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Bldg 2 - Candlewood Court Industrial Park 3643-3647 Candlewood Ct NE 4,097 SF 100% Leased Flex Building Keizer, OR 97303 $925,000 ($225.77/SF) 5.99% Cap Rate
INVESTMENT HIGHLIGHTS
- Total Space: 4,097 SF across three fully occupied units
- Zoning: Industrial General (IG), accommodating a broad range of industrial and commercial activities
- Configuration: Each unit includes one drive-in bay door, warehouse space, and a mezzanine with a small office
- Lot Size: 0.12 acres, reducing maintenance overhead
EXECUTIVE SUMMARY
Situated at 3643-3647 Candlewood Ct NE in Keizer, Oregon, this industrial building offers 4,097 square feet of fully occupied commercial space within the Industrial General (IG) zone. The property is divided into three functional units, each equipped with a drive-in bay door, warehouse area, and a mezzanine featuring a small office. Priced at $925,000, the building generates a Net Operating Income (NOI) of $55,488, yielding a strong 5.99% capitalization rate. Positioned on a 0.12-acre lot, this low-maintenance property is a compelling investment in Keizer’s thriving industrial market.
PROPERTY FACTS
| Price | $925,000 | Lot Size | 0.25 AC |
| Price Per SF | $225.77 | Rentable Building Area | 4,097 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 5.99% | Year Built | 2017 |
| Property Type | Flex | Parking Ratio | 1.89/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Zoning | IG - Industrial General | ||
| Price | $925,000 |
| Price Per SF | $225.77 |
| Sale Type | Investment |
| Cap Rate | 5.99% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 0.25 AC |
| Rentable Building Area | 4,097 SF |
| No. Stories | 2 |
| Year Built | 2017 |
| Parking Ratio | 1.89/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | IG - Industrial General |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
1 1
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 549003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $577,690 |
PROPERTY TAXES
Parcel Number
549003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$577,690
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Bldg 2 - Candlewood Court Industrial Park | 3643-3647 Candlewood Ct NE
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