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283 S Main St 4,050 SF Industrial Building Falls City, OR 97344 $465,000 ($114.81/SF) 6.86% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 40 Self-Storage Units (8'x12')
  • Zoned Commercial Industrial
  • Approx. 2 acres available for new construction
  • Ideal for additional storage units, RV park spaces, and more.

EXECUTIVE SUMMARY

Income-generating Self-Storage Units with additional develop. opportunity on 5.5 acres. The property currently includes 40 self storage units with recent updates. Approximately 2 acres for additional development land. Zoned Commercial Industrial, this site is ideal for additional storage units and/or RV park spaces. A rare chance to build alongside existing income generating investment. Located adjacent to existing RV Park.

ATTACHMENTS

Flyer

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
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 $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
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 $465,000
Price Per SF $114.81
Sale Type Investment or Owner User
Cap Rate 6.86%
Sale Condition Business Value Included
Property Type Industrial
Building Class C
Lot Size 5.53 AC
Rentable Building Area 4,050 SF
No. Stories 1
Year Built 2007
Tenancy Single
Zoning CI - Commercial Industrial Uses: Manufacturing, repairing, compounding, processing, storage, wholesale distributing facility, warehouse, utility, and more.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
295473
Land Assessment
$31,380
Improvements Assessment
$126,380
Total Assessment
$157,760
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 37110695

  • Date on Market: 8/4/2025

  • Last Updated:

  • Address: 283 S Main St, Falls City, OR 97344

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