Self Storage Facility with Cabin
5405 N Highway 97 Klamath Falls, OR 97601
5405 N Highway 97, Klamath Falls, OR, 97601
$999,999
For Sale
$999,999
Self storage facility with a front cabin/office and pellet stove, plus storage unit sizes ranging from 5x5 to 17x30.
Property Size5,800 SF
Lot Size2.96 Acres
Price / SF$172.41
Days on Market273
Property Features for 5405 N Highway 97
General Information
- Standard status
- Active
- Size
- 5,800 SF
- Lot size
- 2.96 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1987
Listing agency
Oregon Adventure Realty
(541) 991-2577
Listed by
Christopher Trotter
(541) 991-2577
Source
Xome
Added: Oct 23, 2025 Updated: Jul 22 at 7:33AM Checked: Jul 22 at 7:33AM
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 Oregon Adventure Realty
Investment Insights
Based on property information with market context.
This property is a self storage facility featuring a cabin/office located at the front of the site. The cabin/office is approximately 905 square feet and includes 2 bedrooms and 1 bathroom, with a new pellet stove. Storage units vary in size from 5x5 up to 17x30, providing options for different storage needs.
The facility is located right off Highway 97 N in Klamath Falls, Oregon. The primary property is 1.96 acres, and it also includes an additional tax lot at the end of the site totaling 1 acre.
That second tax lot has been used for boat and RV storage, creating another source of income alongside the self storage units. The property is offered for sale with the opportunity for updating and ongoing management.
The facility is located right off Highway 97 N in Klamath Falls, Oregon. The primary property is 1.96 acres, and it also includes an additional tax lot at the end of the site totaling 1 acre.
That second tax lot has been used for boat and RV storage, creating another source of income alongside the self storage units. The property is offered for sale with the opportunity for updating and ongoing management.
Key Highlights
- Self‑storage facility on 1.96‑acre lot with a front cabin/office (905 SF) off Hwy 97 N
- Cabin/office features 2 bedrooms and 1 bath with a new pellet stove
- Storage unit sizes range from 5x5 to 17x30
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 | $74.8k | $12.90 |
| − Vacancy | −$2.9k | −$0.50 |
| EGI | $71.9k | $12.40 |
| − OpEx | −$10.8k | −$1.86 |
| NOI | $61.1k | $10.54 |
5,800 SF · lease $12.90/SF/yr · vacancy 3.89% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$873.2K
$764.0K – $1.02M
NOI $61,123 @ 7.0% cap · market cap 6.11%
Second Best
Self Storage
$704.4K
$616.3K – $821.8K
NOI $49,305 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $82,985 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Self storage facility with a front cabin/office and pellet stove, plus storage unit sizes ranging from 5x5 to 17x30.
Where is this self storage facility located?
The property is located at 5405 N Highway 97 Klamath Falls, OR.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Self‑storage facility on 1.96‑acre lot with a front cabin/office (905 SF) off Hwy 97 N; Cabin/office features 2 bedrooms and 1 bath with a new pellet stove; Storage unit sizes range from 5x5 to 17x30
