Property profile

120 Palmer Ave Cottage Grove, OR 97424

OFF-MARKET
Industrial properties
Property ID
US71-0565902
0.51 ac lot
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 21,990-square-foot industrial warehouse presents a compelling owner-user or investment opportunity in Cottage Grove, Oregon. Situated on a 1.02-acre lot encompassing two tax parcels, this well-maintained building, constructed in 1985 with reinforced concrete, offers four dock-high doors and two grade-level doors, ensuring efficient loading and unloading. The property boasts ample parking with 30 on-site spaces supplemented by street parking. Currently, the building houses two tenants: Emerald Fitness Club, leasing 17,000 square feet until December 1, 2024, with three five-year renewal options at a monthly rent of $7,000 plus utilities

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 0.51 ac (22,216 SF)
Zoning code M2- HEAVY INDUSTRIAL
APN 20-03-27-40-00406-000
UPID US71-0565902

Cap rate & NOI

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

Location

120 Palmer Ave Cottage Grove, OR 97424-9591
Cottage Grove metro Census 1301 EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.76M

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2020
$1.4M
2006
$525,000
1969
Price N/A

Zoning & alternative use

M2- HEAVY INDUSTRIAL · Cottage Grove, OR

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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