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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    200 Industrial Way NE Mount Angel, OR 97362

    • Distribution centers
    • 82,482 SF
    • 6.76 lot acres
    For Lease
    View listing
    $7 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0655293
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Distribution centers

    Property Details for 200 Industrial Way NE

    Year built
    1980
    Lot size
    6.76 lot acres
    Property size
    82,482 SF
    Zone code
    IL
    Property type
    Distribution centers
    APN
    061W03C 00700
    APU
    061W03C00700

    Description

    This exceptional 15,100-square-foot warehouse, located at 200 Industrial Way in Mt. Angel, Oregon, presents a significant opportunity for industrial businesses. Built in 1980, the single-tenant property boasts a spacious layout ideal for various operations. The building features an impressive 18-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by one loading dock and three dock-high doors, ensuring efficient material handling. The property is zoned IL (Light Industrial), allowing for a wide range of permitted uses. Situated in Marion County, Oregon, with a 97362 zip code, this warehouse offers convenient access to major transportation routes, making it an attractive location for businesses needing efficient logistics. The entire 15,100 square feet is currently vacant and ready for immediate occupancy. This presents a unique chance to customize the space to perfectly suit your specific operational needs. The property's strategic location and functional design make it an excellent choice for businesses seeking a well-maintained and efficient warehouse in a thriving Oregon community. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,795,000
      Market price range: $9.65M - $25.5M
      AI Estimate
      $9,795,000
      Market price range: $9.65M - $25.5M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $15,855,000
      Current use
      RETAIL STORES
      $16,270,000
      Change: +3% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $14,805,000
      Change: -7% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mount Angel
    County
    Marion
    State
    Oregon
    Longitude
    -122.799
    Latitude
    45.0757
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN 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
    $53,824
    $0.00
    $0.00
    $2,943,010
    -
    $623,250
    $6,529,200
    $7,152,450

    Comparable in this City

    • Value Estimation by Request
      3,905 SF

      390 Church St

      WAREHOUSE, STORAGE • 3,905 SF
      390 Church St, Mount Angel, OR 97362
      View Details
    • Value Estimation
      $770,000
      6,212 SF

      220 Academy St

      WAREHOUSE, STORAGE • 6,212 SF
      220 Academy St, Mount Angel, OR 97362-9573
      View Details
    • Value Estimation by Request
      0.18 Acres

      140 Palmer St

      WAREHOUSE, STORAGE • 0.18 Acres
      140 Palmer St, Mount Angel, OR 97362-9638
      View Details
    • Value Estimation by Request
      800 SF

      13007 Downs NE Rd

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 800 SF
      13007 Downs NE Rd, Mount Angel, OR 97362
      View Details
    • Value Estimation
      $1,715,000
      14,648 SF

      240 Garfield St

      WAREHOUSE, STORAGE • 14,648 SF
      240 Garfield St, Mount Angel, OR 97362-8910
      View Details
    • Value Estimation
      $865,000
      4,400 SF

      335 Franklin St

      WAREHOUSE, STORAGE • 4,400 SF
      335 Franklin St, Mount Angel, OR 97362-9671
      View Details

    Similar Nearby for Sale

    • $1,675,000

      Residential Development Opportunity in Mt. Angel

      6-acre land suitable for residential development in Mt. Angel.
      12374 W Church Rd NE, Mount Angel, OR 97362
      View Details
    • $180,000

      Commercial Lot in Growing Area

      0.29 acre commercial lot ready to be reimagined.
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    • $999,900
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    200 Industrial Way NE
    Mount Angel, OR 97362
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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