6.74-Acre Industrial Complex/Redevelopment

1011 Pleasant Valley Road Sweet Home, OR 97386

1011 Pleasant Valley Road, Sweet Home, OR, 97386
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FOR SALE
Property Type:
Factory
Amount:
$2,499,000
Last Verified:
Mar 05, 2024

Highlights

  • Redevelopment opportunity
  • In the County, not the City
  • City water
  • T1 Fiber to Site
  • Heavy 3 Phase Power on Site

Description

This industrial campus in Sweet Home features 8 commercial and 1 residential building(s) on 6.74 acres. The campus was primarily constructed in the 1930s and has had many improvements since but at least 7 of the 8 commercial buildings will require some expense to become functional. The current flex buildings offer heavy 3 phase power, and are engineered for machine work.
The gem of the site is Building D, a 21,045 SF shop building that could be easily demised into a small shop space, or for covered boat and RV storage.

Sweet Home is a city in Linn County with a population of just under 10,000 located at the base of the Cascade Mountain range. A former timber community, the area has transitioned to a recreation area adjacent to Foster Reservoir. It is also the home of the Oregon Jamboree, one of the largest country music festivals on the West Coast with approximately 13,000 attendees per day. Construction of the complex began in 1963, additions and upgrades continued into the mid 1990's.


Year Built: 1963
Building Size: 92895sq ft
Lot Size: 6.74 acres


Documents

1011 Pleasant Valley Marketing Brochure

Map of 1011 Pleasant Valley Road, Sweet Home, OR, 97386

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.