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    1957 Fescue St SE Albany, OR 97322

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    For Sale
    $3,525,000

    Industrial property with long-term NNN lease and established tenant.

    Property size:
    24,260 SF
    Lot size:
    0.92 Acres

    Property Features for 1957 Fescue St SE

    General Information

    Size
    24,260 SF
    Lot size
    0.92 Acres

    Source: SVN Commercial Advisors | Salem Agent Curt Arthur

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

    Overview

    Albany Industrial Property For Sale

    This industrial property in Albany, Oregon, features a long-term NNN lease to be established at closing. The current tenant has occupied the building for 25 years. The property offers 24,260 square feet of space. The property is being offered for sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Concept Systems Engineering Consultant Panel Select Store

    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
    -123.0595305
    Latitude
    44.6231911

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    FAQs

    What type of property is this?
    Warehouse - Industrial property with long-term NNN lease and established tenant.
    Where is this warehouse located?
    The property is located at 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; - Outstanding cap rate at fair market rent; - 25-year tenant in the building
    (503) 559-7990
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    1957 Fescue St SE Albany, OR 97322
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    Albany, OR 97322
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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
    1957 Fescue St SE Albany, OR 97322
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