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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.

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3D Exterior

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Sale Flyer

More Attachments

View the 3923 Old Salem Road Flyer
View the Full Floor Plan
View the 1st Floor Plan
View the 2nd Floor Plan
View the Office Buidling Floor Plan

Property Facts

Price $5,326,860 CAD
Price Per SF $317.95 CAD
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

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
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%
$ values in USD

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

Property Taxes

Parcel Number
0044442
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,113,366 CAD

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.
  • Listing ID: 38501703

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 3923 Old Salem Rd NE, Albany, OR 97321

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