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Property profile & analytics
FOR SALE
Retail space

350 NW Hickory St Albany, OR 97321

14,826 SF 3.1 ac lot Built 1958
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US71-0678758
Property summary
AI-generated overview

This exceptional 15,000 square foot free-standing retail building presents a unique investment opportunity. Situated on approximately 1.75 acres of land with prominent Highway 20 frontage, this property boasts high visibility and accessibility. Currently vacant, the entire space is available for lease, offering a blank canvas for a wide range of commercial ventures. The property is zoned C.C., allowing for diverse commercial uses. Its strategic location next to Samaritan hospital clinics ensures a steady stream of potential customers. An added benefit is the availability of an adjoining 1.35-acre lot, also for sale, providing potential for expansion or additional development. The C.C. zoning allows for both commercial and multi-family residential uses, opening up a range of possibilities for future development on this adjacent parcel. This property offers a rare combination of size, location, and zoning flexibility, making it an ideal choice for businesses seeking a high-impact presence in a thriving area. The substantial lot size provides ample parking and potential for outdoor amenities. Serious inquiries are encouraged to explore this exceptional retail opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Total area 14,826 SF
Lot 3.1 ac (135,036 SF)
Zoning code CC
APN 11306CB00203
UPID US71-0678758
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
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Peaceful Valley Farm & Garden Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hals Den LLC · 5 yrs held
Hals Den LLC
since 2020
7 recorded transactions
2020
Price N/A
2019
$1.6M
2013
Price N/A
2005
$400,000
2001
$200,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CC · Albany, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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