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Building A 5885 Crater Lake Hwy 40,672 SF 81% Leased Industrial Building Central Point, OR 97502 $5,400,000 ($132.77/SF) 5.78% Cap Rate

Warehouses Oregon Central Point 5885 Crater Lake Hwy, Central Point, OR 97502

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INVESTMENT HIGHLIGHTS

  • Industrial development, additional lots available for development

EXECUTIVE SUMMARY

Attractive Industrial Development. Property has 5 separate tax lots, 3 with buildings and 2 are undeveloped and available for future development. Developed lots include buildings that are 9.672 sq.ft., 20,000 sq.ft., and 11,000 sq.ft. Current leases range from 1 to 3 years. The undeveloped lots front Crater Lake Hwy which will provide great exposure to the highway traffic. The development has a private tree lined street for access to the individual tax lots. Property is located in the path of progress. One undeveloped lot is leased for $1,250 per month to JW Kerns Inc who provides irrigation equipment sales.

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
Net Operating Income - -

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
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $5,400,000 Lot Size 4.92 AC
Price Per SF $132.77 Rentable Building Area 40,672 SF
Sale Type Investment or Owner User No. Stories 2
Cap Rate 5.78% Year Built 1994
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
 Clear Ceiling Height 23’
Property Type Industrial No. Dock-High Doors/Loading 1
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Health Club
  • FlexLight Distribution
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class A
Zoning I-L - Industrial uses which involve the lowest level of noise, vibration, air pollution, radiation, glare or fire, and explosive hazards.
Price $5,400,000
Price Per SF $132.77
Sale Type Investment or Owner User
Cap Rate 5.78%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Health Club
  • FlexLight Distribution
Building Class A
Lot Size 4.92 AC
Rentable Building Area 40,672 SF
No. Stories 2
Year Built 1994
Clear Ceiling Height 23’
No. Dock-High Doors/Loading 1
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning I-L - Industrial uses which involve the lowest level of noise, vibration, air pollution, radiation, glare or fire, and explosive hazards.

AMENITIES

  • Fenced Lot
  • Air Conditioning

UTILITIES

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

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • New Beginnings Church
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Pickleball Heights
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Sunday Afternoons
  • Retailer
  • -
  • -
  • -
  • Jan 0000
  • UniUni Logistics Inc
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
New Beginnings Church Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Pickleball Heights Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum Jan 0000
Sunday Afternoons Retailer - - - Jan 0000
UniUni Logistics Inc Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 6,413 SF
  • Industrial
  • Full Build-Out
  • Now

Unit is approximately 6413 sq.ft. with 2 rollup doors. Unit is insulated heated and air conditioned with 2 roof top gas packs. Ceiling is 19 ft to 23 ft. Floor plan is mainly open space. 2 enclosed work areas of 1164 sqft is also available. Unit has 1 bathroom with a small office / break room above. Unit has a fenced rear parking area for security.

Space Size Space Use Condition Available
1st Floor 6,413 SF Industrial Full Build-Out Now

1st Floor

Size
6,413 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 6,413 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Unit is approximately 6413 sq.ft. with 2 rollup doors. Unit is insulated heated and air conditioned with 2 roof top gas packs. Ceiling is 19 ft to 23 ft. Floor plan is mainly open space. 2 enclosed work areas of 1164 sqft is also available. Unit has 1 bathroom with a small office / break room above. Unit has a fenced rear parking area for security.

1 1

PROPERTY TAXES

Parcel Number 10853900 Improvements Assessment $1,065,100
Land Assessment $102,460 Total Assessment $1,167,560

PROPERTY TAXES

Parcel Number
10853900
Land Assessment
$102,460
Improvements Assessment
$1,065,100
Total Assessment
$1,167,560
(541) 944-4002

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 38898920

  • Date on Market: 12/24/2025

  • Last Updated:

  • Address: 5885 Crater Lake Hwy, Central Point, OR 97502

More public record information on 5885 Crater Lake Hwy, Central Point, OR 97502

The Industrial Property at 5885 Crater Lake Hwy, Central Point, OR 97502 is currently available for Sale. Contact Windermere Van Vleet & Associates for more information.

NEARBY LISTINGS

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5885 Crater Lake Hwy, Central Point, OR for sale Building Photo- Image 6 of 12
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5885 Crater Lake Hwy, Central Point, OR for sale Building Photo- Image 11 of 12
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Building A | 5885 Crater Lake Hwy
(541) 944-4002 x

Building A | 5885 Crater Lake Hwy

Bob Methvin
(541) 944-4002

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