Technical
Financial
Distress signals
Property profile

975 Ellsworth SW St Albany, OR 97321

OFF-MARKET
Commercial real estate
Property ID
US71-0890386
2,736 SF 0.11 ac lot Built 1977
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,736-square-foot commercial building in Albany, Oregon, presents a unique opportunity for a single tenant. Situated on a 0.11-acre lot at 975 SW Ellsworth St, 97321, this concrete tilt-up structure offers a versatile blend of retail and office space, ideal for creative businesses. The property features a spacious shop area with three grade-level doors and approximately 15-foot eaves, providing ample room for equipment or storage. A welcoming reception and waiting area seamlessly connects to the office space, enhancing client interaction. Additional amenities include ample storage, restrooms, and convenient access to City of Albany water and sewer services. The building benefits from excellent visibility from Pacific Highway, further enhanced by a prominent pole sign. The monthly lease rate is $1,950 plus NNN expenses. This stand-alone building offers a combination of functionality and prime location, making it an attractive option for businesses seeking a well-equipped and visible space in the thriving Albany market. The property is classified as a creative office space within Linn County.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Total area 2,736 SF
Lot 0.11 ac (4,792 SF)
APN 11S 03W 07BC 02800
UPID US71-0890386

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School
  • Car Dealership

Location

975 Ellsworth SW St Albany, OR 97321-2461
Albany metro Census 20400 ALBANY-LEBANON, OR MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$522k
Blend (final) Blend
$315k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2019
Price N/A
2003
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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