Gated Flex Space
New
For Sale
$749,000
111 Trout Way, White City, OR 97503
Commercial Sale, White City, OR
Property Size6,000 SF
Lot Size0.50 Acres
Price / SF$124.83
Days on Market1
Property Features for 111 Trout Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
GI
Parking features
Parking Lot, RV, Driveway, On Street, Gated
Window features
Double Pane Windows, Aluminum Frames
Lot features
Corner Lot, Fenced, Level
View
Territorial
Standard status
Active
APN
10989194
Size
6,000 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10164
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2018
Floors in Building
1
Number of units
1
Flooring type
Tile, Vinyl, Concrete
Building materials
Steel Frame, Concrete, Frame
Roof type
Metal
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Erica Gollob
(541) 941-9844
Added: Oct 20
Last Checked: Oct 20 at 8:06PM
MLS# 220230258
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.
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Investment Insights
Based on property information with market context.
The 6,000-square-foot steel-frame building sits on 0.5 acre and combines warehouse, manufacturing, distribution, and office areas. It includes two roll-up doors, office and restroom facilities, and three-phase power. The General Industrial zoning designation is noted for the property. Recent work includes added asphalt paving, a mini-split system, refreshed office flooring, new interior paint, and site cleanup.
A gated fence encloses the property, with paved exterior space available for parking and other site use. Access routes include Table Rock Road, Highway 62, Highway 140, and I-5.
A gated fence encloses the property, with paved exterior space available for parking and other site use. Access routes include Table Rock Road, Highway 62, Highway 140, and I-5.
Key Highlights
- 6,000‑square‑foot steel‑frame building on 0.5 acre
- General Industrial zoning and three‑phase power
- Warehouse, manufacturing, distribution, and office areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,698
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,093,960
$1.1M
Cap Rate 7%
$781,400
$781.4K
Cap Rate 9%
$607,756
$607.8K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$90.0K $15.00/SF
− Vacancy
−$5.9K −$0.98/SF
EGI
$84.2K $14.03/SF
− OpEx
−$29.5K −$4.91/SF
NOI
$54.7K $9.12/SF
Area
Jackson County, OR
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,093,960
Cap Rate 7%
$781,400
Cap Rate 9%
$607,756
Alternative Uses
Best Use
Flex RnD
$781.4K
$683.7K – $911.6K
NOI $54,698 @ 7.0% cap · market cap 7.30%
Second Best
Warehouse
$663.8K
$580.8K – $774.5K
NOI $46,467 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,376 @ 7.0% cap · market cap 13.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97503, OR
12,349
Population
4,708
Households
2.6
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
81.7 sq mi
ZIP Area
151
Density / Sq Mi
$65,040
Median Household Income
$35,834
Median Earnings
$1,082
Median Rent
$299,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - General Industrial zoning, three-phase power, and secured exterior areas support a range of industrial functions.
Where is this flex space located?
The property is located at 111 Trout Way White City, OR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 6,000‑square‑foot steel‑frame building on 0.5 acre; General Industrial zoning and three‑phase power; Warehouse, manufacturing, distribution, and office areas
