55 Q StCottage Grove, OR 97424

Property Details for 55 Q St

Lot size

0.44 AC

Zone code

FF20-FARM-FORESTRY 20 AC

Property type

Commercial real estate

APN

20-03-29-42-02402-000

APU

2003294202402000

Description

This exceptional investment opportunity presents a 42,400 square foot warehouse situated on a 2.99-acre lot in Cottage Grove, Oregon. The property, built in 1920 and zoned RC, boasts a spacious interior ideal for various industrial uses, including its previous use as a greenhouse and cultivation facility. Features include 39,000 square feet of rolling benches, an advanced irrigation system, and four 2,500-gallon water storage tanks. Water rights are secured through both creek and well sources. A convenient loading dock facilitates efficient commercial distribution, and ample additional storage space is available for delivery vehicles or fleet management. The property also includes a separate 1926 Craftsman-style house with three bedrooms and 1.5 bathrooms located at 1726 W Main St, offering a charming residential component. The asking price is $999,000, translating to $28.66 per square foot. Seller financing options may be available. The property's tax account numbers are 1759719, 1759727, and 0902815. This turnkey operation presents a unique opportunity in Oregon's Willamette Valley. Buyer due diligence is recommended.

• CAP approach

  CAP return

  Valuation

  6%

  $4,283,950

  6.5%

  $3,954,410

  7%

  $3,671,960

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,910,900

  Geo Method

  $4,910,900

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $7,497,530

  Retail / Commercial

  $3,901,040

  Mixed-Use / Specialty

  $3,931,530

  Hospitality / Lodging

  $2,942,240

  Office

  $3,954,410

  Institutional / Educational

  $4,103,070

  Residential Income

  $4,800,590

  Multifamily

  $5,511,440

  Automotive / Energy

  $3,516,920

  Parking / Income-Based Land

  $1,169,780

  Restaurant / Food Service

  $2,139,570

  Healthcare / Senior Housing

  $3,986,180

Location Insight

City

Cottage Grove

County

Lane

State

Oregon

Latitude

43.7982

Longitude

-123.076

CBSA code

21660

CBSA name

EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].