Property profile

361 Shelley St Springfield, OR 97477

OFF-MARKET
Warehouses
5,400 SF
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Property summary

AI-generated overview

This exceptional 5,400-square-foot warehouse, located at 361 Shelley Street in Lane County, presents a fantastic leasing opportunity. The property boasts a single-tenant occupancy, ideal for businesses seeking ample space and privacy. The warehouse itself features two overhead doors and two restrooms, ensuring efficient operations and employee convenience. A significant advantage is the inclusion of a 1,100-square-foot second-floor office space, complete with its own restroom, providing a dedicated area for administrative functions or executive offices. The building is equipped with a fire sprinkler system, enhancing safety and security. Further enhancing security, the property is fully fenced and gated. The zoning designation is Light Medium Industrial (LMI), allowing for a wide range of industrial uses. The monthly rent is $4,950, modified gross, making this a cost-effective solution for businesses seeking a well-appointed and secure warehouse space. The property's size, features, and location in Lane County make it an attractive option for various industrial operations. This is a rare opportunity to secure a functional and well-maintained warehouse in a desirable location. Contact us today to schedule a viewing.

Property profile

Verified
Property type Warehouses
Total area 5,400 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Training Center
  • Big Box & Wholesale Store
  • Sports School
  • Gas Station
  • Moving Company

Location

361 Shelley St Springfield, OR 97477
Springfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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