1415 Holman AveDallas, OR 97338

For Sale
$1,750,000 View listing
  • Industrial properties
  • 10 SF

Property Details for 1415 Holman Ave

Lot size
3.14 AC
Property size (Sq ft)
10 SF
Zone code
IL
Property type
Industrial properties
APN
07533-DC-00200
APU
07533DC00200

Description

Exceptional opportunity to acquire a 7-building industrial complex totaling 54,335 square feet situated on a 3.85-acre lot in Dallas, Oregon. Originally constructed in 1890 with renovations in 2019, this property boasts a main warehouse (Building 1) featuring 37,160 square feet, four grade-level doors, and 20-foot clear height ceilings. Six additional buildings range in size from 1,728 to 4,350 square feet. The property includes a 60' x 300' vacant lot suitable for development or truck/trailer parking. A former rail service area is currently utilized as a glue room with specialized ventilation. The property is zoned for industrial use and offers significant potential for various applications. The asking price is $1,750,000, representing a price per square foot of $44.17 and an 8.40% cap rate. The property's location in Polk County, Oregon, offers convenient access to major transportation routes. This unique offering presents a compelling investment opportunity with potential for lease-back arrangements. The property's APN is 149738, 149741.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,103
    Hospitality
    $1,926
    Educational
    $1,603
    Medical
    $1,658
    Retail
    $2,493
1415 Holman Ave, Dallas, Oregon

Location Insight

City
Dallas
County
Polk
State
Oregon
Latitude
44.9148
Longitude
-123.304
CBSA code
41420
CBSA name
SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,642
-
$1,014,961
$1,014,961
-
-
$1,039,330
$1,039,330

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