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Dock-Height Warehouse with Office

1686 SE N St Grants Pass, OR 97526

1686 SE N St, Grants Pass, OR, 97526
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For Sale
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Dock-height covered warehouse includes a climate-controlled office and walk-in refrigeration/freezer units on a fenced lot.

Property Size3,948 SF
Lot Size1.47 Acres
Price / SF$202.63
Days on Market146

Property Features for 1686 SE N St

General Information

Standard status
Active
Size
3,948 SF
Lot size
1.47 Acres
Property subtype
Industrial

Building Details

Year Built
1990
Listing agency Pulver & Leever Real Estate Company
Listed by William "Jeremy" Leever · License #OR 780301889
Source Crexi
Added: Feb 26 Updated: Jul 22 at 1:06AM Checked: Jul 22 at 1:06AM

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 Pulver & Leever Real Estate Company


Investment Insights

Based on property information with market context.

This dock-height warehouse includes an approximately 3,948 square foot covered open-air dock building with fully enclosed, climate-controlled office space. The covered dock area is supported by a large free-standing walk-in refrigerator and a separate free-standing walk-in freezer unit. The site is situated on a fenced lot sized at approximately 1.47 acres, with room for trucks, parking, and storage.

The property’s layout also allows for possible future building area on the lot, offering flexibility for additional development subject to applicable approvals. The configuration is well-suited to operations that require covered loading space plus on-site, climate-controlled office support.

Key Highlights

  • Approximately 3,948 SF dock‑height covered warehouse on an approx. 1.47‑acre fenced lot
  • Covered dock area includes a large free‑standing walk‑in refrigerator and separate free‑standing walk‑in freezer
  • Includes fully enclosed, climate‑controlled office space

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $66.3k $16.80
− Vacancy −$6.3k −$1.60
EGI $60.0k $15.20
− OpEx −$15.0k −$3.80
NOI $45.0k $11.40
3,948 SF · lease $16.80/SF/yr · vacancy 9.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$643.1K
$562.7K – $750.3K (±1% cap)
NOI $45,019 @ 7.0% cap · market cap 5.63%
Second Best
Warehouse
$423.6K
$370.6K – $494.2K (±1% cap)
NOI $29,650 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$895.2K
$783.3K – $1.04M (±1% cap)
NOI $62,661 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Umpqua Dairy Products ... Agricultural Supply

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Bakery Barber Shop HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Attic Self-Service Storage — 1715 Rogue River Hwy, Grants Pass, OR 97527
  • M Street Mini Storage — 1000 SE M St # C, Grants Pass, OR 97526
  • Lee's Mini Storage — 1249 Rogue River Hwy, Grants Pass, OR 97527
  • Your Storage Solution — 1270 Rogue River Hwy, Grants Pass, OR 97527
  • Lee’s Storage — 1249 Rogue River Hwy, Grants Pass, OR 97527

FAQs

What type of property is this?
Warehouse - Dock-height covered warehouse includes a climate-controlled office and walk-in refrigeration/freezer units on a fenced lot.
Where is this warehouse located?
The property is located at 1686 SE N St Grants Pass, OR.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Approximately 3,948 SF dock‑height covered warehouse on an approx. 1.47‑acre fenced lot; Covered dock area includes a large free‑standing walk‑in refrigerator and separate free‑standing walk‑in freezer; Includes fully enclosed, climate‑controlled office space
Contact an agent
(541) 773-5391 Call to check price and availability
More about this property
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