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    81143 Highway 395 N Hermiston, OR 97838

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    For Sale
    $2,434,500

    11-acre industrial flex property with shop and retail showroom.

    Property size:
    9,540 SF

    Property Features for 81143 Highway 395 N

    General Information

    Size
    9,540 SF

    Building Details

    Year built
    1979

    Source: Vicki Monteagudo Agent Vicki Monteagudo

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

    Overview

    Highway 395 Industrial Flex Property

    This industrial flex property, situated on approximately 11 acres, features frontage on Highway 395 in Hermiston, Oregon. The property includes a commercial repair shop of approximately 9,540 square feet, suitable for various operations. Additionally, there is a retail showroom and sales center with office space and restrooms. The property's design allows for flexibility, making it suitable for maintenance companies, automotive services, and agricultural businesses. Multiple access points facilitate the movement of heavy machinery and vehicles. The grounds offer space for a laydown yard, vehicle storage, parking, or future expansion. The property is available for purchase and offers opportunities for business growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Hair Salon Wholesale Shop Clothing Store Auto Parts Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hermiston
    County
    Umatilla
    State
    Oregon
    Longitude
    -119.2958798
    Latitude
    45.8862095

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    FAQs

    What type of property is this?
    Flex space - 11-acre industrial flex property with shop and retail showroom.
    Where is this flex space located?
    The property is located at 81143 Highway 395 N Hermiston, OR.
    What is the asking price?
    The asking price for this property is $2,434,500.
    What are key features of this property?
    This property features: - Prime Highway 395 Frontage: Offers excellent visibility and accessibility.; - Substantial ±9,540 SF Commercial/Repair Shop: Provides a large, functional space.; - Versatile Retail Showroom/Sales Center with Office Space and Restrooms: Enhances business potential.
    (509) 405-7044
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    81143 Highway 395 N Hermiston, OR 97838
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    Hermiston, OR 97838
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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
    81143 Highway 395 N Hermiston, OR 97838
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