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Property profile

78049 Or-207 Hermiston, OR 97838

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This versatile Hermiston, Oregon industrial property, located at 78049 OR-207, offers a range of spaces ideal for manufacturing, warehousing, distribution, or flex uses. Situated in Umatilla County, this well-maintained building boasts convenient access to both Highway 207 and Interstate 84, ensuring efficient transportation and logistics. Originally constructed as a potato packing shed, the property has undergone modifications. Packing equipment is being removed, resulting in large, open areas perfect for various industrial applications, complemented by smaller adjacent spaces suitable for offices or specialized operations. The available space ranges from 2,000 square feet to 50,000 square feet, providing flexibility to accommodate businesses of varying sizes. Note that adjacent potato cellars are not included in the lease. The property's location in Hermiston, Oregon, zip code 97838, offers a strategic advantage for businesses seeking access to key transportation routes and a thriving regional economy. This is a unique opportunity to secure a well-located, adaptable industrial space with significant potential. Multiple tenancy options are available.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

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

Location

78049 Or-207 Hermiston, OR 97838
Hermiston metro
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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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