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    FOR SALE
    Industrial properties

    812 C St, Culver, OR 97734

    10 SF 0.45 ac lot Built 1994
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US71-1176449
    Property summary
    AI-generated overview

    This exceptional 66,000+ square foot industrial complex, situated on a 6.08-acre lot in Culver, Oregon, presents a compelling net-leased investment opportunity. Currently leased to DS Services of America/Primo Water, a major North American bottled water company, the property boasts a strong 6.50% cap rate with a current NOI of $412,800 annually ($34,400 monthly). The lease, a 100% NNN Triple Net lease, includes 3% annual escalations and extends until June 20, 2029. The facility, significantly upgraded in 2015 and 2021, features a fully sprinklered warehouse, modern offices, and a breakroom. Safety features include a wet fire suppression system. Power is robust, with 480-volt, 3-phase power rated for 1,000 amps. The warehouse itself offers four dock-high enclosed bays equipped with auto levelers and PVC dock seals, multiple man doors, and separate restrooms for warehouse and office employees. The building's impressive free span measures 100' x 300', with a clear height of 14' at the eave and 17.5' inside the roof, reaching 19' to the roof peak. Lighting has been upgraded with Energy Trust of Oregon T-8 bulb dormers incorporating motion sensors. Additional features include quality control rooms, corporate and executive offices, and a pre-engineered steel building construction. Conveniently located just 18 miles north of Redmond, OR, this property represents a rare opportunity for a secure, high-return investment.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1994
    Total area 10 SF
    Lot 0.45 ac (19,602 SF)
    Zoning code M1
    APN 121318-DB-01501
    UPID US71-1176449
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • EARTH2O Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Culver Property LLC · 6 yrs held
    Culver Property LLC
    since 2020
    1 recorded transaction
    2020
    Zoning & alternative use
    M1 · Culver, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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