Listing Agency: SVN Retter & Company a***@svn.com Show Phone

Listed By: Ashley Moala · License ##138102 Show Phone

Source: Exprealty

Added: Dec 20, 2024 Changed: Aug 10 Last Checked: Aug 12 at 11:35AM

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Investment Insights

Based on property information with market context.

This flex space combines approximately 14,212 square feet of warehouse and office area in a rail-served industrial property. A double RR spur and new track switch provide on-site rail access for operations requiring this transportation connection.

The property is positioned near the Umatilla and Hermiston area, with roadway access via Hwy 395 and Interstates 82 and 84. Its setting within the Columbia Basin’s agricultural and manufacturing area supports a range of industrial, warehouse, and office-oriented operations. The configuration offers both functional warehouse area and office space within one commercial property.

Key Highlights

• Approximately 14,212 SF of combined warehouse and office space
• Double RR spur serving the property
• New track switch provides rail access

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Butcher Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

91

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 97875, OR

2,875

Population

1,097

Households

2.6

Avg Household Size

38

Median Age

10%

College-Educated

84%

High-School Grad

58.2 sq mi

ZIP Area

49

Density / Sq Mi

$67,679

Median Household Income

$39,811

Median Earnings

$894

Median Rent

$204,300

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Flex space - Warehouse and office configuration includes a double rail spur and new track switch.

Where is this flex space located?

The property is located at 405 Hoosier Rd Stanfield, OR.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: Approximately 14,212 SF of combined warehouse and office space; Double RR spur serving the property; New track switch provides rail access