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    632 Shelley St Springfield, OR 97477

    Sponsored
    For Lease
    $10 SF/Yr

    27,300 SF Warehouse, Available Now, Great Location

    Lot size:
    27,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial warehouse, located at 632 Shelley Street in Lane County, offers 27,300 square feet of versatile space, perfect for a variety of industrial uses. The property is situated in a Light Medium Industrial (LMI) zoned area, ensuring compatibility with a range of businesses. The building features two grade-level loading doors for efficient loading and unloading operations. A significant advantage is the shared access to an adjacent 19,000 square foot fenced yard, providing ample outdoor storage or maneuvering space. This single-story building is part of a multi-tenant property. The monthly rental rate is $0.85 per square foot, modified gross. The property is available for occupancy beginning January 1st, 2025. This is a rare opportunity to secure a well-located, high-quality warehouse space in a desirable Lane County location. The building's size, features, and zoning make it an ideal choice for businesses seeking efficient and functional industrial space. Don't miss this chance to establish your operations in this prime location. Contact us today to schedule a viewing.

    Property Features for 632 Shelley St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,300 SF
    Class
    A

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    632 Shelley | SE Space | 27K SF
    Size
    27,300 SF
    Rate per SF
    $10

    HighLights

    • Class A industrial warehouse totaling 27,300 square feet.
    • Single‑story building with multiple tenants.
    • Located in Lane County and zoned LMI (Light Medium Industrial).
    • Features two grade‑level loading doors and a shared 19,000 square foot fenced yard.
    • Available January 1st, 2025, at a modified gross rent of $0.85/SF/month.
    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
    Springfield
    County
    Lane
    State
    Oregon
    Longitude
    -123.03647
    Latitude
    44.0648586

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    FAQs

    What type of property is this?
    Distribution property - 27,300 SF Warehouse, Available Now, Great Location
    Where is this distribution property located?
    The property is located at 632 Shelley St Springfield, OR.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Class A industrial warehouse totaling 27,300 square feet.; Single-story building with multiple tenants.; Located in Lane County and zoned LMI (Light Medium Industrial).
    Request Owner's contact information
    632 Shelley St Springfield, OR 97477
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    Springfield, OR 97477
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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
    632 Shelley St Springfield, OR 97477
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