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Flex Industrial Building

4035 S 6th St Klamath Falls, OR 97603

New
4035 S 6th St, Klamath Falls, OR, 97603
$400,000
For Sale
$400,000

Updated 3,480 sq. ft. flex/industrial building with rear bay door, fenced paved yard, and multiple bathroom areas.

Property Size3,480 SF
Price / SF$114.94
Days on Market3

Property Features for 4035 S 6th St

General Information

Standard status
Active
Size
3,480 SF

Building Details

Year Built
9999
Listing agency Keller Williams Realty Southern Oregon
Listed by Dennis Hall · License #02237378
Source 541sold
Added: Jul 21 Updated: Jul 22 at 5:10PM Checked: Jul 22 at 5:10PM

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 Keller Williams Realty Southern Oregon


Investment Insights

Based on property information with market context.

Immaculate updated commercial flex/industrial building totaling 3,480 sq. ft. The interior includes two large open areas plus two smaller areas, with newer laminate flooring in the main areas. For services and operations, the building features newer natural gas forced heat and air, on-demand hot water, and three bathroom areas.

A rear bay door provides street-level loading. The property also includes a fenced yard with a paved entrance at the rear.

The layout is set up in a way that could easily be divided into two units, allowing one side for an operating business while the other side can be rented.

Key Highlights

  • 3,480 sq. ft. updated commercial/flex building with two large open areas and two smaller areas
  • Rear street‑level bay door provides loading access
  • Fenced yard with paved rear entrance

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 $44.9k $12.90
− Vacancy −$1.7k −$0.50
EGI $43.1k $12.40
− OpEx −$6.5k −$1.86
NOI $36.7k $10.54
3,480 SF · lease $12.90/SF/yr · vacancy 3.89% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$523.9K
$458.4K – $611.2K (±1% cap)
NOI $36,674 @ 7.0% cap · market cap 9.17%
Second Best
Industrial
$431.5K
$377.5K – $503.4K (±1% cap)
NOI $30,202 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$711.3K
$622.4K – $829.9K (±1% cap)
NOI $49,791 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Real Estate Agency Electrical Service Garden Center Kitchen & Bath Showroom Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Pharmacy Furniture & Home Goods

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

Similar Off Market Nearby

  • Clarabells Catering — 2245 Crest St #2, Klamath Falls, OR 97603

FAQs

What type of property is this?
Flex space - Updated 3,480 sq. ft. flex/industrial building with rear bay door, fenced paved yard, and multiple bathroom areas.
Where is this flex space located?
The property is located at 4035 S 6th St Klamath Falls, OR.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3,480 sq. ft. updated commercial/flex building with two large open areas and two smaller areas; Rear street‑level bay door provides loading access; Fenced yard with paved rear entrance
Contact an agent
More about this property
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