buffalo St - Industrial Storage Facility 17.9 Acres of Industrial Land Offered at $23,874,779 CAD in Portland, OR 97211

The site is 17.9 acres with approximately 14.1 acres improved as a laydown/equipment yard facility with six (6) buildings totaling approximately 13,071 SF comprised of vehicle service, storage, and office areas. The yard area is graded, graveled, and fenced with electronic gate access. The 17.9-Acre site is graded, graveled, and compacted with a 900-foot-long interior roadway and fenced nine (9) distinct lots, the majority of which have been fenced to provide security for individual tenants. Main access to yard is by electronic gate. Secondary access is unused, but an access easement exists for egress onto NE Crystal Lane to the north. The property is located in the Airport Way industrial submarket, 3.2 miles east from the I-5/NE Columbia Blvd freeway interchange, 2.3 miles west from the I-205/Airport Way interchange, and 2 miles southwest of Portland International Airport. The subject property is just north of NE Columbia Blvd, a four (4) lane road with a center median which is a major arterial, providing primary east/west access to industrial users bordering the street. It is just west of NE 47th Avenue, a Neighborhood Collector Street which has just been improved with new concrete roadway including sidewalks, sanitary sewer, and stormwater collection by the City of Portland with total infrastructure costs of over $5,000,000. The property is located within the East Portland Enterprise Zone which provides real estate tax abatement for up to five (5) years for eligible improvement to properties. It is also within a State of Oregon designated Opportunity Zone.