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    1414 Commerce Way Woodburn, OR 97071

    For Sale
    Contact for pricing

    154,127 SF Warehouse; I-5 Corridor

    Property size:
    154,127 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 154,127-square-foot warehouse in Woodburn, Oregon's Cobalt Industrial Park presents a unique investment opportunity. Strategically located in the I-5 corridor, this property boasts over 1,000 feet of direct frontage on Commerce Way, offering unparalleled accessibility. Its central location provides convenient access to both Portland and Salem, maximizing logistical efficiency. The property sits on an 11.04-acre lot and is zoned LI - Light Industrial, permitting a wide array of industrial uses. The flexible site plan allows for adaptability to diverse operational needs. Construction of a 65,004 square foot building is slated to begin Spring 2024, with estimated completion in Q2 2025. This represents one of the last available industrial parcels in Woodburn and the surrounding region, making it a highly sought-after asset. The experienced ownership ensures a smooth path to tenancy or ownership. Both sales and leases are available. This prime location and flexible zoning create an ideal environment for businesses seeking a strategic foothold in the thriving Oregon industrial market. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1414 Commerce Way

    General Information

    Property type
    Distribution properties
    Square Feet
    154,127 SF
    Lot Size
    480,902 SF

    HighLights

    • 154,127 SF warehouse in central Woodburn, Oregon.
    • Over 1,000 feet of frontage on Commerce Way with direct access.
    • Conveniently located near Portland and Salem.
    • LI (Light Industrial) zoning allows for a wide range of industrial uses.
    • Flexible site plan available.
    • Excellent I‑5 Corridor location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodburn
    County
    Marion
    State
    Oregon
    Longitude
    -122.8482152
    Latitude
    45.1487894

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    FAQs

    What type of property is this?
    Distribution property - 154,127 SF Warehouse; I-5 Corridor
    Where is this distribution property located?
    The property is located at 1414 Commerce Way Woodburn, OR.
    What are key features of this property?
    This property features: 154,127 SF warehouse in central Woodburn, Oregon.; Over 1,000 feet of frontage on Commerce Way with direct access.; Conveniently located near Portland and Salem.
    Request Owner's contact information
    1414 Commerce Way 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
    1414 Commerce Way Woodburn, OR 97071
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