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    1731 Industrial Way Philomath, OR 97370

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    For Lease
    $3,300,000

    23,500 SF industrial warehouse on 4.87 acres for lease.

    Property size:
    23,500 SF
    Lot size:
    4.87 Acres

    Property Features for 1731 Industrial Way

    General Information

    Size
    23,500 SF
    Lot size
    4.87 Acres

    Source: NW Commercial Services LLC Agent Jim O'Bryant

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

    Overview

    Industrial Warehouse Distribution Building

    This former Pro-Lam facility is an industrial warehouse and distribution building encompassing approximately 23,500 square feet, situated on approximately 4.87 acres of land zoned for Light Industrial (LI) use. The building features a complete sprinkler system, insulation, and an eave height of approximately 18 feet. It is equipped with suspended gas heaters, numerous grade-level doors, fluorescent lighting, and 480V/3 Phase heavy electrical power. The facility includes upper and lower-level offices, a conference room, storage areas, and restrooms. It is serviced by city water and sewer. Additional ground is available for expansion. The property features a security-gated entryway, ample parking for employees, customers, and trucks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pro Lam Inc Lumber Store Bear Valley Manufacturing Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Applegate Storage, Hangar 9 RV & Boat Storage, Philomath Storage Depot

    Location Insight

    • Map
    • Local Demand
    City
    Philomath
    County
    Benton
    State
    Oregon
    Longitude
    -123.3601684
    Latitude
    44.5498438

    FAQs

    What type of property is this?
    Warehouse - 23,500 SF industrial warehouse on 4.87 acres for lease.
    Where is this warehouse located?
    The property is located at 1731 Industrial Way Philomath, OR.
    What are key features of this property?
    This property features: - Large Industrial Warehouse/Distribution building: 23,500 SF on 4.87 acres, zoned Light Industrial (LI), offering significant space and potential.; - Additional ground available for future expansion of the facility.; - Heavy Power and Infrastructure: 480V/3 Phase electrical power, city water and sewer, fully sprinkled and insulated.
    (503) 991-2271
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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
    1731 Industrial Way Philomath, OR 97370
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