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2815 Laverne Ave 9,520 SF 100% Leased Flex Building Klamath Falls, OR 97603 $1,220,323 ($128.19/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Excellent location
  • High traffic
  • High occupancy
  • Stable tenants
  • Generous parking

EXECUTIVE SUMMARY

Well located flex building with great curb appeal. Fully leased with excellent history and mostly long-term tenants. Building is designed with front office/showroom areas and rear high ceiling warehouses/shop areas with roll up doors. Generous paved parking in the front of the building. Shared fenced gated yard behind the building. Building is just off of one of Klamath Falls busiest streets which leads to Crater Lake Klamath Regional Airport just 3 miles away. Walmart is 1/4 mile away. Gross rents of $94,021 for a 6.5% cap rate. Financial details available upon request. Interior photos are pre-move-in.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $94,021 $9.88
Other Income - -
Vacancy Loss - -
Effective Gross Income $94,021 $9.88
Taxes $6,400 $0.67
Operating Expenses $8,300 $0.87
Total Expenses $14,700 $1.54
Net Operating Income $79,321 $8.33

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual $94,021
Annual Per SF $9.88
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $94,021
Annual Per SF $9.88
Taxes
Annual $6,400
Annual Per SF $0.67
Operating Expenses
Annual $8,300
Annual Per SF $0.87
Total Expenses
Annual $14,700
Annual Per SF $1.54
Net Operating Income
Annual $79,321
Annual Per SF $8.33

PROPERTY FACTS

Price $1,220,323
Price Per SF $128.19
Sale Type Investment
Cap Rate 6.50%
Sale Condition 1031 Exchange
Property Type Flex
Building Class B
Lot Size 1.04 AC
Rentable Building Area 9,520 SF
No. Stories 1
Year Built 2007
Parking Ratio 1.26/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 5
Zoning IH - Special county agreement allows for most general commercial uses.

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R542559
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$513,030
Annual Taxes
$6,400 ($0.67/SF)
Tax Year
2025
  • Listing ID: 38672025

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address: 2815 Laverne Ave, Klamath Falls, OR 97603

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