Gated Flex Facility With
For Sale
$1,250,000
34030 SW Excor Rd, Albany, OR 97321
Paved, fenced grounds support secure equipment staging, loading, and industrial operations.
Property Size11,498 SF
Lot Size1.32 Acres
Price / SF$108.71
Days on Market40
Property Features for 34030 SW Excor Rd
General Information
Standard status
Active
Size
11,498 SF
Lot size
1.32 Acres
Zoning
UD-2
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
6,277 SF
Office Build-Out
5,221 SF
Dock-High Doors
1
Drive-In Doors
4
Additional Details
Asking Price
$1,250,000
Building Details
Year Built
1981
Buildings
1
Building Size
11,498 SF
Listing Agency:
Vanguard Realty Group
(541) 753-4392
Listed By:
Brian Weinhold · License #200510090
Source:
Rosecityrealtygroup
Added: Jul 20
Changed: Aug 28
Last Checked: Aug 28 at 12:37PM
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 Vanguard Realty Group
Investment Insights
Based on property information with market context.
This 11,498 SF flex facility combines remodeled office space with a high-clearance warehouse and shop area. The front portion includes 5,221 SF of office improvements, including a dispatch hub, private executive offices, and a break room. The 6,277 SF shop is served by four grade-level doors and one dock-high door, supporting loading, maintenance, and equipment movement.
The property occupies 1.32 acres at 34030 SW Excor Rd in Albany, Oregon, along Highway 34 with reported exposure to more than 30,000 vehicles daily. The fully paved site is fenced and gated, providing secured outdoor area for truck staging, heavy equipment, or storage. Access to I-5 and Hwy 99 is also identified. The property is zoned UD-2 in Linn County, and was built in 1981.
The property occupies 1.32 acres at 34030 SW Excor Rd in Albany, Oregon, along Highway 34 with reported exposure to more than 30,000 vehicles daily. The fully paved site is fenced and gated, providing secured outdoor area for truck staging, heavy equipment, or storage. Access to I-5 and Hwy 99 is also identified. The property is zoned UD-2 in Linn County, and was built in 1981.
Key Highlights
- 11,498 SF flex facility on 1.32 acres
- 5,221 SF of remodeled office space with dispatch hub, executive offices, and break room
- 6,277 SF high‑clearance warehouse and shop area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,115
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,442,300
$1.4M
Cap Rate 7%
$1,030,214
$1.0M
Cap Rate 9%
$801,278
$801.3K
Market Conditions
NOI Build-Up for 11,498 SF
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.
Gross rent
$117.3K $10.20/SF
− Vacancy
−$6.3K −$0.55/SF
EGI
$110.9K $9.65/SF
− OpEx
−$38.8K −$3.38/SF
NOI
$72.1K $6.27/SF
Area
Linn County, OR
Vacancy
5.40%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,442,300
Cap Rate 7%
$1,030,214
Cap Rate 9%
$801,278
Alternative Uses
Best Use
Office B
$3.00M
$2.63M – $3.50M
NOI $210,027 @ 7.0% cap · market cap 16.80%
Second Best
Warehouse
$2.01M
$1.76M – $2.35M
NOI $140,897 @ 7.0% cap · market cap 11.27%
Theoretical Best
Office A
$3.35M
$2.93M – $3.91M
NOI $234,471 @ 7.0% cap · market cap 18.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Dock-high doors
4
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97321, OR
30,291
Population
11,790
Households
2.6
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
69.1 sq mi
ZIP Area
438
Density / Sq Mi
$95,687
Median Household Income
$45,963
Median Earnings
$1,264
Median Rent
$442,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Paved, fenced grounds support secure equipment staging, loading, and industrial operations.
Where is this flex space located?
The property is located at 34030 SW Excor Rd Albany, OR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 11,498 SF flex facility on 1.32 acres; 5,221 SF of remodeled office space with dispatch hub, executive offices, and break room; 6,277 SF high‑clearance warehouse and shop area
