495 N Holladay St Cornelius, OR 97113
- Warehouses
- 176,755 SF
- 9.90 lot acres
Current Use by Public Records
- Greatwide Dedicated Transport / Freight Forwarding Service
- JSTT WAREHOUSE AND LAND / Warehouse
Property Details for 495 N Holladay St
- Year built
- 1991
- Lot size
- 9.90 lot acres
- Property size
- 176,755 SF
- Zone code
- M1
- Property type
- Warehouses
- APN
- 1N333DB-01000
- APU
- 1N333DB01000
Description
This exceptional 58,500-square-foot warehouse boasts a prime location on the west side, offering unparalleled access to Highway 26 and proximity to Hillsboro. The property is currently vacant and ready for immediate occupancy by a single tenant. The building features impressive ceiling heights ranging from 25 to 28 feet, providing ample vertical space for storage and operations. Loading and unloading are facilitated by one loading dock and an impressive 21 dock-high doors, ensuring efficient material handling. Recent renovations have significantly enhanced the property, including a complete lighting upgrade and a modernized sprinkler system. Beyond the warehouse space, the property also includes updated office areas, adding to its functionality and appeal. Situated in Washington County, this warehouse presents a rare opportunity for businesses seeking a modern, well-maintained facility in a strategic location with easy highway access. The expansive square footage, combined with the recent improvements and convenient location, makes this an ideal space for a variety of industrial operations. The large vacant space allows for complete customization to meet specific tenant needs. This is a truly exceptional opportunity to secure a high-quality industrial space in a highly desirable area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,745,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $12,250,000
- 6.5%
- $10,325,000
- 7%
- $10,835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $10,435,000
- Geo Method
- $11,665,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $11,790,000
- Retail
- $13,280,000
- Mixed-Use
- $12,930,000
- Hospitality
- $12,005,000
- Educational
- $13,470,000
- Residential Income
- $9,910,000
- Energy
- $13,330,000
- Income-Based Land
- $12,935,000
- Food Service
- $9,885,000
Location Insight
- Map
- Local Demand
- City
- Cornelius
- County
- Washington
- State
- Oregon
- Longitude
- -123.064
- Latitude
- 45.5254
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
