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Property profile & analytics
FOR SALE
Industrial properties

3445 W 1St Ave Eugene, OR 97402

7.22 ac lot
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US71-0473761
Property summary
AI-generated overview

This exceptional 72,760-square-foot industrial property, situated on 7.22 acres of I-3 zoned land in West Eugene, Oregon, presents a compelling investment opportunity. The site boasts a prime location with convenient access to Beltline Highway, I-5, and Highway 99 North, ensuring efficient freight transportation. The property includes a 49,500-square-foot concrete tilt-up warehouse (175' x 275'), a 25' x 200' covered loading area, and a 20,500-square-foot pre-engineered annex for covered storage. The main warehouse features 20' wide x 14' high ground-level loading doors, and both the warehouse and 2,760-square-foot office space have operational fire sprinkler systems. Ceiling heights range from 17' to 20'. The property also benefits from a functional solar panel farm on the main warehouse roof, connected to the Eugene Water and Electric grid for power generation and sale of excess energy. The site is completely paved and securely fenced. An underground storage tank was removed in 1996, with a "No Further Action" letter issued by the Department of Environmental Quality (DEQ) in 1998. The main warehouse floor slabs are in remarkably good condition. While the office area is dated, minimal remodeling could restore it to excellent condition. Rail spur access is available. The asking price is $9,095,000.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 7.22 ac (314,503 SF)
Zoning code I-3-HEAVY INDUSTRIAL
APN 17-04-27-00-00500-000
UPID US71-0473761
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • West Wind Forest Procuts Inc Big Box & Wholesale Store Building Supply
  • 3445 W. 1st. Ave. Eugene, OR 97402 Warehouse & Storage
  • McCracken Warehouse Warehouse & Storage
  • McCracken Warehousing Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
West Wind Dev LLC · 16 yrs held
West Wind Dev LLC
since 2009
7 recorded transactions
2009
Price N/A
2008
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I-3-HEAVY INDUSTRIAL · Eugene, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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