Property profile

78722 County 737 Rd Athena, OR 97813

OFF-MARKET
Commercial real estate
6,990 SF 0.81 ac lot Built 1940
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Property summary

AI-generated overview

This 6,990 square foot general commercial warehouse is strategically located just off Highway 11 at the Athena exit in Athena, Oregon. Boasting a durable concrete floor, this versatile property offers ample storage space ideal for a variety of uses. Currently configured as a grain storage facility, its adaptability extends to numerous other applications, including farm equipment storage, RV and motorhome storage, or even repurposing for alternative commercial ventures, subject to Umatilla County Planning Regulations. The 0.81-acre lot provides convenient access and ample space. The seller has recently reduced the price to $175,000, presenting a compelling opportunity for investors and business owners alike. An informational packet is available, providing further details on the property. Prospective buyers are encouraged to conduct thorough due diligence regarding operational costs, building condition, and utility services to fully assess the property's suitability for their intended use. This property presents a unique chance to acquire a well-situated commercial space with significant potential for growth and diverse applications. Don't miss this chance to own a piece of Athena's commercial landscape.

Property profile

Verified
Property type Commercial real estate
Year built 1940
Total area 6,990 SF
Lot 0.81 ac (35,284 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

78722 County 737 Rd Athena, OR 97813
Athena metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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