350 NW Hickory St, Albany, OR 97321
For Sale
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This exceptional 15,000 square foot free-standing retail building presents a unique investment opportunity. Situated on approximately 1.75 acres of land with prominent Highway 20 frontage, this property boasts high visibility and accessibility. Currently vacant, the entire space is available for lease, offering a blank canvas for a wide range of commercial ventures. The property is zoned C.C., allowing for diverse commercial uses. Its strategic location next to Samaritan hospital clinics ensures a steady stream of potential customers. An added benefit is the availability of an adjoining 1.35-acre lot, also for sale, providing potential for expansion or additional development. The C.C. zoning allows for both commercial and multi-family residential uses, opening up a range of possibilities for future development on this adjacent parcel. This property offers a rare combination of size, location, and zoning flexibility, making it an ideal choice for businesses seeking a high-impact presence in a thriving area. The substantial lot size provides ample parking and potential for outdoor amenities. Serious inquiries are encouraged to explore this exceptional retail opportunity.
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Peaceful Valley Farm & Garden Supply Garden Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Albany, ORAlbany. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.