OR > Rogue River
Rogue River, OR 97537,5450 River RD
Rogue River, OR 97537,5450 River RD
Rogue River, OR 97537,5450 River RD
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Mike Marshall On Maui

Mike Marshall On Maui

+1(808) 495-8929
$3,200,000
Est. payment /mo
28,650 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 28,650 sqft

Price per Sqft $111

MLS Listing ID 220203643

Year Built 2024

Annual Tax Amount $4,062

Lot Size 3.070 Acres

Acres 3.07

Lot Dimensions 3.07

Property Description

Rogue1 Self Storage is a premium 124-unit facility on 3.07 acres in scenic Rogue River. Completed in Summer 2024, leasing began in August and has already reached 60% capacity, with occupancy steadily rising. Featuring full concrete drive and aprons, block retaining walls, and high-end fencing with secure gated access. The facility is fully equipped for 100% automated operation, offering ease of management and tenant convenience. At 100% occupancy, gross annual rents total $2663,520, with actual expenses of $19,940, yielding a pro-forma NOI of $243,580 and a projected CAP rate of 7.6%. The property includes a remodeled 1,800 SF warehouse with newly remodeled office and bathroom. Approved plans are in place for 27 more unites, 9 in the existing building - ideal for climate-controlled storage and yielding a projected additional $48,060 annually for a strong upside in a growing market.

Location

State OR

County Jackson

Direction I-5 N: Exit 45B twd Vly of the Rogue St. Park. Take ramp twd Twin Bridges Rd. Lt. onto Twin Bridges to Lt on N River Rd. I-5 S: Exit 48. Lt to Depot St, Rt to Classick Dr, Lt to N River Rd.

Rooms

Basement None

Interior

Interior Features Vaulted Ceiling(s)

Heating Forced Air, Natural Gas

Cooling Wall/Window Unit(s)

Window Features Double Pane Windows,Vinyl Frames

Exterior

Parking Features Asphalt, Concrete, Driveway, Gated, No Garage, Other, Parking Lot

Roof Type Metal

Building

Lot Description Fenced, Sloped

Entry Level One

Foundation Slab

Water Public

Structure Type Steel Frame

New Construction No

Others

Senior Community No

Tax ID 10760781

Security Features Carbon Monoxide Detector(s),Security System Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Oregon Data Share
Listed by Coldwell Banker Pro West R.E.
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agent

Mike Marshall On Maui

+1(808) 495-8929

Agent | License ID: 78986

Agent License ID: 78986

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