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Investment Highlights

  • Prime 75.26-acre light industrial site with new road access, high visibility, and unmatched development potential in growing Klamath Falls.
  • Minutes from Kingsley Field and Crater Lake–Klamath Airport, offering exceptional freight, transportation, and distribution advantages.
  • Strategically located near Highways 97 and 140 with strong traffic exposure, ideal for logistics, manufacturing, and large-scale industrial operators.
  • Surrounded by major industrial neighbors and supported by a robust regional workforce, incentives, and expanding business infrastructure.

Executive Summary

Discover this expansive shovel-ready RSID-designated 75.26-acre property with light industrial zoning at 4606 Southside Expressway in Klamath Falls, Oregon. Offering a premier industrial land opportunity with exceptional development potential and direct exposure at the east/west and north/south junctions of Highways 97 and 140. ODOT has split the land with a new east-west road from Brett Way to Air Way Drive, creating improved ingress and egress and enhancing traffic flow for future industrial, manufacturing, transportation, and logistics uses.

4606 Southside Expressway is located near Kingsley Field Airbase and the Crater Lake–Klamath Regional Airport, offering strategic proximity for air-freight logistics and enhanced shipping capabilities. The seller will provide a clear Phase 1, and a geothermal well log and maps are available upon request. Existing tenants in the on-site residence are on month-to-month leases, providing immediate supplemental income while development plans progress. Bret Way runs through the property, unlocking added site planning flexibility and improving long-term infrastructure value.

This industrial land serves a regional population of over 53,000, generating more than $664.5 million in consumer spending (2024) and benefits from visibility to over 10,000 daily passersby, expanding market reach for future operators. Corporate neighbors such as Wilsonart, Carriage Works, and Amazon reinforce the area's strong industrial ecosystem, while the airport's proximity further enhances shipping, distribution, and accessibility options. With travel times just five hours to both San Francisco and Portland and one hour to world-famous Crater Lake, the site delivers connectivity, workforce access, lower operating costs, business incentives, and a supportive industrial community — making it an exceptional location for a wide range of commercial, industrial, and logistics-driven development.

Property Facts

Price $2,265,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
Total Lot Size 75.26 AC
No. Stories 1
Zoning IL - Light Industrial zoning in an area of heavy traffic surrounding Kingsley Field Airbase & Regional Airport

1 Lot Available

Lot

Price $2,265,000
Price Per AC $30,095.67
Lot Size 75.26 AC
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
R573347
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$127,586
  • Listing ID: 28033664

  • Date on Market: 3/21/2023

  • Last Updated:

  • Address: 4606 Southside Expy, Klamath Falls, OR 97603

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