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High Visibility Retail/Office Space

2501 Pacific Bl SE Albany, OR 97321

2501 Pacific Bl SE, Albany, OR, 97321
$970,000
For Sale
Claim this Listing
$970,000

8,000+ SF retail/office space on corner lot for sale.

Property Size8,000 SF
Price / SF$121.25
AddedDec 3, 2025
Days on Market224
Last RefreshApr 9 at 9:00 pm

Property Features for 2501 Pacific Bl SE

General Information

Standard status
Active
Size
8,000 SF
Property subtype
Retail

Building Details

Year Built
1956

Listing office Dro Management I Inc dba Keller Williams Realty

Listing date Dec 3, 2025

Source Cbcworldwide

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

All listing content including descriptions, pricing, images are the copyrighted material of Dro Management I Inc dba Keller Williams Realty


Investment Insights

Based on property information with market context.

This property features over 8,000 square feet of retail or office space with high visibility on Pacific Boulevard. Situated on a corner lot, the property includes three tax lots totaling over 31,000 square feet. Previously used as an auto dealership, it benefits from high visibility, street frontage, and high traffic counts. The square footage of 8,000+ does not include any second-story space. The property is available for sale. Seller financing is available.

Key Highlights

  • High visibility location on Pacific Blvd with highest traffic counts in Albany.
  • Large lot size: Over 31,000 SF across three tax lots.
  • Substantial building size: Over 8,000 SF of retail/office space.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $120.0k $15.00
− Vacancy −$4.7k −$0.58
EGI $115.3k $14.42
− OpEx −$34.6k −$4.32
NOI $80.7k $10.09
8,000 SF · lease $15.00/SF/yr · vacancy 3.89% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $122,922 @ 7.0% cap · market cap 12.67%
Second Best
Industrial
$1.15M
$1.01M – $1.35M (±1% cap)
NOI $80,732 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M (±1% cap)
NOI $163,139 @ 7.0% cap · market cap 16.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Automotive properties

Similar Off Market Nearby

  • Truck Rental Center at The Home Depot — 3500 Spicer Dr SE, Albany, OR 97322
  • Peterson the Cat Rental Store — 1780A Fescue St SE, Albany, OR 97322
  • Penske Truck Rental — 682 Airport Rd SE, Albany, OR 97322

FAQs

What type of property is this?
Automotive property - 8,000+ SF retail/office space on corner lot for sale.
Where is this automotive property located?
The property is located at 2501 Pacific Bl SE Albany, OR.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: High visibility location on Pacific Blvd with highest traffic counts in Albany.; Large lot size: Over 31,000 SF across three tax lots.; Substantial building size: Over 8,000 SF of retail/office space.
Contact an agent
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