Industrial Building with Truck
For Sale
Contact for pricing
2739 High Desert Dr., Prineville, OR 97754
Industrial Park property with highway visibility, truck access, and additional land for future development or yard use.
Property Size31,600 SF
Price / SF$142.41
Days on Market63
Property Features for 2739 High Desert Dr.
General Information
Standard status
Active
Size
31,600 SF
Property subtype
Retail, Industrial
Zoning
Industrial Park
Investment Type
Owner/User
Building Details
Year Built
2002
Buildings
3
Tenancy
Multi
Listing Agency:
Compass Commercial Real Estate Services
Listed By:
Terry O'Neil · License #OR 201103123
Source:
Crexi
Added: Aug 20
Changed: Oct 15
Last Checked: Oct 19 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 Compass Commercial Real Estate Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2002, this 31,600-square-foot industrial property is located within Baldwin Road Industrial Park in Prineville, Oregon. The site includes truck access and visibility from Hwy 126, supporting industrial operations that require regional roadway connectivity.
The property is near the Facebook and Apple Data Centers and includes additional land that can support future development or expanded yard space. Zoning is designated Industrial Park, providing a clear industrial setting for owner-user operations.
The property is near the Facebook and Apple Data Centers and includes additional land that can support future development or expanded yard space. Zoning is designated Industrial Park, providing a clear industrial setting for owner-user operations.
Key Highlights
- 31,600 SF industrial property
- Located within Baldwin Road Industrial Park
- Truck access and visibility from Hwy 126
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$291,819
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,836,380
$5.8M
Cap Rate 7%
$4,168,843
$4.2M
Cap Rate 9%
$3,242,433
$3.2M
Market Conditions
NOI Build-Up for 31,600 SF
Gross rent
$428.5K $13.56/SF
− Vacancy
−$11.6K −$0.37/SF
EGI
$416.9K $13.19/SF
− OpEx
−$125.1K −$3.96/SF
NOI
$291.8K $9.23/SF
Area
Crook County, OR
Vacancy
2.71%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,836,380
Cap Rate 7%
$4,168,843
Cap Rate 9%
$3,242,433
Alternative Uses
Best Use
Industrial
$4.17M
$3.65M – $4.86M
NOI $291,819 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.65M
$11.94M – $15.93M
NOI $955,584 @ 7.0% cap · market cap 21.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 97754, OR
21,627
Population
9,985
Households
2.2
Avg Household Size
46
Median Age
21%
College-Educated
90%
High-School Grad
1,370.6 sq mi
ZIP Area
16
Density / Sq Mi
$76,698
Median Household Income
$42,395
Median Earnings
$1,224
Median Rent
$397,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial Park property with highway visibility, truck access, and additional land for future development or yard use.
Where is this industrial property located?
The property is located at 2739 High Desert Dr. Prineville, OR.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 31,600 SF industrial property; Located within Baldwin Road Industrial Park; Truck access and visibility from Hwy 126
