Mixed-Use Office and Warehouse
New
For Sale
$5,900,000
7101 Supra Drive SW, Albany, OR 97321
Five office suites and two warehouse spaces support a range of business operations, with IP zoning and paved parking.
Property Size36,574 SF
Lot Size5.10 Acres
Price / SF$161.32
Days on Market5
Property Features for 7101 Supra Drive SW
General Information
Standard status
Active
Size
36,574 SF
Lot size
5.10 Acres
Property subtype
Commercial
Zoning
IP
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
10,735 SF
Office Build-Out
25,839 SF
Three-Phase Power
Yes
Additional Details
Office Units
5
Amenities
22+ private offices
80-person auditorium
conference rooms
kitchen
3-phase power
paved parking
Building Details
Building Size
36,574 SF
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
NORTHBRIDGE REALTY
Listed By:
Quinton Hamel
(503) 652-2260
Source:
Century21northhomes
Added: Oct 13
Changed: Oct 16
Last Checked: Oct 16 at 6:43AM
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 NORTHBRIDGE REALTY
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Investment Insights
Based on property information with market context.
The 36,574± SF property occupies 5.10 acres and combines 25,839± SF of office space with 10,735± SF of warehouse area. The office component includes more than 22 private offices, conference rooms, a kitchen, and an auditorium seating 80. The site also has three-phase power and paved parking. HVAC was new as of 2026, and the building was constructed in 1997.
Five office suites and two warehouse spaces are in place. The property is currently occupied by three tenants and the owner, and the seller may consider a leaseback of up to two years. Zoned IP; buyers should verify that zoning supports their intended use.
The campus is in southwest Albany near LBCC and Hwy 99E. Nearby Pacific Boulevard and Allen Lane recorded a daily traffic count of 14,694 in 2023.
Five office suites and two warehouse spaces are in place. The property is currently occupied by three tenants and the owner, and the seller may consider a leaseback of up to two years. Zoned IP; buyers should verify that zoning supports their intended use.
The campus is in southwest Albany near LBCC and Hwy 99E. Nearby Pacific Boulevard and Allen Lane recorded a daily traffic count of 14,694 in 2023.
Key Highlights
- 36,574± SF on 5.10 acres
- 25,839± SF of office space and 10,735± SF of warehouse area
- Five office suites and two warehouse spaces; currently three tenant‑occupied and owner‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$448,179
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,963,580
$9.0M
Cap Rate 7%
$6,402,557
$6.4M
Cap Rate 9%
$4,979,767
$5.0M
Market Conditions
NOI Build-Up for 36,574 SF
Gross rent
$548.6K $15.00/SF
− Vacancy
−$21.3K −$0.58/SF
EGI
$527.3K $14.42/SF
− OpEx
−$79.1K −$2.16/SF
NOI
$448.2K $12.25/SF
Area
Linn County, OR
Vacancy
3.89%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,963,580
Cap Rate 7%
$6,402,557
Cap Rate 9%
$4,979,767
Alternative Uses
Best Use
Office B
$9.54M
$8.35M – $11.13M
NOI $668,075 @ 7.0% cap · market cap 11.32%
Second Best
Warehouse
$6.40M
$5.60M – $7.47M
NOI $448,179 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$10.65M
$9.32M – $12.43M
NOI $745,829 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
5
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five office suites and two warehouse spaces support a range of business operations, with IP zoning and paved parking.
Where is this mixed-use property located?
The property is located at 7101 Supra Drive SW Albany, OR.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 36,574± SF on 5.10 acres; 25,839± SF of office space and 10,735± SF of warehouse area; Five office suites and two warehouse spaces; currently three tenant‑occupied and owner‑occupied
