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

68-acre industrial land for lease or build-to-suit opportunity.

Space 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

Spaces For Lease

at 2910 Three Lakes Road SE Contact us

2910 Three Lakes Road SE

Size
1,170,775 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Joe Kappler · License #OR #200605069
Source: Macadamforbes
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 8 at 5:59AM

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 land offers a rare development opportunity with frontage on Interstate 5. The site spans over 68 acres and can accommodate a distribution facility of up to 1,170,775 square feet. The owner is open to requirements starting at 150,000 square feet and build-to-suit opportunities. As proposed, the site includes 797 automotive parking spaces, 250 trailer stalls, and 221 dock doors with loading from 3 sides. Column spacing is 60 feet from east to west and 56 feet from north to south. The building's maximum width is 600 feet, with a length of 2,024 feet and a clear height of 36 feet. The project will feature four points of ingress/egress and is located 0.6 miles from Interstate 5 (exit 233). The owner is also willing to sell the land and consider partitioning off as little as 25 acres to a buyer.

The property is located off exit 233 from Interstate 5 in Albany, Oregon, 29 miles south of Salem, Oregon, 69 miles from Portland, Oregon, and 78 miles from Vancouver, Washington. It is 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 easy access (0.6 miles from exit 233).
  • Large‑scale industrial development potential: up to 1,170,775 SF distribution facility.
  • Flexible development options: build‑to‑suit opportunities and willingness to consider partitioning to 25 acres.

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.

Lease Details

NNN (Triple Net)
Lease Type

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 - 68-acre industrial land for lease or build-to-suit opportunity.
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 easy access (0.6 miles from exit 233).; Large‑scale industrial development potential: up to 1,170,775 SF distribution facility.; Flexible development options: build‑to‑suit opportunities and willingness to consider partitioning to 25 acres.
More about this property
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