Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Highway 101 Site Available Title is generated by Realmo AI

    1487 SE Ensign Ln, Warrenton, OR

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Unique site on Highway 101 for sale, lease.

    Type:LAND
    Lot size:
    130.81 Acres
    Added:
    Jul 28, 2025
    Days on Market:
    298
    Last Refresh:
    Apr 5 at 10:38 pm

    Property Features for 1487 SE Ensign Ln

    General Information

    Standard status
    Active
    Lot size
    130.81 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Mike Holzgang
    Mike Holzgang

    Listing agent Mike Holzgang

    Listing office Colliers | Portland

    Listing date Jul 28, 2025

    Source Moodyscre

    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 Colliers | Portland

    HighLights

    • Located on Highway 101
    • Divisible into various sizes to suit different client needs.
    • Opportunity to buy smaller industrial sites.
    • Available for sale, lease, or build to suit.
    • Unique site.
    • Suitable for industrial use.

    Overview

    This unique site is located on Highway 101 and is available for sale, lease, or build to suit. The site is divisible down to a variety of sizes to meet different client needs, providing opportunities to buy smaller industrial sites.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warrenton
    County
    Clatsop
    State
    Oregon
    Longitude
    -123.918
    Latitude
    46.1488

    Nearby Similar for Sale

    • $1,500,000
      6,472 SF

      Warrenton Multifamily Income Property

      High-performing 4-unit coastal property near Fort Stevens and the Pacific.
      1524 SE HONEYSUCKLE Loop, Warrenton, OR 97146
      View Details
    • $1,500,000
      6,472 SF

      Warrenton Coastal Income Property

      High-performing 4-unit property near Fort Stevens and the Pacific Ocean.
      1524 SE HONEYSUCKLE Loop, Warrenton, OR 97146
      View Details
    • $425,000
      900 SF

      Warrenton Land with Quonset Home

      One-acre property with modern Quonset home near beach.
      91620 SCHAFFER Dr, Warrenton, OR 97146
      View Details
    • $555,000

      Ocean View Homesite in Warrenton

      One-acre homesite with ocean views in gated Surf Pines.
      Manion Dr, Warrenton, OR 97146
      View Details
    • $39,000

      Warrenton, OR Commercial Land

      Commercial mixed-use land for sale in Warrenton, Oregon.
      Tax ID 30749, Warrenton, OR 97146
      View Details
    • $49,000

      Warrenton, OR Commercial Land

      Commercial mixed-use land for sale in Warrenton, Oregon.
      Tax ID 30740, Warrenton, OR 97146
      View Details
    • Contact for pricing

      Warrenton Land Adjacent to Home Depot

      Retail/service parcel near Home Depot in regional shopping district.
      1650 SE Ensign Ln., Warrenton, OR 97146
      View Details
    • $219,000

      Residential Land Near Downtown Warrenton

      Residential development land, potential for 14 lots, near downtown.
      NW Birch AVE, Warrenton, OR 97146
      View Details
    • $315,000

      Waterfront Land on Smith Lake

      Undeveloped 1.68-acre waterfront property on Smith Lake.
      VL Whiskey Ln, Warrenton, OR 97146
      View Details
    • $144,000

      Recreational Land Near Cullaby Lake

      31+ acres near Cullaby Lake, perfect recreational getaway.
      Hawkins Rd, Warrenton, OR 97146
      View Details
    • $100,000

      Warrenton, OR Development Land

      0.95 acres of development land in Warrenton, Oregon.
      NW Date Ct, Warrenton, OR 97146
      View Details

    FAQs

    What type of property is this?
    Land - Unique site on Highway 101 for sale, lease.
    Where is this land located?
    The property is located at 1487 SE Ensign Ln Warrenton, OR.
    What are key features of this property?
    This property features: Located on Highway 101; Divisible into various sizes to suit different client needs.; Opportunity to buy smaller industrial sites.
    (503) 888-5078 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mike Holzgang
    Mike Holzgang
    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
    1487 SE Ensign Ln, Warrenton, OR
    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!