Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Estacada Industrial Park Lot Title is generated by Realmo AI

    3051 NW Campus #29, Estacada, OR 97023

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $479,998

    Industrial land available in Estacada Industrial Park.

    Type:Land or Vacant Lot
    Lot size:
    1.20 Acres
    Added:
    Mar 27, 2024
    Days on Market:
    778
    Last Refresh:
    Apr 5 at 9:55 pm

    Property Features for 3051 NW Campus #29

    General Information

    Standard status
    Active
    Lot size
    1.20 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    TIM WHITING

    Listing agent TIM WHITING License #201211921

    Listing office MORE REALTY

    Listing date Mar 27, 2024

    Source Corcoran

    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 MORE REALTY

    HighLights

    • Ready to build industrial building.
    • Located in Estacada Industrial Park.
    • All City of Estacada services are available.
    • Lot 29 is available.
    • Owner may carry.
    • Ready for immediate development.

    Overview

    Lot 29 within the Estacada Industrial Park is available for purchase, presenting an opportunity for constructing an industrial building. The site is equipped with access to all City of Estacada services. Owner financing options may be available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Department Store Kitchen & Bath Showroom Grocery & Convenience Store Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Estacada
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.349
    Latitude
    45.3113

    Nearby Similar for Sale

    • $659,900
      2,680 SF

      Estacada Multifamily Home with ADU

      Multigenerational living or income potential with attached ADU.
      1054 NE REGAN HILL Loop, Estacada, OR 97023
      View Details
    • $729,900
      2,872 SF

      Spacious Home with Attached ADU

      4-bed, 2.5-bath home with 2-bed, 1-bath ADU.
      504 NE TRILLIUM Dr, Estacada, OR 97023
      View Details
    • $659,900
      2,680 SF

      Multigenerational Living or Income Potential

      Duplex in Estacada with ADU, ideal for dual living.
      1048 NE REGAN HILL Loop, Estacada, OR 97023
      View Details
    • $659,900
      2,680 SF

      Estacada Multifamily Property with ADU

      Multifamily property with attached ADU, ideal for dual living.
      690 E 1ST Ave, Estacada, OR 97023
      View Details
    • $659,900
      2,680 SF

      Multigenerational Living with ADU Potential

      Multifamily property with attached ADU, perfect for added income.
      1018 NE REGAN HILL Loop, Estacada, OR 97023
      View Details
    • $219,000
      200 SF

      Waterfront Land with Cabin, Estacada

      Waterfront property with cabin on Estacada Lake.
      21970 S RIVER LAKE Rd, Estacada, OR 97023
      View Details
    • $325,000

      Estacada Residential Development Opportunity

      9.16 acre residential development opportunity in Estacada, Oregon.
      Tax Lot - 34E20 0050, Estacada, OR 97023
      View Details
    • $1,595,000
      5,000 SF

      Estacada Brewery and Restaurant ForSale

      Fully operational brewery and restaurant in the heart of Estacada.
      326 S Broadway Street, Estacada, OR 97023
      View Details
    • $999,950

      54 Acres of Scenic Oregon Land

      Scenic 54-acre Oregon countryside property near Estacada.
      SE Michaels, Estacada, OR 97023
      View Details
    • $600,000

      Land For Sale, Estacada, OR

      Land for sale in Estacada, Oregon with R2 zoning.
      585 SE 4TH Ave, Estacada, OR 97023
      View Details
    • $379,000
      1,248 SF

      Mixed-Use Property in Estacada

      Mixed-use commercial property with storefronts and residential unit.
      356 S BROADWAY, Estacada, OR 97023
      View Details
    • $1,950,000

      Estacada Specialty Property For Sale

      Specialty property available in Estacada, Oregon.
      20189 S Springwater Rd, Estacada, OR 97023
      View Details

    FAQs

    What type of property is this?
    Industrial land - Industrial land available in Estacada Industrial Park.
    Where is this industrial land located?
    The property is located at 3051 NW Campus #29 Estacada, OR.
    What is the asking price?
    The asking price for this property is $479,998.
    What are key features of this property?
    This property features: Ready to build industrial building.; Located in Estacada Industrial Park.; All City of Estacada services are available.
    (503) 353-6673
    We can help!
    Listing Contact
    TIM WHITING
    Real Estate License ID: 201211921
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    3051 NW Campus #29, Estacada, OR 97023
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!