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Turnkey Self-Storage Facility with Automated Gate
For Sale
$4,900,000

1456 SW OLIVE ST, Madras, OR 97741

Turnkey 3-acre mini-storage with 290 units and keypad-access automated gate.

Property Size51,675 SF
Lot Size3.00 Acres
Price / SF$94.82
Days on Market465

Property Features for 1456 SW OLIVE ST

General Information

Standard status Active
Size 51,675 SF
Lot size 3.00 Acres

Financials

Cap Rate 7%
Business Included Yes

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,008

Building Details

Building Size 51,675 SF
Year Built 2025
Listing Agency: eXp Realty, LLC
Listed By: E. Lamar Yoder · License #201207796
Source: Tripleoaksrealty
Added: Jun 1, 2025 Changed: Sep 6 Last Checked: Sep 7 at 4:34AM

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.

Turnkey 3-acre self-storage facility offering 51,675 square feet under roof and 290 total units. The property is supported by a self-serve tenant signup system and exterior security lighting, with WiFi connectivity noted for modern operations. Site improvements include a keypad entry automated gate, new curbs and sidewalks, privacy fencing, ADA parking, and a newly paved street.

The facility is located at 1456 SW Olive St in Madras, Oregon, with easy access to all parts of the community. The offering includes an estimate of annual income projecting a 7%+ cap rate.

Key Highlights

  • Newly built 3‑acre self‑storage facility (Year built: 2025) with 51,675 SF under roof and 290 total units
  • Keypad‑entry automated gate with self‑serve tenant signup system for controlled access
  • Recent site improvements include new curbs, sidewalks, privacy fencing, and newly paved street

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply HVAC Service Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Turnkey 3-acre mini-storage with 290 units and keypad-access automated gate.
Where is this self storage facility located?
The property is located at 1456 SW OLIVE ST 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: Newly built 3‑acre self‑storage facility (Year built: 2025) with 51,675 SF under roof and 290 total units; Keypad‑entry automated gate with self‑serve tenant signup system for controlled access; Recent site improvements include new curbs, sidewalks, privacy fencing, and newly paved street
More about this property
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