Light Industrial Manufacturing
351 Rogue River Parkway Talent, OR 97540
351 Rogue River Parkway, Talent, OR, 97540
$3,000,000
For Sale
$3,000,000
Zoned LI, the fully insulated building includes office/conference space and dedicated manufacturing, design, and shipping areas.
Property Size33,000 SF
Lot Size3.89 Acres
Price / SF$90.91
Days on Market15
Property Features for 351 Rogue River Parkway
General Information
- Standard status
- Active
- Size
- 33,000 SF
- Lot size
- 3.89 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1993
Listing agency
John L. Scott Medford
(541) 941-6561
Listed by
Jeff Johnson · License #200402091
(541) 941-6561
Source
Allprofessionalsre
Added: Jul 9 Updated: Jul 22 at 6:45PM Checked: Jul 22 at 6:45PM
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 John L. Scott Medford
Investment Insights
Based on property information with market context.
A historically established light industrial facility zoned LI, offered for sale for the first time. The building totals 33,000 square feet, with approximately 4,420 square feet of office and conference space and approximately 28,580 square feet dedicated to manufacturing, design, and shipping. The manufacturing area is equipped with multiple power and water stations, natural gas heaters, break rooms, storage, and separate bathrooms. The building is fully insulated, and the roof was replaced in 2023.
The property is sited on 3.89 acres and includes a large 69-space parking lot with a picnic shelter, as well as rear yard storage. Located in Talent, it is positioned for efficient access to I-5 and the Southern Oregon market.
With its on-site utilities, insulated manufacturing layout, and both office and production-ready space, this property is suited for light manufacturing, assembly, or warehousing uses within an LI zoning framework.
The property is sited on 3.89 acres and includes a large 69-space parking lot with a picnic shelter, as well as rear yard storage. Located in Talent, it is positioned for efficient access to I-5 and the Southern Oregon market.
With its on-site utilities, insulated manufacturing layout, and both office and production-ready space, this property is suited for light manufacturing, assembly, or warehousing uses within an LI zoning framework.
Key Highlights
- 33,000 SF industrial building on 3.89 acres with LI (light industrial) zoning
- 4,420 SF office/conference space plus 28,580 SF manufacturing, design, and shipping area
- Fully insulated manufacturing area with large natural gas heaters, break rooms, storage, and separate bathrooms
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $312.8k | $9.48 |
| − Vacancy | −$12.2k | −$0.37 |
| EGI | $300.7k | $9.11 |
| − OpEx | −$45.1k | −$1.37 |
| NOI | $255.6k | $7.74 |
33,000 SF · lease $9.48/SF/yr · vacancy 3.89% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$4.30M
$3.76M – $5.01M
NOI $300,836 @ 7.0% cap · market cap 10.03%
Second Best
Warehouse
$3.65M
$3.19M – $4.26M
NOI $255,570 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$7.97M
$6.97M – $9.29M
NOI $557,568 @ 7.0% cap · market cap 18.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Micro-Trains Line Co.
Corporate Office
N Scale Convention
Association Or Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Zoned LI, the fully insulated building includes office/conference space and dedicated manufacturing, design, and shipping areas.
Where is this flex space located?
The property is located at 351 Rogue River Parkway Talent, OR.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 33,000 SF industrial building on 3.89 acres with LI (light industrial) zoning; 4,420 SF office/conference space plus 28,580 SF manufacturing, design, and shipping area; Fully insulated manufacturing area with large natural gas heaters, break rooms, storage, and separate bathrooms
