12755 Clow Corner Rd - Self-Storage Facilities FOR SALE


Dallas, OR 97338
$6,350,000 USD
503-559-2694
12755 Clow Corner Rd, Dallas, OR for Sale
$6,350,000 USD
Self-Storage Facilities - FOR SALE
1/20
null | Request Cap Rate

12755 Clow Corner Rd
Dallas, OR 97338


HIGHLIGHTS

  • Brand-new, 370-unit non-climate controlled, Class A self-storage facility
  • The estimated value of the property is $6,725,000 once the facility is stabilized
  • Situated immediately adjacent to the new West Valley Industrial Park

OVERVIEW

West Valley Storage is a brand-new, 370-unit non-climate controlled, Class A self-storage facility located at 12755 Clow Corner Road in Dallas, Oregon (soon to be 1975 SE Skys The Limit Way). This offering represents a rare opportunity to acquire a new construction storage unit development. Investors gain immediate and complete control to establish preferred systems, set optimal market rents, and define the full lease-up strategy from day one. This facility is positioned for long-term value appreciation within one of Polk County’s most promising growth corridors. The estimated value of the property is $6,725,000 once the facility is stabilized. The asking price of $6,350,000 leaves $375,000 in consideration for the stabilization costs. Stabilization cost is based on a 24-month stabilization/lease-up period. During this time, there is a reduction in income (stabilization adjustment) for year one and two. The total adjustment for year one and two is subtracted from the stabilized value to adjust for the Buyer’s lease-up risk. The 4.38-acre site offers a uniquely strategic advantage, situated immediately adjacent to the new West Valley Industrial Park. This 22-lot development will house a range of contractors and trade businesses, creating the potential for commercial storage users. Additionally, each industrial lot has the ability to add an on-site caretaker apartment in the building creating the potential for residential users. Further enhancing visibility and traffic flow, the property will benefit from the adjacent planned development of a fuel station, convenience store, and car wash, ensuring strong retail synergy and superior drive-by access. Invest in new construction, strong fundamentals, and unmatched strategic positioning with West Valley Storage.

FOR SALE DETAILS

PRICE

$6,350,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.43 AC

LAND SF

192,971 SF

ZONING

I- Industrial

APN/PARCEL ID

581639

ASK ABOUT THIS PROPERTY

Conrad VentiFirst Commercial Real EstateMore Info
503-559-2694

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Conrad VentiFirst Commercial Real EstateMore Info
503-559-2694

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