Light Industrial Manufacturing
351 Rogue River Parkway Talent, OR 97540
For Sale
$3,000,000
Pending
COMMERCIAL - Talent, OR
Property Size33,000 SF
Lot Size3.89 Acres
Days on Market22
Property Features for 351 Rogue River Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot, RV
Security features
Security System
Interior features
Laminate Counters
Standard status
Pending
APN
10798431
Size
33,000 SF
Lot size
3.89 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
18145
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Forced Air, Hot Water(Heating), Natural Gas
Cooling system
Central Air, Whole House Fan
Water source
Public
Building Details
Year built
1993
Floors in Building
1
Number of units
1
Flooring type
Carpet, Vinyl, Tile, Concrete
Building materials
Steel Frame
Roof type
Metal
Additional Structures
Storage
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Jeff Johnson · License #200402091
(541) 941-6561
Added: Jul 9
Changed: Jul 27
Last Checked: Jul 30 at 8:06AM
MLS# 220224978
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.
Investment Insights
Based on property information with market context.
This historical light industrial (LI) building offers 33,000 total square feet, including 4,420 square feet of office/conference space and 28,580 square feet of manufacturing, design, and shipping space. The manufacturing area includes large natural gas heaters, break rooms, storage, and separate bathrooms. The building is fully insulated and features multiple power stations and water stations. There is rear yard storage, and the property also has a 69-space parking lot with a picnic shelter. A new roof was installed in 2023.
The property is located at 351 Rogue River Parkway in Talent, Oregon, on 3.89 acres. The listing notes efficient access to I-5 and the Southern Oregon market.
With its existing office support space, dedicated manufacturing and shipping areas, insulated construction, and on-site utilities, the building is positioned for light manufacturing, assembly, or warehousing uses consistent with the LI zoning.
The property is located at 351 Rogue River Parkway in Talent, Oregon, on 3.89 acres. The listing notes efficient access to I-5 and the Southern Oregon market.
With its existing office support space, dedicated manufacturing and shipping areas, insulated construction, and on-site utilities, the building is positioned for light manufacturing, assembly, or warehousing uses consistent with the LI zoning.
Key Highlights
- 33,000 total SF industrial building with 4,420 SF office/conference and 28,580 SF manufacturing/design/shipping space
- Zoned LI (light industrial) with 3.89 acres, including a 69‑space parking lot with picnic shelter
- Manufacturing area includes numerous large natural gas heaters plus break rooms, storage, and separate bathrooms
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 | $312.8k | $9.48 |
| − Vacancy | −$12.2k | −$0.37 |
| EGI | $300.7k | $9.11 |
| − OpEx | −$45.1k | −$1.37 |
| NOI | $255.6k | $7.74 |
33,000 SF · lease $9.48/SF/yr · vacancy 3.89% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.65M
$3.19M – $4.26M
NOI $255,570 @ 7.0% cap · market cap 8.52%
Second Best
Industrial
$3.01M
$2.63M – $3.51M
NOI $210,469 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$7.97M
$6.97M – $9.29M
NOI $557,568 @ 7.0% cap · market cap 18.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - Fully insulated light industrial building with office space, manufacturing/design/shipping areas, and large on-site parking.
Where is this manufacturing property located?
The property is located at 351 Rogue River Parkway Talent, OR.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 33,000 total SF industrial building with 4,420 SF office/conference and 28,580 SF manufacturing/design/shipping space; Zoned LI (light industrial) with 3.89 acres, including a 69‑space parking lot with picnic shelter; Manufacturing area includes numerous large natural gas heaters plus break rooms, storage, and separate bathrooms
