Self-Storage Facility with Keypad
1451 SW Olive Street, Madras, OR 97741
For Sale
$4,900,000
Built in 2025, the property combines a 290-unit inventory with automated gate access and self-service tenant enrollment.
Property Size51,675 SF
Lot Size3.00 Acres
Price / SF$94.82
Days on Market525
Property Features for 1451 SW Olive Street
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Fenced Yard
Self-Storage Units
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
keypad entry automated gate
privacy fencing
ADA parking
self-serve tenant signup system
exterior security lighting
WiFi connectivity
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty, LLC
Listed By:
E Lamar Yoder · License #201207796
(503) 915-8271
Source:
Avenirrealtygroup
Added: Jun 1, 2025
Changed: Nov 7
Last Checked: Nov 7 at 1:08PM
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
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Investment Insights
Based on property information with market context.
Completed in 2025, this self-storage property contains 51,675 square feet beneath roof across 290 units on 3 acres. Keypad-controlled gate access, a self-service tenant signup system, exterior security lighting, and WiFi serve the facility. Site improvements include privacy fencing, ADA parking, curbs, sidewalks, and a paved street.
The property is located at 1451 SW Olive Street in Madras, Oregon. Projected cap rate is 7%+ based on estimated annual income.
The property is located at 1451 SW Olive Street in Madras, Oregon. Projected cap rate is 7%+ based on estimated annual income.
Key Highlights
- 290 storage units across 51,675 square feet on 3 acres
- Projected cap rate of 7%+
- Completed in 2025
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Explore this area
Business Placement
Demographics for 97741, OR
13,753
Population
4,777
Households
2.9
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
363.9 sq mi
ZIP Area
38
Density / Sq Mi
$69,696
Median Household Income
$37,641
Median Earnings
$993
Median Rent
$308,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Self storage facility - Built in 2025, the property combines a 290-unit inventory with automated gate access and self-service tenant enrollment.
Where is this self storage facility located?
The property is located at 1451 SW Olive Street Madras, OR.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 290 storage units across 51,675 square feet on 3 acres; Projected cap rate of 7%+; Completed in 2025
