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    Silverton, OR 97381

    Sponsored
    For Sale
    $8,629,000

    Spacious industrial building, ideal for food processing.

    Property size:
    115,860 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 115,860 square foot industrial property, situated on a 3-acre lot in Silverton, Oregon's thriving industrial hub, presents a unique investment opportunity. Ideally located just 12 miles east of Salem and a similar distance to Interstate 5, this strategically positioned facility benefits from excellent access to major transportation routes and essential resources. The property boasts a rich history, having served as a USDA food processing plant and more recently as a plant-based jerky production facility. Constructed in 1940 with subsequent expansions in 1962, 1965, and 1980, the building is equipped with four electrical services ranging from 600 to 3,000 amps, ensuring ample power for diverse industrial operations. Significant upgrades totaling over $3 million have been completed since 2022, enhancing the property's functionality and appeal. The facility includes valuable existing cooler and freezer space, two convenient dock loading doors, and a wet fire system protecting 80% of the building's area. The property is fully fenced and provides ample parking with 160 spaces. Silverton's pro-business environment, coupled with nearby recreational amenities like the Silverton Reservoir and Oregon Garden, creates a compelling blend of work and leisure opportunities. This property is ready for immediate occupancy and presents a rare chance to acquire a well-maintained, extensively upgraded industrial facility in a highly desirable location.

    Property Features for

    General Information

    Property type
    Industrial properties
    Square Feet
    115,860 SF
    Lot Size
    130,680 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Silverton
    County
    Marion
    State
    Oregon
    Longitude
    -122.7823
    Latitude
    45.00583

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    FAQs

    What type of property is this?
    Industrial property - Spacious industrial building, ideal for food processing.
    Where is this industrial property located?
    The property is located at Silverton, OR.
    What is the asking price?
    The asking price for this property is $8,629,000.
    (503) 588-0400
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    Silverton, OR 97381
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Silverton, OR 97381
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