Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    39188 Highway 226 Scio, OR 97374

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $650,000

    4,300 SF shop/warehouse on 0.50 acres in Scio, Oregon.

    Property size:
    21,780 SF
    Lot size:
    0.50 Acres

    Property Features for 39188 Highway 226

    General Information

    Standard status
    Active
    Size
    21,780 SF
    Lot size
    0.50 Acres

    Building Details

    Year built
    2019

    We can help!

    Listing Contact
    Laura Gillott
    Laura Gillott
    Source: Exitrealty

    Listing Agency: Keller Williams Realty Mid-Willamette Listing Agent: Laura Gillott

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

    Learn more

    Overview

    Scio Shop/Warehouse Space For Sale

    This property features a 4,300 square foot shop/warehouse space located in Scio. Constructed in 2019, the metal building measures 43 feet by 100 feet with a slab on grade foundation and 16-foot eaves. The building is fully insulated and includes four 12-foot by 12-foot roll-up doors and two 12-foot by 14-foot roll-up doors. It is equipped with 300 amps of single-phase power and LED lighting. The property includes a central office and reception area, and the 0.50-acre lot is fenced. Included with the property are three lifts, an air compressor, and an oil-burning building heater. Other tools and equipment are negotiable. The property is located in an easy-to-find location in Scio.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Scio
    County
    Linn
    State
    Oregon
    Longitude
    -122.8403225
    Latitude
    44.7037716

    Nearby Similar for Sale

    • New
      $869,900
      1,288 SF

      Scio Farm Homestead with Arena

      24.16-acre farm with updated home, barn, and greenhouse.
      38591 Gilkey Rd, Scio, OR 97374
      View Details
    • $650,000
      4,300 SF

      Scio Shop/Warehouse on Half-Acre

      4,300 SF shop/warehouse on 0.5 acre in Scio, Oregon.
      39188 Highway 226, Scio, OR 97374
      View Details
    • $925,000

      Scio Farm with Water Rights

      60.27-acre farm with water rights and versatile soil.
      37225 Jefferson Scio Dr, Scio, OR 97374
      View Details
    • $925,000

      60-Acre Farm with Water Rights

      Scio, Oregon farm featuring water rights and versatile soil.
      37225 Jefferson Scio Dr, Scio, OR 97374
      View Details
    • $650,000
      4,300 SF

      Scio Industrial Building - Highway 226

      Spacious Industrial Shop/Warehouse, Prime Scio Location
      Highway 226, Scio, OR 97374
      View Details
    • $650,000
      21,780 SF

      Scio Industrial Building - Great Location

      Large Shop/Warehouse, Excellent Condition
      39188 Highway 226, Scio, OR 97374
      View Details

    FAQs

    What type of property is this?
    Warehouse - 4,300 SF shop/warehouse on 0.50 acres in Scio, Oregon.
    Where is this warehouse located?
    The property is located at 39188 Highway 226 Scio, OR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - 4,300 SF shop/warehouse space built in 2019; - Includes 3 lifts, air compressor, and oil burning building heat; - Fenced 0.50 acre property
    (541) 451-2211
    Request Owner's contact information
    39188 Highway 226 Scio, OR 97374
    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.
    39188 Highway 226
    Scio, OR 97374
    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
    39188 Highway 226 Scio, OR 97374
    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
    Laura Gillott
    Laura Gillott
    Real Estate License ID: 920300248
    (541) 451-2211 (541) 405-5530 (541) 704-2737
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!