39188 Highway 226Scio, OR 97374

  • Retail properties
  • 0.50 AC
For Sale
$650,000 View listing

Property Details for 39188 Highway 226

Year built
2019
Lot size
0.50 AC
Property type
Retail properties
APN
10S 01W 17 01300
APU
10S01W1701300

Description

This exceptional 21,780 square foot industrial property, situated on a half-acre lot in Scio, Oregon, presents a unique investment opportunity. The main building, constructed in 2019, boasts a spacious 4,300 square foot shop/warehouse area, conveniently located on Highway 226 for easy accessibility. The structure features a sturdy 43' x 100' slab-on-grade foundation with 16' eves, ensuring ample headroom and workspace. The fully insulated metal building is equipped with six generously sized roll-up doors (four measuring 12' x 12' and two measuring 12' x 14'), facilitating efficient loading and unloading. Power is supplied by a robust 300-amp single-phase system, complemented by energy-efficient LED lighting throughout. A dedicated central office and reception area provides comfortable administrative space. The property is fully fenced for enhanced security and includes three lifts, an air compressor, and an oil-burning heating system for year-round comfort. Additional tools and equipment are negotiable, offering potential buyers flexibility to customize their operations. This turnkey industrial space is ready for immediate occupancy and presents a compelling opportunity for a variety of businesses. The property's prime location and modern features make it an ideal choice for those seeking a functional and well-maintained industrial facility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,970,881
    6.5%
    $7,357,736
    7%
    $6,832,184
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,674,122
    Geo Method
    $14,063,337
  • Alternative Use

    Use
    Valuation
    Residential
    $6,206,526
    Hospitality
    $5,685,144
    Educational
    $4,729,974
    Medical
    $4,892,644
    Retail
    $7,357,736

Location Insight

City
Scio
County
Linn
State
Oregon
Latitude
44.7039
Longitude
-122.84
CBSA code
10540
CBSA name
ALBANY-LEBANON, OR MICROPOLITAN 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
$2,325
-
-
$199,160
-
$131,970
$132,010
$263,980

FAQs

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