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Property profile & analytics
OFF-MARKET
Warehouses

0 Evergreen Rd Woodburn, OR 97071

502,806 SF 29.57 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional Class A industrial property, I-5 Logistics Center East, presents a rare opportunity in Woodburn, Oregon's thriving market. Situated on a 29.57-acre site, this 502,806 square foot warehouse boasts 513,193 square feet of vacant space, divisible to 260,000 square feet, making it ideal for multiple tenants. The building, completed in 2023, features a modern design with a 36-foot clear height ceiling, 100 dock-high doors, and 4 drive-in doors. Ample parking is provided with 102 trailer spaces and 440 auto parking spaces, supported by three dedicated truck court ingress/egress points and a separate employee entrance. The facility is equipped with a robust 3000-amp, 480v electrical service, expandable as needed, and a 600 PSF floor load. A cross-dock design with trailer parking on both sides optimizes efficiency. The property's strategic location along I-5 offers unparalleled freeway access, placing it in close proximity to major distribution centers, including a nearby Amazon fulfillment center. This shovel-ready site, approved by the city, is ready for immediate development, with a build-to-suit option offering a 14-month delivery timeline from contract execution. The property includes an ESFR sprinkler system and the possibility of full perimeter security fencing. This is one of the few sites in the Portland Metro area capable of immediately accommodating a building exceeding 500,000 square feet.

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 502,806 SF
Lot 29.57 ac (1,288,069 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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