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    721 3Rd St Pendleton, OR 97801

    Sponsored
    For Sale
    $595,000

    Spacious warehouse, ideal for business

    Property size:
    15,138 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial warehouse property, located at 721 SE 3rd St, Pendleton, Oregon 97801, presents a unique investment opportunity. Boasting a substantial 15,138 square feet of space, this industrial property sits on a 0.64-acre lot. Originally constructed in 1938 to Federal Public Works standards, the building showcases timeless style and high-quality materials rarely found in modern construction. The structure is a two-story brick building, with approximately 7,584 square feet on each level. The interior layout is ADA compliant and features multiple offices, making it suitable for a single large business or two separate operations. The property includes the added benefit of over 21 parking spaces in an adjacent lot. Priced at $595,000, this warehouse offers significant potential for a variety of commercial uses. Its prime location in Pendleton, Umatilla County, Oregon, provides excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained, historically significant commercial building with ample space and parking. Don't miss out on this chance to own a piece of Pendleton's commercial landscape.

    Property Features for 721 3Rd St

    General Information

    Property type
    Distribution properties
    Square Feet
    15,138 SF
    Lot Size
    27,878 SF

    HighLights

    • $595,000 asking price.
    • 15,138 square foot industrial warehouse on a 0.64‑acre lot.
    • Located at 721 SE 3rd St, Pendleton, OR 97801.
    • Two‑story building (7,584 sq ft per floor), ADA compliant.
    • Features 21+ parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pendleton
    County
    Umatilla
    State
    Oregon
    Longitude
    -118.7814381
    Latitude
    45.6679084

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, ideal for business
    Where is this distribution property located?
    The property is located at 721 3Rd St Pendleton, OR.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: $595,000 asking price.; 15,138 square foot industrial warehouse on a 0.64-acre lot.; Located at 721 SE 3rd St, Pendleton, OR 97801.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    721 3Rd St Pendleton, OR 97801
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