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Interstate 5 Frontage Industrial Land
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2910 Three Lakes Road SE, Albany, OR 97322

Over 68 acres of industrial land with I-5 frontage.

Property Size1,170,775 SF
Lot Size68.00 Acres
Days on Market195

Property Features for 2910 Three Lakes Road SE

General Information

Standard status Active
Size 1,170,775 SF
Total Parking Spaces 797
Lot size 68.00 Acres
Property subtype Industrial

Building Details

Building Size 1,170,775 SF
Listing Agency:
Listed By: Joe Kappler · License #OR #200605069
Source: Macadamforbes
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 8 at 1:21PM

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 Joe Kappler

Investment Insights

Based on property information with market context.

This industrial property offers over 68 acres of land suitable for development, including distribution centers and other industrial uses. The site can accommodate a distribution facility of up to 1,170,775 square feet, with the possibility of smaller requirements starting at 150,000 square feet. A proposed layout includes 797 automotive parking spaces, 250 trailer stalls, and 221 dock doors with loading from 3 sides. Column spacing is planned at 60 feet from east to west and 56 feet from north to south. The building's maximum dimensions are 600 feet wide and 2,024 feet long, with a 36-foot clear height. The project is planned to have four points of ingress/egress and is located 0.6 miles from Interstate 5 (exit 233). The owner is open to selling the land and considering partitioning off parcels as small as 10 acres. Build-to-suit opportunities are available, and the owner is willing to build and sell buildings ranging from 150,000 to 1,170,755 square feet. The property is located off exit 233 from Interstate 5 in Albany, Oregon, 29 miles south of Salem, 69 miles from Portland, and 78 miles from Vancouver, Washington. It is also within 3 miles of the Mid-Willamette Valley Intermodal Center, which serves as a transfer hub for local and international containers from UPRR & BNSF.

Key Highlights

  • Prime Interstate 5 frontage location with excellent access.
  • Ability to accommodate a VERY LARGE distribution facility (up to 1,170,775 square feet).
  • Flexible development options are available, including build‑to‑suit and land sale.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Big Box & Wholesale Store Spa & Massage Center Building Supply

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

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 97322, OR

37,148
Population
14,867
Households
2.5
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
63.3 sq mi
ZIP Area
587
Density / Sq Mi
$68,536
Median Household Income
$43,530
Median Earnings
$1,335
Median Rent
$321,200
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Over 68 acres of industrial land with I-5 frontage.
Where is this industrial land located?
The property is located at 2910 Three Lakes Road SE Albany, OR.
What are key features of this property?
This property features: Prime Interstate 5 frontage location with excellent access.; Ability to accommodate a VERY LARGE distribution facility (up to 1,170,775 square feet).; Flexible development options are available, including build‑to‑suit and land sale.
More about this property
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