5885 Crater Lake Hwy - Warehouse FOR SALE


Central Point, OR 97502
$5,400,000 USD
541-944-4002
5885 Crater Lake Hwy, Central Point, OR for Sale
$5,400,000 USD
Warehouse - FOR SALE
1/11
null | 5.78% Cap Rate

NEW


5885 Crater Lake Hwy
Central Point, OR 97502


HIGHLIGHTS

  • Industrial development, additional lots available for development

OVERVIEW

Attractive Industrial Development. Property has 5 separate tax lots, 3 with buildings and 2 are undeveloped and available for future development. Developed lots include buildings that are 9.672 sq.ft., 20,000 sq.ft., and 11,000 sq.ft. Current leases range from 1 to 3 years. The undeveloped lots front Crater Lake Hwy which will provide great exposure to the highway traffic. The development has a private tree lined street for access to the individual tax lots. Property is located in the path of progress. One undeveloped lot is leased for $1,250 per month to JW Kerns Inc who provides irrigation equipment sales.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

5.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building A

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Health Club, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - Well, Sewer - City, Heating - Gas

CLEAR CEILING HT

23 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.92

LAND SF

214,315

ZONING

I-L

APN/PARCEL ID

10892774

ASK ABOUT THIS PROPERTY

Bob MethvinWindermere Van Vleet & AssociatesMore Info
541-944-4002

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Bob MethvinWindermere Van Vleet & AssociatesMore Info
541-944-4002

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