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1451 Olive st - Madras Self-Storage 51,675 SF Specialty Building Offered at $4,900,000 at a 7.43% Cap Rate in Madras, OR 97741



Investment Highlights
- Newly paved and landscaped street
- Fully fenced with keypad entry
- Within site of the county fairgrounds
Executive Summary
## **Prime Self-Storage Investment Opportunity – 1451 SW Olive St, Madras, OR**
**Turnkey Mini-Storage Facility for Sale in Central Oregon**
Looking for a high-performing commercial real estate investment in a fast-growing area? This **3-acre self-storage facility** in Madras, Oregon is your ideal opportunity. Featuring **51,675 square feet under roof** and a total of **290 storage units**, this modern facility offers a **projected 7%+ cap rate** and strong potential for long-term income growth.
### **Property Highlights:**
* Currently 90 units leased.
* ? 290 total units with high occupancy potential
* ? Secure keypad-controlled automated gate
* ? Self-serve tenant signup for reduced overhead
* ? WiFi enabled and exterior security lighting
* ? New curbs, sidewalks, ADA-compliant parking
* ? Newly paved street with improved access
* ? Perimeter privacy fencing for added security
### **Strategic Central Oregon Location**
Situated at **1451 SW Olive St**, this property offers convenient access to all parts of Madras. The city is experiencing rapid residential growth, with **over 1,000 new homes planned**, driving increased demand for self-storage solutions.
### **Investor Appeal**
This is a rare opportunity to own a low-maintenance, income-producing asset in a **high-growth market**. With modern features, minimal staffing requirements, and a growing customer base, this facility is perfectly suited for investors seeking reliable returns and long-term value.
---
**Don't miss out!** Contact your real estate agent today to schedule a private showing and secure this top-performing self-storage investment in Madras, Oregon.
**Turnkey Mini-Storage Facility for Sale in Central Oregon**
Looking for a high-performing commercial real estate investment in a fast-growing area? This **3-acre self-storage facility** in Madras, Oregon is your ideal opportunity. Featuring **51,675 square feet under roof** and a total of **290 storage units**, this modern facility offers a **projected 7%+ cap rate** and strong potential for long-term income growth.
### **Property Highlights:**
* Currently 90 units leased.
* ? 290 total units with high occupancy potential
* ? Secure keypad-controlled automated gate
* ? Self-serve tenant signup for reduced overhead
* ? WiFi enabled and exterior security lighting
* ? New curbs, sidewalks, ADA-compliant parking
* ? Newly paved street with improved access
* ? Perimeter privacy fencing for added security
### **Strategic Central Oregon Location**
Situated at **1451 SW Olive St**, this property offers convenient access to all parts of Madras. The city is experiencing rapid residential growth, with **over 1,000 new homes planned**, driving increased demand for self-storage solutions.
### **Investor Appeal**
This is a rare opportunity to own a low-maintenance, income-producing asset in a **high-growth market**. With modern features, minimal staffing requirements, and a growing customer base, this facility is perfectly suited for investors seeking reliable returns and long-term value.
---
**Don't miss out!** Contact your real estate agent today to schedule a private showing and secure this top-performing self-storage investment in Madras, Oregon.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,900,000 | Property Subtype | Self-Storage |
| Price Per SF | $94.82 | Lot Size | 3.00 AC |
| Sale Type | Investment or Owner User | Building Size | 51,675 SF |
| Cap Rate | 7.43% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 2025 |
| Property Type | Specialty | ||
| Zoning | MUE - This property is located within a specialty zoning designation that permits a wide range of potential uses. | ||
| Price | $4,900,000 |
| Price Per SF | $94.82 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.43% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Lot Size | 3.00 AC |
| Building Size | 51,675 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Zoning | MUE - This property is located within a specialty zoning designation that permits a wide range of potential uses. |
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | 111314-AC-00903 | Total Assessment | $41,060 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
111314-AC-00903
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$41,060
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1451 Olive st - Madras Self-Storage
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