3661 Olympic St, Springfield, OR 97478-5668
This exceptional three-building industrial campus in Springfield, Oregon, presents a unique investment and/or owner-user opportunity. Encompassing a total of 63,340 square feet on a 3.1-acre lot zoned for heavy industrial use, this property offers significant flexibility. The buildings range in size from 19,716 square feet to 24,624 square feet, allowing for the purchase of one, two, or all three structures. The asking price for the entire campus is $7,000,000, with individual building pricing available. Strategically located near Highway 126, less than half a mile from the I-5 interchange, this campus benefits from excellent access to major transportation routes. Its proximity to numerous industrial users and national retailers like Walmart, Jerry's, and Target further enhances its appeal. The property's location in Springfield, Oregon, is particularly advantageous, given the area's limited industrial land availability, strict urban growth boundaries, high barriers to entry, and a business-friendly environment. This combination of factors has contributed to strong value appreciation in the local industrial real estate market. The buildings are classified as Class B and are currently vacant, providing a blank canvas for a new owner's vision. This is a rare opportunity to acquire a substantial industrial property in a thriving location.
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Oregon's Only Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.