Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Building in White City Title is generated by Realmo AI

    117 Trout Way, White City, OR 97503

    View on Map
    Claim this Listing
    For Sale
    $799,000

    COMMERCIAL - White City, OR

    Property size:
    7,560 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $105/SF
    Added:
    Dec 19, 2025
    Days on Market:
    162
    Last Refresh:
    May 30 at 7:06 pm

    Property Features for 117 Trout Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot, Gated, RV, Driveway
    Window features
    Aluminum Frames, Double Pane Windows
    Standard status
    Active
    APN
    10989193
    Size
    7,560 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    12818

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2019
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Laminate
    Building materials
    Steel Frame, Concrete, Frame
    Roof type
    Metal

    We can help!

    Listing Contact
    Rutledge Property Group

    Listing agent Rutledge Property Group License #201007081

    Listing office eXp Realty, LLC 710 Cardley Ave, Salem, OR

    Listing date Dec 19, 2025

    MLS# 220213090

    Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 7,560 sq ft Industrial Building with Three 14'x14' Roll‑Up Doors
    • Equipped with 800 Amp 3‑Phase Power
    • Designed for Future Division into Two Separate Tenant Spaces
    • Features an Office Area with Mini‑Split and ADA Restroom
    • Paved Parking, Landscaped, and Fenced
    • Built in 2019

    Overview

    This 7,560 square foot industrial building is available for sale. The building features paved parking, landscaping, and fencing. It includes three 14'x14' roll-up doors, an office area with a mini-split system, and an ADA-compliant restroom. The property is equipped with 800 amp 3-phase power. The building's design allows for potential division into two separate spaces in the future, with a sewer line placed inside the west end to accommodate separate tenant spaces with individual bathrooms. The lot size is 0.46 acres.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $71.7k $9.48
    − Vacancy −$2.8k −$0.37
    EGI $68.9k $9.11
    − OpEx −$10.3k −$1.37
    NOI $58.5k $7.74
    7,560 SF · lease $9.48/SF/yr · vacancy 3.89% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $836.4K
    $731.9K – $975.8K (±1% cap)
    NOI $58,549 @ 7.0% cap · market cap 7.33%
    Second Best
    Industrial
    $688.8K
    $602.7K – $803.6K (±1% cap)
    NOI $48,217 @ 7.0% cap · market cap 6.03%
    Theoretical Best
    Office A
    $1.82M
    $1.60M – $2.13M (±1% cap)
    NOI $127,734 @ 7.0% cap · market cap 15.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    White City
    County
    Jackson
    State
    Oregon
    Longitude
    -122.888066
    Latitude
    42.433865

    Nearby Similar for Sale

    • $1,500,000
      6,000 SF

      Versatile Warehouse on 2.16 Acres

      6,000 SF warehouse on 2.16 acres in White City.
      581 Antelope Road, White City, OR 97503
      View Details
    • $1,790,000
      12,800 SF

      New Industrial Buildings in White City

      Two new industrial buildings with high-capacity power in White City.
      1339 Avenue F, White City, OR 97503
      View Details
    • $2,250,000
      13,144 SF

      Specialized Research Campus in White City

      Two-building campus ideal for research, biotech, or clean manufacturing.
      1388 Antelope Road, White City, OR 97503
      View Details
    • $9,998,000
      85,548 SF

      Established Storage Facility in White City

      Flagship storage facility with high occupancy and expansion potential.
      1400 Avenue G, White City, OR 97503
      View Details
    • Contact for pricing
      73,500 SF

      Class-A Manufacturing Building For Sale

      Net leased industrial investment opportunity in White City, Oregon.
      1229 Avenue C, White City, OR 97503
      View Details
    • $5,250,000
      75,000 SF

      75,000 SF Warehouse/Manufacturing Space

      Warehouse/manufacturing space in White City Industrial Park.
      2350 Ave F, White City, OR 97503
      View Details

    FAQs

    What type of property is this?
    Warehouse - 7,560 SF industrial building with 800 amp power.
    Where is this warehouse located?
    The property is located at 117 Trout Way White City, OR.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 7,560 sq ft Industrial Building with Three 14'x14' Roll‑Up Doors; Equipped with 800 Amp 3‑Phase Power; Designed for Future Division into Two Separate Tenant Spaces
    (541) 778-9677
    We can help!
    Listing Contact
    Rutledge Property Group
    Real Estate License ID: 201007081
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    117 Trout Way, White City, OR 97503
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!