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Property profile & analytics
OFF-MARKET Estimated value $520,000
Warehouses

53026 Thornton Dr Scappoose, OR 97056-3001

8,800 SF 9.39 ac lot Built 1973
Entity Owned ~ Est. High Equity
Property ID
US71-0482736
Property summary
AI-generated overview

This exceptional industrial property, located at 53026 NW Thornton Dr, Scappoose, Oregon 97056, presents a compelling investment opportunity. The warehouse, built in 1973, offers 8,800 square feet of versatile space, ideal for a variety of industrial uses. The building features multiple separate entrances and includes office space, enhancing its functionality and appeal. Situated on a substantial 9.39-acre lot, this property boasts significant expansion potential. Its LI zoning designation provides flexibility for future development. A key advantage is the property's prime location, offering direct visibility from Highway 30, a major thoroughfare with an estimated daily traffic count of 32,000 vehicles. This high visibility ensures excellent exposure for any business operating from this location. The asking price for this vacant warehouse is $3,800,000. Columbia County location provides access to key transportation routes and a growing regional economy. This property is ready for immediate occupancy and represents a rare opportunity to acquire a well-positioned industrial asset in a desirable market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Total area 8,800 SF
Lot 9.39 ac (409,028 SF)
Zoning code SC:LI
APN 3201-C0-02701
UPID US71-0482736
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
  • 503 Mobile Tire Shop - Scappoose (Bike/Boat/Book/etc) Store Auto Parts Store
  • OXBO Mega Transport Solutions - OXBO Inc. Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
$611k
Blend (final) Blend
$520k
Owner & transaction history
Ofstad Investments LLC
Ofstad Investments LLC
since 2026
7 recorded transactions
2026
$3.4M
2026
Price N/A
2018
Price N/A
2018
$1.7M
2017
Price N/A
2012
Price N/A
2007
Price N/A
Zoning & alternative use
SC:LI · Scappoose, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $850,000 +84.2%
Neighborhood: shopping center $540,000 +16.8%
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