Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2738 Montelius St Klamath Falls, OR

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Newer self-storage facility with strong cash flow and high occupancy.

    Type:INDUSTRIAL
    Property size:
    154,000 SF
    Lot size:
    0.69 Acres
    Price / SF:
    $8/SF
    Added:
    Oct 7, 2025
    Days on Market:
    206
    Last Refresh:
    Apr 5 at 9:25 pm

    Property Features for 2738 Montelius St

    General Information

    Standard status
    Active
    Size
    154,000 SF
    Lot size
    0.69 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Robert Jellesed
    Robert Jellesed

    Listing agent Robert Jellesed

    Listing office RE/Max Platinum

    Listing date Oct 7, 2025

    Source Moodyscre

    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 RE/Max Platinum

    Overview

    Klamath Falls Self-Storage Investment

    This well-maintained self-storage facility in Klamath Falls presents an investment opportunity. The property features 85 rentable units and a manager's office. The unit mix includes 35 spaces at 10' x 15' and 50 spaces at 10' x 20'. The facility benefits from consistently high occupancy and automated management systems. The property is of modern construction and offers secure access. It is strategically located to serve surrounding residential and commercial communities, benefiting from steady demand. The property size is 154000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C & H Storage ... Storage Facility

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.797
    Latitude
    42.2462

    Nearby Similar for Sale

    • $420,000
      2,658 SF

      Updated Duplex with City Views

      Well-maintained investment property in Moyina Heights with city and mountain views.
      1752 Kimberly Drive, Klamath Falls, OR 97603
      View Details
    • $359,000
      1,220 SF

      Klamath Falls Income Property

      Income-producing property with two homes on a spacious lot.
      2539 Kane Street, Klamath Falls, OR 97603
      View Details
    • $309,000
      1,846 SF

      Klamath Falls Duplex For Sale

      Duplex in Klamath Falls with separately fenced yards.
      1320 Summers Lane, Klamath Falls, OR 97603
      View Details
    • $325,000
      2,100 SF

      Klamath Falls Multi-Family Opportunity

      Two houses on a corner lot with income potential.
      2404 -2406 Gettle Street, Klamath Falls, OR 97603
      View Details
    • $649,999
      2,509 SF

      Thriving Market with Residential Unit

      Profitable market with living quarters in Klamath Falls, Oregon.
      3802 Altamont Drive, Klamath Falls, OR 97603
      View Details
    • $375,000
      2,737 SF

      Versatile Commercial Property with Residential Use

      Multi-use property in downtown Klamath Falls with commercial zoning.
      1146 Pine Street, Klamath Falls, OR 97601
      View Details
    • $375,000
      2,737 SF

      Versatile Mixed-Use Property Downtown

      Commercial/residential property with multi-use potential in Klamath Falls.
      1146 Pine Street, Klamath Falls, OR 97601
      View Details
    • $250,000
      2,922 SF

      Commercial Building on Main Street

      Two-unit commercial building in Klamath Falls, both units rented.
      427 Main Street, Klamath Falls, OR 97601
      View Details
    • $498,750
      3,325 SF

      Downtown Klamath Falls Commercial Building

      Mixed-use building with office and restaurant spaces in downtown Klamath.
      513 Main Street, Klamath Falls, OR 97601
      View Details
    • $434,000
      9,500 SF

      Klamath Falls Commercial Property

      Versatile 9,500 sq ft property leased to Klamath Community College.
      357 E Main St, Klamath Falls, OR 97601
      View Details
    • $175,000
      3,100 SF

      Klamath Falls Commercial Brick Building

      3100 sq ft building suitable for various commercial uses.
      4134 Balsam Drive, Klamath Falls, OR 97601
      View Details
    • $450,000
      5,525 SF

      Light Industrial Shop on Adams

      Well-maintained 5,525 SF light industrial shop for sale.
      1225 Adams St, Klamath Falls, OR 97601
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Newer self-storage facility with strong cash flow and high occupancy.
    Where is this self storage facility located?
    The property is located at 2738 Montelius St Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Strong and stable cash flow with consistently high occupancy.; Newer, well‑maintained, turn‑key facility requiring minimal oversight.; **85 rentable units with a desirable mix of 10' x 15' and 10' x 20' spaces.**
    (541) 601-7649 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robert Jellesed
    Robert Jellesed
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!