Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3151 Waconda Rd Gervais, OR 97026

    • Life science properties
    • 70,169 SF
    • 5.07 lot acres
    For Lease
    View listing
    $8 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US71-0682478
    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

    • Kuzushi Project Inc / Corporate Office

    Property Details for 3151 Waconda Rd

    Lot size
    5.07 lot acres
    Property size
    70,169 SF
    Property type
    Life science properties
    Property subtype
    Flex space

    Description

    This exceptional Gervais, Oregon industrial property, located at 3151 Waconda Rd NE, offers a diverse range of spaces ideal for manufacturing, distribution, warehousing, flex, or R&D operations. The park comprises four buildings totaling 70,169 square feet, situated on a 5.07-acre lot with 445 feet of frontage. Currently, there are 11 suites, with 14,623 square feet of vacant space available, ranging from 1,200 to 14,623 square feet. The property boasts excellent access to Interstate-5, providing seamless transportation links. Building amenities include four loading docks, four dock-high doors, and two drive-in doors, supported by heavy power. Renovated in 2024, this property is zoned EFU and is part of the Salem submarket. The property's location in the Willamette Valley offers a blend of small-town charm and modern conveniences. This multi-tenant property presents a unique opportunity for businesses seeking versatile and well-equipped industrial space in a desirable location. The property's strategic location and modern features make it an attractive option for a variety of industrial uses. The 97026 zip code provides easy access to local amenities and transportation networks.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gervais
    County
    Marion
    State
    Oregon
    Longitude
    -122.99242398101
    Latitude
    45.074497570863

    Similar Nearby for Sale

    • New
      $890,000
      6.94 Acres

      Gervais, OR Light Industrial Land

      6.94 acres of light industrial land in Gervais, Oregon.
      Checkerboard Rd NE, Gervais, OR 97026
      View Details
    • $265,000

      Land Adjacent to State Park

      Building lot near Willamette River with park access.
      1 Matheny Rd, Gervais, OR 97026
      View Details
    • $3,500,000
      12,000 SF

      New Mixed-Use Building in Gervais

      New apartments and retail spaces in downtown Gervais, Oregon.
      600 4Th St, Gervais, OR 97026
      View Details
    • $3,149,000
      211.00 Acres

      Willamette Valley Riverfront Farm

      Prime Agricultural Land, 211 Acres
      1491 Matheny Rd, Gervais, OR 97026
      View Details
    • $3,500,000
      0.46 Acres

      New Mixed-Use Investment Opportunity

      New apartments and retail spaces in downtown Gervais, Oregon.
      600 4Th St, Gervais, OR 97026
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3151 Waconda Rd
    Gervais, OR 97026
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.