Scravel Hill Rd, Albany, OR 97322
This exceptional industrial property, situated on approximately 31.4 acres in Albany, Oregon, presents a unique investment opportunity. The main structure encompasses roughly 17,640 square feet of warehouse space, complemented by approximately 1,800 square feet of well-appointed office area. Conveniently located approximately two miles east of Interstate 5 access, this property boasts excellent accessibility. The warehouse features a steel-frame, metal-clad construction with ceiling heights ranging from 18 to 23 feet. Insulation is in place, and the building offers convenient access via overhead, roll-up, and standard doors. A two-bay truck well ensures efficient loading and unloading. The warehouse also includes a restroom and dedicated private office space. The office area is thoughtfully designed with a reception area, a mix of open and private office spaces, a break room, and two restrooms. The property benefits from a robust 600-amp electrical service (split into three areas), a well, septic system, natural gas, and propane hookups. A paved parking lot provides seven designated parking spaces and ample room for truck circulation. Beyond the main building, this expansive property includes approximately 27 acres of cropland, characterized by Class 2/3 soils and efficient drainage tiling. This combination of industrial space, office amenities, and fertile cropland makes this a truly versatile and valuable asset.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.