2910 Three Lakes Rd Albany, OR 97322
This exceptional industrial property in Albany, Oregon, presents a rare opportunity. Located at 2910 Three Lakes Rd SE, 97322, this expansive site offers over 68 acres of land with Interstate 5 frontage, providing unparalleled access and visibility. The property is zoned for industrial development and can accommodate a massive distribution facility up to 1,170,775 square feet, or smaller build-to-suit options starting at 150,000 square feet. The proposed design includes 797 car parking spaces and 250 trailer stalls. The building would feature 122 dock-high doors with three-sided loading, a 36-foot clear ceiling height, and column spacing of 60' x 56'. The building's dimensions would reach 600' wide and 2,024' long. Four points of ingress/egress ensure efficient traffic flow. Conveniently located just 0.6 miles from Interstate 5 (exit 233), this site offers exceptional logistics advantages. The owner is open to selling the land as a whole or in parcels as small as 25 acres. Build-to-suit opportunities are also available, with the owner willing to construct buildings ranging from 150,000 to 1,170,775 square feet. This is a truly unique opportunity to acquire a prime industrial site in a strategic location. The property is currently vacant and available for lease under a NNN lease structure. The single-story building sits on a lot ranging from 20 to 68.68 acres.
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
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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.