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    1480 Laurel Ave Woodburn, OR 97071

    Sponsored
    For Sale
    $1,400,000

    6,479 SF Office/Senior Living, 1.89 Acres

    Property size:
    6,479 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity in Woodburn, Oregon! This 6,479 square foot single-story building sits on a spacious 1.89-acre lot with Commercial General zoning. Built in 1975, the property offers versatile potential. Currently configured with 13 separate rooms and two kitchens, it's ideally suited for an adult care facility or office space. The layout allows for easy modification to create additional rooms, or even the possibility of dual occupancy (residential and commercial). The property's location in Woodburn provides excellent accessibility and central Oregon location. The inclusion of this property within an Opportunity Zone presents additional investment benefits. This is a rare chance to acquire a substantial property with significant upside potential, whether maintaining the current use or exploring alternative commercial ventures permitted under the zoning. The building's size and layout offer flexibility for a wide range of commercial uses. Don't miss this chance to own a prime piece of commercial real estate in a thriving Oregon community.

    Property Features for 1480 Laurel Ave

    General Information

    Property type
    Retirement homes
    Square Feet
    6,479 SF
    Lot Size
    82,328 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodburn
    County
    Marion
    State
    Oregon
    Longitude
    -122.84081179325
    Latitude
    45.139094504469

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    FAQs

    What type of property is this?
    Retirement home - 6,479 SF Office/Senior Living, 1.89 Acres
    Where is this retirement home located?
    The property is located at 1480 Laurel Ave Woodburn, OR.
    What is the asking price?
    The asking price for this property is $1,400,000.
    Request Owner's contact information
    1480 Laurel Ave Woodburn, OR 97071
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    Woodburn, OR 97071
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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
    1480 Laurel Ave Woodburn, OR 97071
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