1405 Antelope Rd - Warehouse FOR SALE


White City, OR 97503
$1,610,000 USD
541-944-9967
1405 Antelope Rd, White City, OR for Sale
$1,610,000 USD
Warehouse - FOR SALE
1/32
null | Request Cap Rate

1405 Antelope Rd
White City, OR 97503


OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present 1405 Antelope Road, a level, well-located industrial site located in White City, the heart of Southern Oregon's industrial market (the "Property"). The Property encompasses 4.54 acres across two adjacent parcels (referred to as 'Front Parcel' and 'Rear Parcel'). The Front Parcel, with direct access and visibility from Antelope Road, provides the rare combination of a relatively large yard space, ~5,700 SF of warehousing space, dedicated parking, and full perimeter fencing. The buildings consist of a front steel-frame, clear span warehouse, sized at 4,500 SF + ~300 SF mezzanine. There are 2, 14' exterior overheads and a third interior overhead, as well as a small office and restroom. The rear building was converted to office/conference space (formerly a CDL training center), and could feasibly be converted back to conventional warehouse space. The rear parcel is a true industrial development site - 2 acres of level, rocked yard space ideal for a wide variety of uses, from ground-up development of an industrial product, self-storage, or further developing an industrial outdoor storage ("IOS") project. Approximately 15 outdoor storage spaces are currently leased on a gross basis (short-term leases), producing $1,500/month or about $100 per space, per month. Conveniently located in White City, this property also offers excellent access just minutes from Interstate 5, and Highway 62. The entirety of both parcels are fully perimeter fenced, with multiple security gates off of the 2 driveways from Antelope Road. Buyer is responsible for any and all due diligence, including but not limited to zoning verification, environmental studies, geotechnical studies, access easements, wetlands, allowed uses, and all other items, reports, studies, or otherwise affecting the Property.

FOR SALE DETAILS

PRICE

$1,610,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

UTILITIES

Water - County, Sewer - County

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

16

LAND DETAILS

LAND ACRES

4.54

LAND SF

197,762

ZONING

I-G

APN/PARCEL ID

10257553,10257570

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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