175 Scravel Hill RdAlbany, OR 97322

  • Industrial properties
  • 31.40 AC
For Lease
$8/SF/YR View listing

Property Details for 175 Scravel Hill Rd

Year built
1995
Lot size
31.40 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
11S 03W 02 00800
APU
11S03W0200800

Description

This 19,675-square-foot industrial warehouse in Albany, Oregon, is available for lease. Located at 175 Scravel Hill Rd NE, this single-story building boasts 18-foot ceilings, four loading docks, two dock-high doors, and one drive-in door. Built in 1995, the property sits on a 2.34-acre lot and is zoned EFU (Exclusive Farm Use). The warehouse features an attached 1,800-square-foot office space with a reception area, four offices, a kitchenette, and a breakroom. The property enjoys high visibility and easy access to Interstate 5, placing it at the heart of the Albany Industrial/Distribution market near major distribution centers like Target and FedEx Ground. Numerous local amenities are also within easy reach. A minimum five-year lease is preferred, with NNN terms. The property will be available for occupancy on January 1, 2025. The asking lease rate is $8 per square foot annually. This prime location offers unparalleled access to major transportation routes and is ideal for industrial, warehouse, and distribution operations with an agricultural focus. The property's address is 175 Scravel Hill Rd NE, Albany, OR 97322, and its APN is 0069019. Linn County is the location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $328,442,336
    Hospitality
    $300,851,392
    Educational
    $250,304,832
    Medical
    $258,913,200
    Retail
    $389,363,072
175 Scravel Hill Rd, Albany, Oregon
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Location Insight

City
Albany
County
Linn
State
Oregon
Latitude
44.6428
Longitude
-123.023
CBSA code
10540
CBSA name
ALBANY-LEBANON, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,803
-
-
$745,138
-
$414,710
$893,030
$1,307,740

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