Renovated Office
For Sale
$1,100,000
4745 S 6th St, Klamath Falls, OR 97603
Multiple office areas are complemented by conference, breakroom, and technology spaces.
Property Size5,985 SF
Lot Size0.45 Acres
Price / SF$183.79
Days on Market11
Property Features for 4745 S 6th St
General Information
Standard status
Active
Size
5,985 SF
Lot size
0.45 Acres
Property subtype
Commercial
Additional Details
Asking Price
$1,100,000
Building Details
Year Built
1980
Buildings
1
Building Size
5,985 SF
Listing Agency:
Coldwell Banker Holman Premier
Listed By:
Tony M Nunes
(541) 840-0342
Source:
Portlandoregonhomelistings
Added: Oct 7
Changed: Oct 16
Last Checked: Oct 16 at 8:25AM
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 Coldwell Banker Holman Premier
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Investment Insights
Based on property information with market context.
This 5,985 SF office building, constructed in 1980, sits on approximately .45 acre in Klamath Falls. Renovations have been completed, and the layout includes office areas, a conference room, a breakroom, and technology space. The property also has on-site parking and convenient access.
The current owner may consider leasing back part or all of the building, offering a potential occupancy arrangement for a purchaser. The property is located at 4745 S 6th Street.
The current owner may consider leasing back part or all of the building, offering a potential occupancy arrangement for a purchaser. The property is located at 4745 S 6th Street.
Key Highlights
- 5,985 SF office building on approximately .45 acre
- Built in 1980 and extensively renovated
- Office, conference, breakroom, and technology spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,329
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,580
$1.2M
Cap Rate 7%
$861,843
$861.8K
Cap Rate 9%
$670,322
$670.3K
Market Conditions
NOI Build-Up for 5,985 SF
Gross rent
$100.5K $16.80/SF
− Vacancy
−$20.1K −$3.36/SF
EGI
$80.4K $13.44/SF
− OpEx
−$20.1K −$3.36/SF
NOI
$60.3K $10.08/SF
Area
Klamath County, OR
Vacancy
20.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,580
Cap Rate 7%
$861,843
Cap Rate 9%
$670,322
Alternative Uses
Best Use
Office B
$861.8K
$754.1K – $1.01M
NOI $60,329 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,632 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 97603, OR
31,302
Population
13,568
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
91%
High-School Grad
340.6 sq mi
ZIP Area
92
Density / Sq Mi
$64,272
Median Household Income
$41,124
Median Earnings
$987
Median Rent
$251,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Multiple office areas are complemented by conference, breakroom, and technology spaces.
Where is this office building located?
The property is located at 4745 S 6th St Klamath Falls, OR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,985 SF office building on approximately .45 acre; Built in 1980 and extensively renovated; Office, conference, breakroom, and technology spaces
