Light Industrial Manufacturing
1400 Atlantic Avenue Woodland, WA 98674
1400 Atlantic Avenue, Woodland, WA, 98674
$5,500,000
For Sale
$5,500,000
Single-story light industrial facility with office, production, warehouse, showroom/retail area, and 80+ parking spaces on 2+ acres.
Property Size31,640 SF
Price / SF$173.83
Days on Market288
Property Features for 1400 Atlantic Avenue
General Information
- Standard status
- Active
- Size
- 31,640 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing agency
RE/MAX Equity Group
Listed by
Mike R Miller
(877) 319-7625
Source
Century21northhomes
Added: Oct 7, 2025 Updated: Jul 20 at 5:04PM Checked: Jul 21 at 6:46AM
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 RE/MAX Equity Group
Investment Insights
Based on property information with market context.
This single-story light industrial manufacturing facility offers a flexible mix of office and production-oriented space, including office areas, a conference room, showroom/retail area, production floor, and a warehouse component. The building is supported by five restrooms and a break room, and the site includes over 80 parking spaces to accommodate daily operations.
The property is located at 1400 Atlantic Avenue in Woodland, Washington, just off I-5 Exit 21. It is described as having strong freeway visibility with signage opportunities, supported by frontage along the I-5 corridor between Portland and Southwest Washington.
Set on 2+ acres, the property provides ample room for parking and site circulation, with the added flexibility of a potential multi-tenant configuration or continued single-user occupancy.
The property is located at 1400 Atlantic Avenue in Woodland, Washington, just off I-5 Exit 21. It is described as having strong freeway visibility with signage opportunities, supported by frontage along the I-5 corridor between Portland and Southwest Washington.
Set on 2+ acres, the property provides ample room for parking and site circulation, with the added flexibility of a potential multi-tenant configuration or continued single-user occupancy.
Key Highlights
- Single‑story 31,640 SF light industrial manufacturing facility built in 2004
- Located at 1400 Atlantic Avenue just off I‑5 Exit 21 with freeway access and visibility
- 2+ acre site with 80+ on‑site parking spaces for operations, crews, and customers
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $451.8k | $14.28 |
| − Vacancy | −$31.6k | −$1.00 |
| EGI | $420.2k | $13.28 |
| − OpEx | −$63.0k | −$1.99 |
| NOI | $357.2k | $11.29 |
31,640 SF · lease $14.28/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.10M
$4.46M – $5.95M
NOI $357,163 @ 7.0% cap · market cap 6.49%
Second Best
Flex RnD
$4.56M
$3.99M – $5.32M
NOI $319,028 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$10.42M
$9.12M – $12.16M
NOI $729,715 @ 7.0% cap · market cap 13.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lamiglas
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Single-story light industrial facility with office, production, warehouse, showroom/retail area, and 80+ parking spaces on 2+ acres.
Where is this flex space located?
The property is located at 1400 Atlantic Avenue Woodland, WA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Single‑story 31,640 SF light industrial manufacturing facility built in 2004; Located at 1400 Atlantic Avenue just off I‑5 Exit 21 with freeway access and visibility; 2+ acre site with 80+ on‑site parking spaces for operations, crews, and customers
