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    3151 Waconda Rd Gervais, OR 97026

    Sponsored
    For Lease
    $8 SF/Yr

    Gervais Industrial Park: Multiple Suites Available

    Lot size:
    70,169 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Gervais, Oregon industrial property, located at 3151 Waconda Rd NE, offers a diverse range of spaces ideal for manufacturing, distribution, warehousing, flex, or R&D operations. The park comprises four buildings totaling 70,169 square feet, situated on a 5.07-acre lot with 445 feet of frontage. Currently, there are 11 suites, with 14,623 square feet of vacant space available, ranging from 1,200 to 14,623 square feet. The property boasts excellent access to Interstate-5, providing seamless transportation links. Building amenities include four loading docks, four dock-high doors, and two drive-in doors, supported by heavy power. Renovated in 2024, this property is zoned EFU and is part of the Salem submarket. The property's location in the Willamette Valley offers a blend of small-town charm and modern conveniences. This multi-tenant property presents a unique opportunity for businesses seeking versatile and well-equipped industrial space in a desirable location. The property's strategic location and modern features make it an attractive option for a variety of industrial uses. The 97026 zip code provides easy access to local amenities and transportation networks.

    Property Features for 3151 Waconda Rd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,169 SF
    Total Rate
    49118.3

    Building Details

    Year Renovated
    2024
    Buildings
    4

    Unit(s) available at that property

    Space
    Chilson Bldg #1
    Size
    4,750 SF
    Rate per SF
    $10
    Space
    Pattermann Bldg #3
    Size
    2,850 SF
    Rate per SF
    $10
    Space
    Willard Bldg #2
    Size
    1,200 SF
    Rate per SF
    $10
    Space
    Pattermann Bldg - Bottling Plant
    Size
    14,623 SF
    Rate per SF
    $10

    HighLights

    • Prime Gervais, OR location at 3151 Waconda Rd NE.
    • Four single‑office buildings and three metal‑clad warehouse buildings available.
    • Spacious, flexible floor plans with ample parking.
    • Multi‑tenant property undergoing improvements under new ownership and management.
    • Value‑oriented opportunity ideal for business expansion or relocation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kuzushi Project Inc Corporate Office

    Suggested Use

    Wholesale Shop Food Market Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Gervais
    County
    Marion
    State
    Oregon
    Longitude
    -122.99242398101
    Latitude
    45.074497570863

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    FAQs

    What type of property is this?
    Life science property - Gervais Industrial Park: Multiple Suites Available
    Where is this life science property located?
    The property is located at 3151 Waconda Rd Gervais, OR.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Prime Gervais, OR location at 3151 Waconda Rd NE.; Four single-office buildings and three metal-clad warehouse buildings available.; Spacious, flexible floor plans with ample parking.
    Request Owner's contact information
    3151 Waconda Rd Gervais, OR 97026
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    Gervais, OR 97026
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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
    3151 Waconda Rd Gervais, OR 97026
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