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    31970 Cinema Way, Unit Units 2 & 3 Tangent, OR 97389

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    For Lease
    $6,500 /Mo ($3 SF/Yr)

    New industrial spaces with showroom, office, and warehouse options.

    Property size:
    25,000 SF
    Lot size:
    25,000 SF

    Property Features for 31970 Cinema Way

    General Information

    Size
    25,000 SF

    Building Details

    Year built
    2022

    Source: Curt Arthur, SIOR Agent Curt Arthur, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Industrial Spaces Near I-5

    Constructed in 2022, Riverland Industrial Park is located less than 1 mile north of Highway 34 and 4 miles from Interstate 5. Space 2 offers 10,000 square feet featuring a showroom, multiple offices, a break area, and shop space equipped with two grade doors and a restroom. Space 3 provides 7,500 square feet of shell space, with the landlord open to build-out options. This space includes one grade door and adequate power. The location is just off Highway 34, approximately 3 minutes west of Interstate 5, situated between Albany and Corvallis, Oregon. Tangent, known as the "grass seed capital of the world", is primarily an agricultural community. Space 2 is available for lease at $0.90 per square foot NNN and includes showroom/office/warehouse space with two grade doors. Space 3, a shell space with power and lights, is offered at $0.75 per square foot NNN, with build-out options available and one grade door.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oregon UTV Parts Motorsports Store

    Suggested Use

    Garden Center Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tangent
    County
    Linn
    State
    Oregon
    Longitude
    -123.09
    Latitude
    44.5312

    Nearby Similar for Lease

    • $1.40 SF/Yr
      3,300 SF

      Tangent Industrial Park Location

      Premier industrial park location near Interstate 5.
      32160 Old Highway 34, Tangent, OR 97389
      View Details
    • Contact for pricing
      162,000 SF

      Tangent Industrial Park Warehouse Space

      Industrial park warehouse space available for lease in Tangent, Oregon.
      32140 Hooska Ave, Tangent, OR
      View Details
    • $0.90 SF/Yr
      7,500 SF

      Tangent Warehouse Near Interstate 5

      Warehouse space available for lease, close to Interstate 5.
      Cinema Way, Tangent, OR
      View Details

    FAQs

    What type of property is this?
    Warehouse - New industrial spaces with showroom, office, and warehouse options.
    Where is this warehouse located?
    The property is located at 31970 Cinema Way, Unit Units 2 & 3 Tangent, OR.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - New construction (2022) in Riverland Industrial Park; - Excellent location: Less than 1 mile from Highway 34 and 4 miles from Interstate 5; - Space 2: **10,000 sq. ft.** with showroom, multiple offices, break area, shop space, and two grade doors, available at **$0.90/SF NNN**
    (503) 559-7990
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    31970 Cinema Way, Unit Units 2 & 3 Tangent, OR 97389
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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
    31970 Cinema Way, Unit Units 2 & 3 Tangent, OR 97389
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