SW Layton Ct Prineville, OR 97754
Modern industrial condo complex near highways and airport in Prineville.
Property Features for SW Layton Ct
General Information
- Standard status
- Active
- Size
- 4,173 SF
- Lot size
- 1.69 Acres
- Property subtype
- Industrial
Listing office Fratzke Commercial Real Estate (541) 306-4948
Listing date Nov 1, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in Tom McCall Business Park near major highways, the airport, Facebook, and Apple.
- Brand new industrial condominium complex with flexible warehouse and office space.
- M‑1 (Light Industrial) zoning allows for a variety of business operations.
Local Financial Insights For Flex RnD
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 | $90.1k | $21.60 |
| − Vacancy | −$2.7k | −$0.65 |
| EGI | $87.4k | $20.95 |
| − OpEx | −$30.6k | −$7.33 |
| NOI | $56.8k | $13.62 |