Modern Industrial Facility on Redwood
For Sale
$850,000
30073 Redwood Hwy, Cave Junction, OR 97523
Purpose-built 3,060 SF industrial facility on 1.38 acres.
Property Size3,060 SF
Lot Size1.38 Acres
Price / SF$277.78
Days on Market438
Property Features for 30073 Redwood Hwy
General Information
Standard status
Active
Size
3,060 SF
Lot size
1.38 Acres
Taxes and HOA fees
Annual Taxes
$3,051
Listing Agency:
exp realty, llc
(941) 462-3321
Listed By:
China Rose · License #201218988
(541) 951-9281
Source:
Exprealty
Added: Aug 5, 2025
Changed: Oct 11
Last Checked: Oct 16 at 2:25PM
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 exp realty, llc
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Investment Insights
Based on property information with market context.
Located on Redwood Highway, this industrial facility offers a rare opportunity in Southern Oregon's Illinois Valley. Constructed in 2019, the 3,060 square foot commercial building is situated on 1.38 fenced acres. The Rural Industrial zoning allows for various business uses, including research, production, light manufacturing, processing, and laboratory operations. The building features professional laboratory infrastructure, specialized chemical storage rooms, modern HVAC systems, and high-capacity electrical service with 3-phase power and a backup diesel generator. The property provides security and functionality with gated access, ample parking, paved access, and a level usable yard suitable for additional operational infrastructure. The location off Redwood Highway (US-199) offers strong regional access while maintaining privacy and operational flexibility. The property is suitable for research labs, cannabis processors, agricultural tech companies, specialty manufacturing, distribution, or industrial flex operations. The facility spans 3,060 square feet on a single level, providing efficient workflow between office, lab, and operational spaces. The interior includes professional-grade infrastructure designed to support laboratory environments, including specialized ventilation, chemical storage compliance areas, and modern climate control systems. The electrical system includes 3-phase power, supporting commercial equipment and manufacturing applications. The property's location provides convenient access to Grants Pass, Medford, and Northern California, making it a strategic base for regional operations. The property is located minutes from downtown Cave Junction and approximately 30 minutes from Grants Pass. The Redwood Highway provides direct access to Interstate 5.
Key Highlights
- Modern 3,060 SF industrial building constructed in 2019 with professional laboratory infrastructure.
- 1.38‑acre fully fenced site with Rural Industrial zoning allowing for diverse business uses.
- Equipped with 3‑phase power and a backup diesel generator for reliable operations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,252
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,040
$505.0K
Cap Rate 7%
$360,743
$360.7K
Cap Rate 9%
$280,578
$280.6K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$42.2K $13.80/SF
− Vacancy
−$3.4K −$1.10/SF
EGI
$38.8K $12.70/SF
− OpEx
−$13.6K −$4.44/SF
NOI
$25.3K $8.25/SF
Area
Josephine County, OR
Vacancy
8.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,040
Cap Rate 7%
$360,743
Cap Rate 9%
$280,578
Alternative Uses
Best Use
Flex RnD
$360.7K
$315.7K – $420.9K
NOI $25,252 @ 7.0% cap · market cap 2.97%
Second Best
Industrial
$270.4K
$236.6K – $315.4K
NOI $18,925 @ 7.0% cap · market cap 2.23%
Theoretical Best
Office A
$693.8K
$607.1K – $809.5K
NOI $48,567 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 97523, OR
6,548
Population
3,606
Households
1.8
Avg Household Size
50
Median Age
18%
College-Educated
91%
High-School Grad
250.3 sq mi
ZIP Area
26
Density / Sq Mi
$45,960
Median Household Income
$27,227
Median Earnings
$1,239
Median Rent
$301,000
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
Frequently Asked Questions
What type of property is this?
Manufacturing property - Purpose-built 3,060 SF industrial facility on 1.38 acres.
Where is this manufacturing property located?
The property is located at 30073 Redwood Hwy Cave Junction, OR.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Modern 3,060 SF industrial building constructed in 2019 with professional laboratory infrastructure.; 1.38‑acre fully fenced site with Rural Industrial zoning allowing for diverse business uses.; Equipped with 3‑phase power and a backup diesel generator for reliable operations.
