27630 Llewellyn RdCorvallis, OR 97333

Property Details for 27630 Llewellyn Rd

Year built

1994

Lot size

4.39 AC

Property size (Sq ft)

6,651 SF

Zone code

EFU,AI

Property type

Office properties

Property subtype

Other office properties

APN

135030000900

APU

135030000900

Description

This exceptional 39,174 square foot industrial property in Corvallis, Oregon, offers a unique blend of executive office and warehouse space. Situated on a 4.29-acre lot with convenient Highway 99 frontage, this NNN-leased property features 25' & 18' ceiling heights, three dock-high doors, and ample space for various uses. Currently, a single tenant occupies approximately 10,000 square feet under a recently signed three-year lease, generating a monthly income of $6,437.50 plus NNN expenses. The property is zoned AI, making it ideal for agricultural processing, storage, manufacturing, or distribution. Available space ranges from 5,934 to 23,400 square feet, presenting a significant opportunity for expansion or additional tenants. The asking price is $3,850,000. This property represents a rare combination of location, size, and functionality in the heart of Oregon's Willamette Valley. The building's features include heavy power and both grade-level and dock-level access. The property's location in Benton County, Oregon, provides easy access to major transportation routes and a thriving agricultural community. This is a prime investment opportunity with strong potential for future growth and income generation. The property's address is 27630 Llewellyn Rd, Corvallis, OR 97333, and its APN is 135030000900.

• CAP approach

  CAP return

  Valuation

  6%

  $1,362,851

  6.5%

  $1,258,016

  7%

  $1,168,158

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,704,186

  Geo Method

  $1,704,186

• Alternative Use

  Use

  Valuation

  Residential

  $1,559,940

  Hospitality

  $1,428,897

  Educational

  $1,188,826

  Medical

  $1,229,711

  Retail

  $1,849,284

Location Insight

City

Corvallis

County

Benton

State

Oregon

Latitude

44.4758

Longitude

-123.274

CBSA code

18700

CBSA name

CORVALLIS, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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