Brand-New Industrial
For Sale
$1,790,000
1339 Avenue F, White City, OR 97503
Two brand-new industrial buildings with high-capacity 3-phase power on a corner lot.
Property Size12,800 SF
Lot Size1.19 Acres
Price / SF$139.84
Days on Market22
Property Features for 1339 Avenue F
General Information
Standard status
Active
Size
12,800 SF
Lot size
1.19 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Heavy Power
Yes
Building Details
Year Built
2025
Listing Agency:
eXp Realty, LLC
(541) 326-6596
Listed By:
Steve Thomas Group · License #201221244
Source:
541sold
Added: Jul 20
Changed: Jul 21
Last Checked: Aug 10 at 8:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
This sale includes two brand-new commercial industrial buildings designed to support modern operations. The main building totals 9,600 square feet and is equipped with a 1,600-amp, 3-phase, 480-volt electrical system. A secondary building adds 3,200 square feet with 800-amp, 3-phase, 480-volt power, creating flexibility for additional production, storage, or office use.
The property sits on a 1.19-acre corner lot with two access points from different roads, supporting efficient traffic flow for deliveries and large vehicles. Site features include ample space for parking, loading, and yard use, positioned within an established industrial area with easy access to major highways.
Owner carry options are available. For-sale offering at 1339 Avenue F, White City, OR 97503.
The property sits on a 1.19-acre corner lot with two access points from different roads, supporting efficient traffic flow for deliveries and large vehicles. Site features include ample space for parking, loading, and yard use, positioned within an established industrial area with easy access to major highways.
Owner carry options are available. For-sale offering at 1339 Avenue F, White City, OR 97503.
Key Highlights
- Two brand‑new commercial industrial buildings built in 2025.
- 9,600 SF main facility with 1,600‑amp, 3‑phase, 480V electrical service.
- 3,200 SF secondary building with 800‑amp, 3‑phase, 480V power.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$99,130
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,982,600
$2.0M
Cap Rate 7%
$1,416,143
$1.4M
Cap Rate 9%
$1,101,444
$1.1M
Market Conditions
NOI Build-Up for 12,800 SF
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.
Gross rent
$121.3K $9.48/SF
− Vacancy
−$4.7K −$0.37/SF
EGI
$116.6K $9.11/SF
− OpEx
−$17.5K −$1.37/SF
NOI
$99.1K $7.74/SF
Area
Jackson County, OR
Vacancy
3.89%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,982,600
Cap Rate 7%
$1,416,143
Cap Rate 9%
$1,101,444
Alternative Uses
Best Use
Warehouse
$1.42M
$1.24M – $1.65M
NOI $99,130 @ 7.0% cap · market cap 5.54%
Second Best
Industrial
$1.17M
$1.02M – $1.36M
NOI $81,637 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $216,269 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Two brand-new industrial buildings with high-capacity 3-phase power on a corner lot.
Where is this manufacturing property located?
The property is located at 1339 Avenue F White City, OR.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Two brand‑new commercial industrial buildings built in 2025.; 9,600 SF main facility with 1,600‑amp, 3‑phase, 480V electrical service.; 3,200 SF secondary building with 800‑amp, 3‑phase, 480V power.
