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    1913-1957 Fescue St SE Albany, OR 97322

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    For Sale
    $3,525,000

    Class A building with long-term tenant and highway visibility.

    Property size:
    24,260 SF

    Property Features for 1913-1957 Fescue St SE

    General Information

    Size
    24,260 SF

    Building Details

    Year built
    2000

    Source: Curt Arthur, SIOR Agent Curt Arthur, SIOR

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

    Overview

    Light Industrial Building Investment

    This Class A light industrial building presents an investment opportunity, having been occupied by the same tenant for approximately 25 years. The building, in outstanding condition throughout, is configured with approximately 65% warehouse space and 35% office space. The current rent is below fair market value. The tenant is prepared to sign a long-term lease extension at closing at a starting rate of $0.815 per square foot per month, triple net. This rate is a blended rent considering both the office and warehouse spaces. The property is visible from Interstate 5 and is located less than 0.5 miles from the Highway 20 interchange. The Fescue/Rye Street corridors are home to several light-manufacturing businesses.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Goldfish Ventures LLC, In Town Storage, Ace Mini Storage, Exit 233 RV STORAGE & Repair

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.059528
    Latitude
    44.623575

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    FAQs

    What type of property is this?
    Warehouse - Class A building with long-term tenant and highway visibility.
    Where is this warehouse located?
    The property is located at 1913-1957 Fescue St SE Albany, OR.
    What is the asking price?
    The asking price for this property is $3,525,000.
    What are key features of this property?
    This property features: - Long-term NNN lease at closing provides stable income.; - Outstanding cap rate at fair market rent ensures a strong return on investment.; - High visibility from Interstate 5 offers excellent exposure.
    (503) 559-7990
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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
    1913-1957 Fescue St SE Albany, OR 97322
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