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    OFF-MARKET
    Industrial properties

    3661 Olympic St, Springfield, OR 97478-5668

    Individually Owned Free & Clear
    Property ID
    US71-1591116
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    APN 17-02-30-00-02107-902
    UPID US71-1591116
    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
    • Oregon's Only Hotel & Motel
    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
    OREGON ONLY ORGANICS
    OREGON ONLY ORGANICS
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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