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Lost Creek Property 82415 Lost Creek Rd 9,000 SF 100% Leased Industrial Building Dexter, OR 97431 $899,000 ($99.89/SF) 6.57% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Great potential in utilizing the entire 8.27 acres of Commercial/Industrial Property

EXECUTIVE SUMMARY

8.27 acres of land with 3 shops with 3 phase power and a fuel station on site. Excellent opportunity to create rent from developing the property. The property currently has scheduled monthly rents: $1,300 (actual), $2,000 (actual), $2,200 (scheduled currently being used by seller), $650 Mobile Home (actual).
At the asking price of $899,000 works out to be $2.46 per square foot for Industrail land.

FINANCIAL SUMMARY (PRO FORMA - 2022)

ANNUAL ANNUAL PER SF
Gross Rental Income $60,000 $6.67
Other Income - -
Vacancy Loss - -
Effective Gross Income $60,000 $6.67
Taxes - -
Operating Expenses - -
Total Expenses $7,000 $0.78
Net Operating Income $53,000 $5.89

FINANCIAL SUMMARY (PRO FORMA - 2022)

Gross Rental Income
Annual $60,000
Annual Per SF $6.67
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $60,000
Annual Per SF $6.67
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $7,000
Annual Per SF $0.78
Net Operating Income
Annual $53,000
Annual Per SF $5.89

PROPERTY FACTS

Price $899,000
Price Per SF $99.89
Sale Type Investment
Cap Rate 6.57%
Sale Condition Bulk/Portfolio Sale
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 8.27 AC
Rentable Building Area 9,000 SF
No. Stories 1
Year Built/Renovated 1950/1980
Clear Ceiling Height 15’
Zoning Rural Industrial - Allows for 35,000 square feet of industrial type buildings

UTILITIES

  • Lighting - Fluorescent
  • Water - Well

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0820314
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$140,966 (2025)
  • Listing ID: 24764109

  • Date on Market: 1/4/2022

  • Last Updated:

  • Address: 82415 Lost Creek Rd, Dexter, OR 97431

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