575 Bay Blvd Toledo, OR 97391
This exceptional 1.14-acre property at 575 N Bay Boulevard in Toledo, Oregon (97391) presents a unique investment opportunity. The property boasts a 2,430 square foot warehouse built in 1932, situated on a generous 49,658.4 square foot lot. Its strategic location offers convenient access to Depot Slough, with the Toledo Mill to the west, and Toledo Marina Maintenance offices to the south. Across the slough to the north lies Less Swab. The property's LI zoning makes it ideal for a variety of uses, including a new warehouse, manufacturing facility, or office space. The site features mature timber on the hillside, adding to its character and potential. The asking price is $285,000. Prospective buyers are responsible for conducting their own due diligence to verify permitted uses. This property offers significant potential for growth and development in a desirable location. Don't miss this chance to acquire a versatile industrial property in a thriving Oregon community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.