3661 Olympic St Springfield, OR 97478
- Industrial properties
Current Use by Public Records
- Oregon's Only / Hotel
Property Details for 3661 Olympic St
- Property type
- Industrial properties
- APN
- 17-02-30-00-02107-902
- APU
- 1702300002107902
Description
This exceptional three-building industrial campus in Springfield, Oregon, presents a unique investment and/or owner-user opportunity. Encompassing a total of 63,340 square feet on a 3.1-acre lot zoned for heavy industrial use, this property offers significant flexibility. The buildings range in size from 19,716 square feet to 24,624 square feet, allowing for the purchase of one, two, or all three structures. The asking price for the entire campus is $7,000,000, with individual building pricing available. Strategically located near Highway 126, less than half a mile from the I-5 interchange, this campus benefits from excellent access to major transportation routes. Its proximity to numerous industrial users and national retailers like Walmart, Jerry's, and Target further enhances its appeal. The property's location in Springfield, Oregon, is particularly advantageous, given the area's limited industrial land availability, strict urban growth boundaries, high barriers to entry, and a business-friendly environment. This combination of factors has contributed to strong value appreciation in the local industrial real estate market. The buildings are classified as Class B and are currently vacant, providing a blank canvas for a new owner's vision. This is a rare opportunity to acquire a substantial industrial property in a thriving location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Lane
- State
- Oregon
- Longitude
- -122.975
- Latitude
- 44.0591
- CBSA code
- 21660
- CBSA name
- EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA
