Industrial Warehouse with Secure
For Sale
$1,200,000
188 W Sisters Park Drive, Sisters, OR 97759
Light Industrial zoning, dedicated office space, and multiple roll-up doors support warehouse and automotive-related operations.
Property Size4,725 SF
Lot Size0.78 Acres
Price / SF$253.97
Days on Market99
Property Features for 188 W Sisters Park Drive
General Information
Standard status
Active
Size
4,725 SF
Lot size
0.78 Acres
Property subtype
Commercial
Zoning
Light Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
24.6 ft
Power
600 amps
Three-Phase Power
Yes
Amenities
secure yard
office area
roll-up doors
high ceiling
three-phase electrical
Building Details
Year Built
2019
Buildings
1
Building Size
4,725 SF
Listing Agency:
Compass Commercial Real Estate
Listed By:
Graham Dent · License #201207955
(541) 848-4064
Source:
Century21northhomes
Added: Jul 24
Changed: Oct 28
Last Checked: Oct 28 at 9:11AM
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 Compass Commercial Real Estate
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Investment Insights
Based on property information with market context.
Built in 2019, this 4,725-square-foot industrial building occupies a 0.78-acre lot in Sisters Industrial Park. The property includes approximately 0.40 acres of excess secure yard space, onsite parking, six roll-up doors, a 24-foot 7-inch peak ceiling, and three-phase 600-amp electrical service. Door configuration includes two 14-foot doors and four 12-foot doors.
The office component provides a reception and waiting area, two private offices, a breakroom, and two restrooms. Zoned Light Industrial (LI), the property has frontage and visibility along West Sisters Park Drive and sits less than 1/2 mile from Highway 20. The building is configured for an automotive-related user, with zoning confirmation to be independently verified with the City of Sisters. Business assets are available separately through the listing broker.
The office component provides a reception and waiting area, two private offices, a breakroom, and two restrooms. Zoned Light Industrial (LI), the property has frontage and visibility along West Sisters Park Drive and sits less than 1/2 mile from Highway 20. The building is configured for an automotive-related user, with zoning confirmation to be independently verified with the City of Sisters. Business assets are available separately through the listing broker.
Key Highlights
- 4,725 SF industrial building completed in 2019
- 0.78‑acre lot with approximately 0.40 acres of excess secure yard space
- Six roll‑up doors: two 14 ft. and four 12 ft.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,984
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,680
$1.1M
Cap Rate 7%
$756,914
$756.9K
Cap Rate 9%
$588,711
$588.7K
Market Conditions
NOI Build-Up for 4,725 SF
Gross rent
$64.1K $13.56/SF
− Vacancy
−$1.7K −$0.37/SF
EGI
$62.3K $13.19/SF
− OpEx
−$9.4K −$1.98/SF
NOI
$53.0K $11.21/SF
Area
Deschutes County, OR
Vacancy
2.71%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,680
Cap Rate 7%
$756,914
Cap Rate 9%
$588,711
Alternative Uses
Best Use
Retail
$1.63M
$1.42M – $1.90M
NOI $113,831 @ 7.0% cap · market cap 9.49%
Second Best
Warehouse
$756.9K
$662.3K – $883.1K
NOI $52,984 @ 7.0% cap · market cap 4.42%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
24 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97759, OR
7,787
Population
5,110
Households
1.5
Avg Household Size
55
Median Age
49%
College-Educated
95%
High-School Grad
545.7 sq mi
ZIP Area
14
Density / Sq Mi
$100,848
Median Household Income
$39,237
Median Earnings
$1,402
Median Rent
$695,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Sisters Storage & Rental — 331 W Barclay Dr, Sisters, OR 97759
- Blue Elephant Storage Sisters — 157 Sisters Park Dr, Sisters, OR 97759
- Traveler's Rest RV Storage — 177 Sisters Park Dr, Sisters, OR 97759
- Cascade Storage — 581 N Larch St, Sisters, OR 97759
- Sisters Self Storage Annexx — 490 W Three Peaks Dr, Sisters, OR 97759
Frequently Asked Questions
What type of property is this?
Warehouse - Light Industrial zoning, dedicated office space, and multiple roll-up doors support warehouse and automotive-related operations.
Where is this warehouse located?
The property is located at 188 W Sisters Park Drive Sisters, OR.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,725 SF industrial building completed in 2019; 0.78‑acre lot with approximately 0.40 acres of excess secure yard space; Six roll‑up doors: two 14 ft. and four 12 ft.
