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Industrial Warehouse with Six Bays

93303 Prairie Rd Junction City, OR 97448

93303 Prairie Rd, Junction City, OR, 97448
$895,000
For Sale
$895,000

Newer flex warehouse built in 2018 with six independent bays, private offices, and ADA restrooms.

Property Size5,760 SF
Lot Size0.49 Acres
Price / SF$155.38
Days on Market162

Property Features for 93303 Prairie Rd

General Information

Standard status
Active
Size
5,760 SF
Lot size
0.49 Acres
Listing agency real broker
Listed by Tosh Dickenson · License #201206933
Source Exprealty
Added: Feb 10 Updated: Jul 20 at 9:38PM Checked: Jul 20 at 9:38PM

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 real broker


Investment Insights

Based on property information with market context.

Built in 2018, this industrial warehouse offers fully finished space with six independent bays. Each bay features a 12-foot bay door with electric opener, 14-foot ceilings, and its own mini-split HVAC system, complemented by LED lighting throughout. The facility also includes six 120-square-foot private offices and six ADA-compliant restrooms, supporting flexible use by a single operator or by leasing bays separately.

The property is for sale with Highway 99 frontage, providing prominent signage visibility, and paved parking for 22+ vehicles. Natural gas service and metered electric are in place, and the paved lot supports equipment staging and customer access. A commercial fueling station is located directly across the street.

Zoned for M2 light industrial uses, the property may support a range of operations including equipment repair and maintenance, light manufacturing, warehousing and distribution, material sales, contractor headquarters, specialty trades, and other commercial uses. The property is currently occupied and seller carry terms may be available.

Key Highlights

  • Built in 2018 with 5,760 SF of completely finished light industrial/flex space on 0.49 acres along Highway 99
  • Six independent bays with 12‑ft bay doors (electric openers) and 14‑ft ceilings; suited for single‑tenant or multi‑tenant leasing
  • Each bay includes a mini‑split HVAC system and LED lighting, with natural gas service and metered electric

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 $109.2k $18.96
− Vacancy −$7.4k −$1.29
EGI $101.8k $17.67
− OpEx −$35.6k −$6.18
NOI $66.2k $11.49
5,760 SF · lease $18.96/SF/yr · vacancy 6.80% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$945.1K
$827.0K – $1.10M (±1% cap)
NOI $66,159 @ 7.0% cap · market cap 7.39%
Second Best
Warehouse
$603.0K
$527.7K – $703.6K (±1% cap)
NOI $42,213 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,005 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

OREGON GRIND Catering Service

Suggested Use

Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Kitchen & Bath Showroom Cafe & Coffee Shop Auto Parts Store Grocery & Convenience Store Restaurant

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

Similar Off Market Nearby

  • OREGON GRIND — 93303 Prairie Rd UNIT 6, Junction City, OR 97448

FAQs

What type of property is this?
Flex space - Newer flex warehouse built in 2018 with six independent bays, private offices, and ADA restrooms.
Where is this flex space located?
The property is located at 93303 Prairie Rd Junction City, OR.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Built in 2018 with 5,760 SF of completely finished light industrial/flex space on 0.49 acres along Highway 99; Six independent bays with 12‑ft bay doors (electric openers) and 14‑ft ceilings; suited for single‑tenant or multi‑tenant leasing; Each bay includes a mini‑split HVAC system and LED lighting, with natural gas service and metered electric
Contact an agent
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