805 NW Warehouse Way, Prineville, OR 97754

$3,650,000
Property Type: Commercial Sale Square Footage: 19,000 Lot Size (sq. ft.): 261,796 Status: Closed
Current Price: $3,650,000 List Date: 7/06/2021 Last Modified: 2/10/2026

Overview

Description

Excellent owner-user or investor opportunity zoned for light industrial that has 3 fully leased buildings with 13 shop spaces of various size, 4 storage buildings with 86 units and 80+ RV-vehicle storage spaces. There are also storage containers with 42 units. Leases are up to date and have escalation clauses in place. There is room to build improvements on 2.4 +/- acres on the west side. Manager's office with small shop/storage area.

Listing Details MLS# 220126509

General Property Information

Building Area Total
19000
Building Area Source
Other
Building Area Units
Square Feet
# of Units Total
7
Year Built
2000
New Construction YN
No
Zoning
M1
Tax Annual Amount
17163.47
Tax Year
2020
Potential Tax Liability YN
No
Assessment YN
No
CC&R's YN
No
Preferred Escrow Company & Officer
Amerititle- April Hensley
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Additional Features: ADA Comply; Separate Electric Meters; Separate Gas Meters Common Walls: 2+ Common Walls Construction Materials: Frame; Steel Frame Cooling: Heat Pump Flooring: Concrete Foundation Details: Slab Heating: Electric; Natural Gas Levels: One Roof: Metal Security Features: Security System Owned Existing Lease Type: Escalation Clause Business Type (AKA Sub Type): Storage Owner Pays: Exterior Maintenance; Sewer; Taxes; Water Tenant Pays: Electricity; Gas; Insurance; Interior Maintenance; Repairs Easements: Access Government Overlay: Wetlands Lot Features: Fenced; Level Miscellaneous Information: Overhead/Dock Doors Parking Features: Asphalt; Gated; Gravel Road Frontage Type: Private Access Road Surface Type: Paved Power Production: None Sewer: Public Sewer Water Source: Public Documents on File: Schedule E Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
805
Street Dir Prefix
NW
Street Name
Warehouse
Street Suffix
Way
County
Crook
State
OR
Postal Code
97754

Contract Information

Original List Price
4200000
Listing Contract Date
2021-07-06

Remarks and Miscellaneous

Public Remarks
Excellent owner-user or investor opportunity zoned for light industrial that has 3 fully leased buildings with 13 shop spaces of various size, 4 storage buildings with 86 units and 80+ RV-vehicle storage spaces. There are also storage containers with 42 units. Leases are up to date and have escalation clauses in place. There is room to build improvements on 2.4 +/- acres on the west side. Manager's office with small shop/storage area.

Status Change Information

Close Date
2022-01-13
Under Contract Date
2021-09-11
Status Change Timestamp
2022-12-08
Close Price
3650000
Sold Price per SqFt
192.11

More Information

Currently Not Used

List Price per SqFt
221.05

Business Details

Business Included?
No

Income and Expenses (Annual Amounts)

Cap Rate %
4.84
Estimated Gross Operating Income $
275000
Estimated Total Expenses
71000
Net Operating Income
203400

Miscellaneous Information

Confidentiality/Non-Disclosure Agreement
Yes

Parking Details

Parking
Yes
# of Parking Spaces
100
Listing Office: Cascade Hasson SIR
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.