Two-Lease Warehouse
6479 Crater Lake Highway Central Point, OR 97502
6479 Crater Lake Highway, Central Point, OR, 97502
$2,695,000
For Sale
$2,695,000
COMMERCIAL - Central Point, OR
Property Size17,000 SF
Lot Size1.32 Acres
Price / SF$158.53
Days on Market14
Property Features for 6479 Crater Lake Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- APN
- 11005509
- Size
- 17,000 SF
- Lot size
- 1.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8608
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Roof type
- Metal
Listing agency
Home Quest Realty
(541) 774-5503
Listed by
Katia Larios · License #201249782
(541) 622-4833
Added: Jul 10 Checked: Jul 23 at 7:06AM
MLS# 220225076
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 for-sale property includes two warehouse buildings on a 1.32-acre lot, totaling approximately 17,000 square feet (about 5,000 square feet and 12,000 square feet). Both buildings are currently leased, supporting immediate occupancy.
The property is adjacent to the Southern Oregon Expressway, with access and visibility benefits noted in the listing remarks. Additional details are available by contacting the listing agent.
The combined warehouse configuration offers two distinct building sizes within the same site, providing a straightforward ownership structure for an investor or owner-operator seeking leased real estate exposure.
The property is adjacent to the Southern Oregon Expressway, with access and visibility benefits noted in the listing remarks. Additional details are available by contacting the listing agent.
The combined warehouse configuration offers two distinct building sizes within the same site, providing a straightforward ownership structure for an investor or owner-operator seeking leased real estate exposure.
Key Highlights
- Two leased warehouses totaling approximately 17,000 SqFt (5,000 SqFt and 12,000 SqFt)
- Situated on 1.32 acres adjacent to the Southern Oregon Expressway
- Metal roofs and concrete flooring
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 | $161.2k | $9.48 |
| − Vacancy | −$6.3k | −$0.37 |
| EGI | $154.9k | $9.11 |
| − OpEx | −$23.2k | −$1.37 |
| NOI | $131.7k | $7.74 |
17,000 SF · lease $9.48/SF/yr · vacancy 3.89% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.88M
$1.65M – $2.19M
NOI $131,657 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.10M
$3.59M – $4.79M
NOI $287,232 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
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- Medford Moving & Storage Inc — 6461 Crater Lake Hwy, Central Point, OR 97502
FAQs
What type of property is this?
Warehouse - Two leased warehouse buildings totaling about 17,000 sq ft on 1.32 acres near Southern Oregon Expressway.
Where is this warehouse located?
The property is located at 6479 Crater Lake Highway Central Point, OR.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Two leased warehouses totaling approximately 17,000 SqFt (5,000 SqFt and 12,000 SqFt); Situated on 1.32 acres adjacent to the Southern Oregon Expressway; Metal roofs and concrete flooring
