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    3923 Old Salem Rd NE Albany, OR 97321

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    For Sale
    $3,850,000

    9-acre industrial site with warehouse and office space for sale.

    Property size:
    16,754 SF

    Property Features for 3923 Old Salem Rd NE

    General Information

    Size
    16,754 SF

    Building Details

    Year built
    1980

    Source: Brody Cohen, SIOR Agent Brody Cohen, SIOR

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

    Overview

    Albany Industrial Outdoor Storage Site

    This industrial property, suitable for outdoor storage or trucking operations, features a 16,754 square foot building that includes warehouse and office space. The site encompasses approximately 9 acres, with around 5.5 acres improved. The property's location provides strategic access, situated less than one minute from the I-5 on and off ramps, offering multiple points of entry and exit. The warehouse and truck repair building includes multiple drive-thru bays. The property will be available upon closing, with the possibility of a short-term leaseback by the current tenant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Gardner Trucking Inc Trucking Company

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Food Market Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.0613619
    Latitude
    44.6792095

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    FAQs

    What type of property is this?
    Warehouse - 9-acre industrial site with warehouse and office space for sale.
    Where is this warehouse located?
    The property is located at 3923 Old Salem Rd NE Albany, OR.
    What is the asking price?
    The asking price for this property is $3,850,000.
    What are key features of this property?
    This property features: - 9-Acre Site (approximately 5.5-AC Improved) ideal for outdoor storage or trucking; - Strategically located less than one minute from I-5 on and off ramps; - 16,754 SF Warehouse & Office Space
    (541) 517-9985
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    3923 Old Salem Rd NE Albany, OR 97321
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    Albany, OR 97321
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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
    3923 Old Salem Rd NE Albany, OR 97321
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