29191 Dike Rd - Industrial FOR SALE


Rainier, OR 97048
$125,000,000 USD
503-326-9000
29191 Dike Rd, Rainier, OR for Sale
$125,000,000 USD
Industrial - FOR SALE
1/3
null | Request Cap Rate

NEW


29191 Dike Rd
Rainier, OR 97048


OVERVIEW

88.7 Acre Industrial Land Capacity Commercial Group is pleased to exclusively present the unique opportunity to acquire a premier industrial site along the Columbia River in Rainier, Oregon. Property Highlights: • Approximately 3,840 linear feet of property is adjacent to the Columbia River • Infrastructure includes two wharfs, multiple dolphins, rail siding, and excellent access to Hwy 30 and I-5. PROPERTY INFORMATION Address: 29191 Dike Rd. Rainier, OR 97048 Combined Building Area: 21,360 SF Land Area: 88.77 AC (3,866,821 SF) Zoning & Tax Lots: 4 Tax Lots – Both Light and Heavy Industrial INFRASTRUCTURE Lower Wharf 206’ face, 22’ CRD depth, 6 mooring dolphins, 900’ mooring alignment Upper Wharf 128’ face, 23’ CRD depth, 6 mooring dolphins, 873’ mooring alignment Additional Mooring Dolphins · Multiple tween dolphins with 125’ spacing · Five additional dolphins with 124’ spacing, 500’ mooring alignment, average 20’ CRD depth Deep-water Dock Potential to construct a deep-water berth with OPEN CELL™ SHEET PILE (OCSP) bulkhead technology and dredge a channel to -43-ft (CRD). (Conceptual plans and proposal are available for review) Rail Siding · 1 private siding - 1800’, 90#, 112#, 125# rail · 2 spur industry tracks; 1930’, 133#, 125# rail; 1350’, 125# rail · Cleared for 286K (gross weight) · Daily interchange with BNSF at Vancouver, WA · Plate B, C, F, and H clearance - Dimensional high/wide clearance, with engineering approval · Select Union Pacific access via I-5 Proportional Rate Agreement UTILITIES Water · Private Well with capacity of 1000 gallons per minute · Water rights permit: 1.11 CFS (532 gallons per minute) from Columbia River · 2” service connection off Dike Rd, 8” connection off King Drive · 80 psi water capacity for 2” & 8” lines Electricity · Columbia River PUD: 3 MW capacity, potential to increase to 12 MW · Clatskanie PUD: 8 MW local distribution capacity, potential to increase to 300 MW with short transmission line upgrade. · Clatskanie PUD has the lowest electric rates in the state and is an active power market participant, serving multiple existing industrial loads. Sewer · Provided by the City of Rainier · Two 2” pressurized lines, two additional 10” & 18” gravity-fed lines Stormwater · On-site stormwater retention/detention systems · On-site self-contained wash pads Telecommunications · CenturyLink: Copper wire infrastructure · Comcast: Fiber-optic infrastructure with 50 Mbps, increasable to 100 Mbps · Unused fiber-optic cable beneath site Rail Infrastructure • 1 private siding - 1800’, 90#, 112#, 125# rail • 2 spur industry tracks - 1930’, 133#, 125# rail - 1350’, 125# rail • Cleared for 286K (gross weight) • Daily interchange with BNSF at Vancouver, WA • Plate B, C, F, and H clearance - Dimensional high/wide clearance, with engineering approval • Select Union Pacific access via I-5 REAL ESTATE IMPROVEMENTS Offices · Main Office (West End): 20’ x 26’ (520 SF) includes 3 private offices, two open work areas, conference room, restrooms, kitchen, and outdoor deck/break area · Waterfront Training Office: 26’ x 48’ (1,248 SF) includes 5 offices, and an open conference training room with a capacity for 40 people Maintenance Shop · 270’ x 50’ (13,500 SF) includes 4 fully enclosed bays, 7 open bays, each bay door/opening is 21’ wide x 18’ high, LED lighting, bathroom and WiFi enabled. Big Top Open End Metal Framed Structure · 80’ x 60’ (4,800 SF) with 18’ eave height Truck Scale (West End) · Powell Scales — Accutech Software 70’ with Scalers office 10’ x 24’ (240 SF) includes 2 offices and a bathroom Total Improvements: 21,360 SF ECONOMIC DEVELOPMENT Enterprise Zone Overview · The entire property is within the Lower Columbia River Enterprise Zone · The purpose of the enterprise zone is to foster new investment in the region Benefits of the Enterprise Zone · Exemption of Property Taxes During the Construction phase · Exemption of Real and Personal Property Taxes for Job Creation and Investment (exempt for three (3) years if job creation & investment can occur) · Additional Years of Tax Exemption (depending on the level of investment) · Discounted and Accelerated Building Permits Regional Solutions Team (RST) · The State of Oregon, under the Governor’s office, has convened Regional Solutions Teams (RST) to facilitate new and re-development across the state · The RST may include local, regional, state and federal agencies as available.

FOR SALE DETAILS

PRICE

$125,000,000 USD

PRICE/SF

$5,852 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

47.51

LAND SF

2,069,634

ZONING

-

APN/PARCEL ID

0399072170000010100

ASK ABOUT THIS PROPERTY

Don Ossey, SIORCapacity Commercial Group LLCMore Info
503-326-9000

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Don Ossey, SIORCapacity Commercial Group LLCMore Info
503-326-9000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.