29879 Or-34 Philomath, OR 97333
This 17,000-square-foot flex/warehouse building in Philomath, Oregon, is situated on a 1.83-acre lot at the intersection of Highway 34 and Riverside Drive, offering excellent access to I-5, Albany, and Corvallis. Built in 1985, this single-story structure features 23-foot ceilings, two loading docks, and one dock-high door. The property is zoned for industrial use by Linn County, allowing for diverse applications including retail, storage, and more. The building is currently used as a warehouse/showroom but is available with 30 days' notice. It's fully climate-controlled (heated and air-conditioned). The asking price is $2,250,000, or $132.35 per square foot. Owner financing may be available. This presents a significant opportunity for owner-users seeking a versatile industrial space in a prime location. The property's convenient access to major transportation routes and its flexible zoning make it an attractive investment.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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