1490 Brookside St, Dallas, OR 97338-2719
This unique 7,384 square foot industrial property, situated on a 3.67-acre lot in Dallas, Oregon, presents a compelling investment opportunity. The building offers a blend of industrial and potential residential uses. The ground floor encompasses a substantial warehouse area, complemented by dedicated office space and a spacious yard. The upper two floors, currently adaptable for office use, also lend themselves to conversion into comfortable living quarters, depending on future development plans. A significant feature is the serene creek that flows through the property, adding to its picturesque setting and tranquil ambiance. The property is located in a quiet neighborhood, offering a peaceful environment. While the building requires some repairs, this is reflected in the attractive asking price, making it an ideal prospect for buyers seeking a project with significant upside potential. The substantial lot size and versatile floor plan offer considerable flexibility for a range of business or mixed-use applications. This property is a rare find, combining industrial functionality with the potential for residential conversion in a desirable location. The combination of space, location, and natural beauty makes this a truly exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IL · Dallas, ORDallas. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.