Philomath, OR 97370
This exceptional 4,440-square-foot industrial property in Philomath, Oregon, presents a unique investment opportunity. Situated on a spacious 1.31-acre lot, this light industrially zoned building offers a versatile layout ideal for a variety of businesses. Previously used as a trucking operation, the property boasts a substantial shop area with a durable concrete floor and two large bay doors allowing for convenient drive-through access. The well-maintained building also includes dedicated office space, perfect for administrative functions, and a second-level apartment, providing additional flexibility for owners or employees. Ample storage space is integrated throughout the building, catering to diverse operational needs. The property's strategic location just off Philomath Boulevard/Highway 20 ensures easy access to the Willamette Valley and the Oregon Coast, providing excellent connectivity for regional and statewide operations. This property is ready for immediate occupancy and offers a compelling combination of size, functionality, and location. The asking price is $1,600,000. Serious inquiries are encouraged to schedule a viewing and explore the potential of this exceptional industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.