33809-33919 SE Eastgate Cl Corvallis, OR 97333

ACTIVE UNDER CONTRACT

$6,100,000

Market Estimate

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8.72 Acres
Commercial
MLS# 772081

33809-33919 SE Eastgate Cl, Corvallis, OR 97333

Listing provided courtesy of: INVESTMENT REALTY, INC.

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Property Details

Description

Accepted Offer with Contingencies. Eastgate Business Center is an attractive Business Park with approximately 69,716 sf. The land area is 8.72 acres. There are over 20 tenants. Plenty of parking. Excellent location with easy access to Highway 34. Traffic count on Highway 34 is over 30,000 vehicles per day. The capitalization rate is 6.5%.

General Features
- Type Special Purpose
- Status Note ACTIVE UNDER CONTRACT
- County Linn
- Tax Amount 64017
- Terms Cash, Conventional
- Property Use Type Any Use-All the Following
Building Features
- Approx Bldg Sqft 69716
Property Features
- Access Paved, State Highway
- Acres 8.72
- Sewer Septic
- Water Well
- Flood Plain Yes
- New Construction No

Neighborhood

97333 (Corvallis) Demographics

30 Median Age

185 Population Density (per sq. mile)

64% College Educated

$48,494 Estimated Median Income

4,137 Estimated Total Home Owners

4,775 Estimated Total Renters

46% / 54% Estimated Owner / Renter Divide

3 Estimated Average Household Size

21,545 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$464,000 Median Sales Price

37 Homes Sold

35 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $6,100,000
4/27/2021 5:53:21 PM	Status Changed Source: Multiple Listing Service	New Value: ACTIVE UNDER CONTRACT
2/22/2021 2:53:23 PM	Price Reduced Source: Multiple Listing Service	New Value: $6,100,000	-7.08%
12/21/2020 11:53:00 AM	New in Database Source: Multiple Listing Service	New Value: $6,565,000

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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The data relating to real estate for sale on this website come in part from the Broker reciprocity program of the WVMLS and Berkshire Hathaway HomeServices Real Estate Professionals. Real estate listings held by other than Berkshire Hathaway HomeServices Real Estate Professionals are marked with the Broker reciprocity logo and detailed information about these properties includes the names of the listing brokers. Listing data is copyright of 2021 WVMLS. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.