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Weyerhaeuser Trucking Facility 3923 Old Salem Rd NE 16,754 SF Industrial Building Albany, OR 97321 $3,850,000 ($229.80/SF)
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Investment Highlights
- 9-acre lot with 5.5 acres of industrial outdoor storage, featuring trucking functionality, partial paving, and full site lighting,
- Less than 1 minute from Interstate-5, providing exceptional connectivity to Portland, Eugene, and major Pacific Northwest distribution routes.
- Multiple ingress and egress points enhance truck circulation, site accessibility, and operational efficiency for transportation-dependent businesses.
- Warehouse with dedicated office space, six grade-level doors, multiple drive-thru bays, and 19-foot clear height for flexible operations.
- Prime location surrounded by manufacturing and industrial users, designed to support repair, fleet storage, and service operations.
- Access a growing trade area of over 83,000 residents and over $1.1 Billion In consumer spending within Albany's expanding economic market.
Executive Summary
Discover 3923 Old Salem Road, a premier industrial outdoor storage and trucking facility strategically located in Albany, Oregon. Situated less than 1 minute from Interstate 5 on- and off-ramps, this highly functional industrial property offers exceptional regional connectivity, with convenient access to Eugene in approximately 45 minutes and Portland in approximately 1 hour. 3923 Old Salem Road features a 16,754-square-foot warehouse and office facility on approximately 9 acres, including roughly 5.5 acres of improved industrial yard space. The partially paved, fully illuminated site is ideally suited for users in transportation, logistics, fleet operations, truck maintenance, equipment storage, contractor yards, distribution, manufacturing support, and industrial outdoor storage (IOS).
The warehouse includes six grade-level doors, multiple drive-through bays, and drive-through capability designed to maximize operational efficiency and vehicle circulation. Three drive-in doors, each measuring approximately 8 feet by 14 feet, provide flexible access for trucks, equipment, and service vehicles. With a 19-foot clear height and dedicated office space, the property supports a wide range of industrial and transportation-related operations while providing on-site administrative functionality. Multiple ingress and egress points further enhance accessibility and traffic flow for commercial vehicles.
3923 Old Salem Road is surrounded by established industrial and manufacturing users, creating a strong business environment and long-term investment appeal. Albany's growing population of more than 83,000 residents and over $1.1 billion in annual consumer spending provides access to a robust labor pool and expanding economic base. The site offers flexibility, visibility, and access necessary to support operations, while benefiting from Albany's continued economic growth and its central location.
The warehouse includes six grade-level doors, multiple drive-through bays, and drive-through capability designed to maximize operational efficiency and vehicle circulation. Three drive-in doors, each measuring approximately 8 feet by 14 feet, provide flexible access for trucks, equipment, and service vehicles. With a 19-foot clear height and dedicated office space, the property supports a wide range of industrial and transportation-related operations while providing on-site administrative functionality. Multiple ingress and egress points further enhance accessibility and traffic flow for commercial vehicles.
3923 Old Salem Road is surrounded by established industrial and manufacturing users, creating a strong business environment and long-term investment appeal. Albany's growing population of more than 83,000 residents and over $1.1 billion in annual consumer spending provides access to a robust labor pool and expanding economic base. The site offers flexibility, visibility, and access necessary to support operations, while benefiting from Albany's continued economic growth and its central location.
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Property Facts
| Price | $3,850,000 | No. Stories | 1 |
| Price Per SF | $229.80 | Year Built | 1983 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 4.66/1,000 SF |
| Property Subtype | Truck Terminal | Clear Ceiling Height | 19’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 9.09 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 16,754 SF | ||
| Zoning | GI - General Industrial – City of Millersburg | ||
| Price | $3,850,000 |
| Price Per SF | $229.80 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 9.09 AC |
| Rentable Building Area | 16,754 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Tenancy | Single |
| Parking Ratio | 4.66/1,000 SF |
| Clear Ceiling Height | 19’ |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | GI - General Industrial – City of Millersburg |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Gardner Trucking Inc
- Transportation and Warehousing
- -
- -
- -
Gardner Trucking is a transportation and logistics company that focuses on freight hauling and related supply-chain services. The business offers specialized regional truckload work alongside drayage and warehousing, with service lines that include customized freight transportation, refrigerated transport, and truckload solutions. The company began as a family business and was acquired by CRST International in 2016, which broadened the combined portfolio into warehousing, drayage, and regional van transportation. Gardner Trucking serves industrial customers across sectors such as paper and packaging, food and beverage, wood products, and metal and plastic containers.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Gardner Trucking Inc | Transportation and Warehousing | - | - | - |
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Portland
653,115
66
1 h 22 m
Seattle
744,955
237
4 h 44 m
Sacramento
508,529
516
9 h 50 m
Stockton
311,178
559
10 h 37 m
Oakland
429,082
565
10 h 43 m
San Francisco
883,305
568
10 h 50 m
Access and Labor Force
10 Miles
Total Population
83,528
Total Labor Force
42,565
Unemployment Rate
4.21%
Median Household Income
$83,850
Warehouse Employees
6,690
High School Education Or Higher
93.00%
Nearby Amenities
Retail |
||
|---|---|---|
| Gardner Trucking Inc | Other Services | In Building |
| R L Reimers Co | Real Estate | 2 min walk |
| J & H Trucking Inc | Automotive | 8 min walk |
| Industrial Power Systems | Hardware | 14 min walk |
| Corrquest | Business/Copy/Postal Services | 15 min walk |
| Wild West Seeds | Discount Store | 16 min walk |
Hotels |
|
|---|---|
| Quality Inn |
62 rooms
6 min drive
|
| Holiday Inn Express |
71 rooms
5 min drive
|
| Comfort Suites |
86 rooms
5 min drive
|
| Best Western Plus |
74 rooms
8 min drive
|
| Rodeway Inn |
76 rooms
8 min drive
|
Property Taxes
| Parcel Number | 0044442 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,527,440 |
Property Taxes
Parcel Number
0044442
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,527,440
About the Seller
Read More
Other Properties in the STONEMONT FINANCIAL GROUP Portfolio
Sale Advisors
Sale Advisors
Brody Cohen, SIOR, Senior Vice President
Brody joined Capacity Commercial Group in May of 2019 following multiple years of experience selling commercial and residential real estate throughout the Portland Metro area with another boutique brokerage. He is committed to providing nothing but the highest quality of real estate services to his clients. Brody will go above and beyond to assist his clients in leasing, selling or acquiring commercial properties. If you are looking for a broker with extensive industry knowledge, talented negotiation skills and passion, look no further. In his free time, Brody enjoys golfing, exploring the outdoors, and enjoying the vibrant cultural scene of the Portland Metro area.
Mike Hale, SIOR, Principal
Born and raised in Portland, Mike has been an integral part of the industrial real estate market here in town. Specializing in industrial leasing and sales for local, regional and national companies, clients have benefited from his strategic approach in understanding their current and long-term goals. In doing this, he has represented a list of companies within the food production, manufacturing and warehousing sectors of the industry.
Prior to joining Capacity Commercial Group, Mike worked at JLL and Norris, Beggs and Simpson as an industrial broker.
In 2021, Mike Hale earned the prestigious Society of Office and Industrial Realtors (SIOR) designation.
In his free time, he enjoys snow skiing, mountain biking and golfing.
Prior to joining Capacity Commercial Group, Mike worked at JLL and Norris, Beggs and Simpson as an industrial broker.
In 2021, Mike Hale earned the prestigious Society of Office and Industrial Realtors (SIOR) designation.
In his free time, he enjoys snow skiing, mountain biking and golfing.
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