Property summary
This exceptional 3,992 square foot ground-level office suite in Albany, Oregon, is available for immediate occupancy. Located at 3615 Spicer Dr SE, 97322, in Linn County, this single-tenant space is ideal for a variety of uses. The building currently houses a compatible rehabilitation and therapy center, making it a particularly attractive option for similar businesses. The existing zoning is a combination of Urban Growth Mgmt 5 Acre Minimum (UGM-5) and Urban Growth Area-Rural Residential-1 (UGA-RR-1), with a conditional use permit already in place for rehabilitation and therapy services. Please note that daycare providers are not currently permitted on the site. The property offers a flexible layout suitable for traditional office, medical office, or creative office uses. The lease rate is $1.25 per square foot per month, NNN. This presents a unique opportunity to secure a well-located, readily available office space in a thriving community. The property's location provides convenient access to local amenities and transportation routes. Interested parties should inquire promptly to schedule a viewing.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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High School Daycare Center
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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