Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    33935 Highway 99E Tangent, OR 97389

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.25 SF/Yr

    Office space with highway frontage, high visibility, and ample parking.

    Property size:
    4,464 SF
    Lot size:
    4,464 SF

    Property Features for 33935 Highway 99E

    General Information

    Size
    4,464 SF

    Building Details

    Year built
    1981

    We can help!

    Listing Contact
    Curt Arthur, SIOR
    Source: Corfac

    Listing Agent: Curt Arthur, SIOR

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

    Learn more

    Overview

    Tangent Highway Frontage Office Space

    Located at 33935 Hwy 99E in Tangent, Oregon, this property offers excellent highway frontage and visibility. It features ample on-site parking. The flexible layout is suited for trades, contractors, or service-oriented businesses needing professional office space. Quick access to I-5 provides connectivity to Albany, Corvallis, and Salem. The property is positioned between Albany and Corvallis in the Willamette Valley, known as the “Grass Seed Capital of the World,” and is surrounded by a strong agricultural base while also benefiting from its proximity to regional manufacturing, distribution, and research industries. The area supports a diverse economic ecosystem anchored by agribusiness, food processing, wood products, and technology companies in nearby Corvallis and Albany. With direct frontage along Highway 99E, the property offers visibility and convenient access for both local and regional users. Interstate 5 is less than five miles away, ensuring efficient connectivity to Salem, Eugene, Portland, and beyond. The property is positioned to serve professional office, service, or industrial-related tenants seeking a central Willamette Valley location with strong transportation links. The property has ample natural light and dedicated signage opportunities.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Dental Office Building Supply Auto Repair Shop Wholesale Shop Auto Parts Store Kitchen & Bath HVAC Service Discount Store Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tangent
    County
    Linn
    State
    Oregon
    Longitude
    -123.1094885
    Latitude
    44.5669683

    Nearby Similar for Lease

    • $6,500 /Mo
      25,000 SF

      Modern Industrial Spaces Near I-5

      New industrial spaces with showroom, office, and warehouse options.
      31970 Cinema Way, Tangent, OR 97389
      View Details
    • $0.90 SF/Yr
      25,000 SF

      New Industrial Warehouse Near I-5

      New industrial warehouse with grade doors, ample parking, great visibility.
      31970 Cinema Way, Tangent, OR 97389
      View Details
    • $1.40 SF/Yr
      3,300 SF

      Tangent Industrial Park Location

      Premier industrial park location near Interstate 5.
      32160 Old Highway 34, Tangent, OR 97389
      View Details
    • Contact for pricing
      162,000 SF

      Tangent Industrial Park Warehouse Space

      Industrial park warehouse space available for lease in Tangent, Oregon.
      32140 Hooska Ave, Tangent, OR
      View Details
    • $0.90 SF/Yr
      7,500 SF

      Tangent Warehouse Near Interstate 5

      Warehouse space available for lease, close to Interstate 5.
      Cinema Way, Tangent, OR
      View Details

    FAQs

    What type of property is this?
    Office space - Office space with highway frontage, high visibility, and ample parking.
    Where is this office space located?
    The property is located at 33935 Highway 99E Tangent, OR.
    What is the lease rate?
    The lease rate is $1.25 SF/Yr.
    What are key features of this property?
    This property features: - Excellent highway frontage and high visibility on Hwy 99E.; - Quick access to I-5 for connectivity to Albany, Corvallis, Salem, and beyond.; - Ample on-site parking for staff and clients.
    (503) 559-7990
    Request Owner's contact information
    33935 Highway 99E Tangent, OR 97389
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    33935 Highway 99E
    Tangent, OR 97389
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    33935 Highway 99E Tangent, OR 97389
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Curt Arthur, SIOR
    (503) 559-7990
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.