Medical Office with Laboratory
1905 Main St, Klamath Falls, OR 97601
For Sale
New
Contact for pricing
The facility combines patient-facing areas with supporting workspaces and has ADA entrances on both sides.
Property Size11,000 SF
Lot Size1.00 Acre
Price / SF$0.00
Days on Market1
Property Features for 1905 Main St
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
Bend Premier Real Estate LLC
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Nov 6
Last Checked: Nov 6 at 7:09AM
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 Bend Premier Real Estate LLC
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Investment Insights
Based on property information with market context.
At 1905 Main St, this medical office property in Klamath Falls contains 11,000 square feet across a one-acre site. Its layout places client and patient care areas below upper-level offices, laboratory space, and areas for collaboration. Off-street parking and ADA entrances on both sides serve the building.
The property is next to the City Pool, with a park-like setting described in the listing remarks.
The property is next to the City Pool, with a park-like setting described in the listing remarks.
Key Highlights
- 11,000‑square‑foot medical facility on a one‑acre site
- Upper level includes offices, laboratory space, and collaboration areas
- Patient and client care areas are located below the upper‑level workspaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,782
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,055,640
$2.1M
Cap Rate 7%
$1,468,314
$1.5M
Cap Rate 9%
$1,142,022
$1.1M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$191.4K $17.40/SF
− Vacancy
−$20.1K −$1.83/SF
EGI
$171.3K $15.57/SF
− OpEx
−$68.5K −$6.23/SF
NOI
$102.8K $9.34/SF
Area
Klamath County, OR
Vacancy
10.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,055,640
Cap Rate 7%
$1,468,314
Cap Rate 9%
$1,142,022
Alternative Uses
Best Use
Office B
$1.58M
$1.39M – $1.85M
NOI $110,880 @ 7.0% cap · market cap 616,000.00%
Second Best
Healthcare Medical
$1.47M
$1.28M – $1.71M
NOI $102,782 @ 7.0% cap · market cap 571,011.11%
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,386 @ 7.0% cap · market cap 874,366.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 97601, OR
23,264
Population
10,936
Households
2.1
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
577.8 sq mi
ZIP Area
40
Density / Sq Mi
$53,333
Median Household Income
$31,011
Median Earnings
$972
Median Rent
$266,500
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
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- Gansberg James F DVM — Klamath Falls, OR 97603
- Murphy Shireen DVM — Klamath Falls, OR 97601
- Rabe Chad DVM — Klamath Falls, OR 97601
Frequently Asked Questions
What type of property is this?
Medical Office Space - The facility combines patient-facing areas with supporting workspaces and has ADA entrances on both sides.
Where is this medical office space located?
The property is located at 1905 Main St Klamath Falls, OR.
What are key features of this property?
This property features: 11,000‑square‑foot medical facility on a one‑acre site; Upper level includes offices, laboratory space, and collaboration areas; Patient and client care areas are located below the upper‑level workspaces
