Industrial Warehouse with Fenced
For Sale
$782,000
940 Greenwood St, Junction City, OR 97448
Three-suite configuration supports separate occupancy or a consolidated operation.
Property Size7,821 SF
Price / SF$99.99
Days on Market82
Property Features for 940 Greenwood St
General Information
Standard status
Active
Size
7,821 SF
Building Details
Year Built
1973
Listing Agency:
ICON Real Estate Group
Listed By:
Olaf Junge · License #200705018
(541) 915-2080
Source:
Switzerrealestategroup
Added: Jul 27
Changed: Oct 4
Last Checked: Oct 7 at 5:38PM
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 ICON Real Estate Group
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Investment Insights
Based on property information with market context.
This 7,821-square-foot warehouse at 940 Greenwood St is arranged as three separate suites, allowing the property to function as distinct operating areas or be combined into a larger facility. The building dates to 1973 and is suited to warehouse, manufacturing, distribution, contractor, or service-related operations as described in the property information.
Three additional fenced lots provide outdoor areas for yard storage, truck parking, and equipment staging. The site also offers room for potential expansion or redevelopment. A seller leaseback covering approximately one-third of the building may support a blended owner-occupant and income-producing arrangement.
Three additional fenced lots provide outdoor areas for yard storage, truck parking, and equipment staging. The site also offers room for potential expansion or redevelopment. A seller leaseback covering approximately one-third of the building may support a blended owner-occupant and income-producing arrangement.
Key Highlights
- 7,821 SF industrial warehouse
- Three separate suites with potential for consolidated occupancy
- Three additional fenced lots for yard storage, truck parking, or equipment staging
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,318
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,360
$1.1M
Cap Rate 7%
$818,829
$818.8K
Cap Rate 9%
$636,867
$636.9K
Market Conditions
NOI Build-Up for 7,821 SF
Gross rent
$70.4K $9.00/SF
− Vacancy
−$3.0K −$0.38/SF
EGI
$67.4K $8.62/SF
− OpEx
−$10.1K −$1.29/SF
NOI
$57.3K $7.33/SF
Area
Lane County, OR
Vacancy
4.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,360
Cap Rate 7%
$818,829
Cap Rate 9%
$636,867
Alternative Uses
Best Use
Warehouse
$818.8K
$716.5K – $955.3K
NOI $57,318 @ 7.0% cap · market cap 7.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,503 @ 7.0% cap · market cap 17.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97448, OR
13,709
Population
6,150
Households
2.2
Avg Household Size
44
Median Age
28%
College-Educated
93%
High-School Grad
138.1 sq mi
ZIP Area
99
Density / Sq Mi
$78,244
Median Household Income
$40,306
Median Earnings
$1,079
Median Rent
$410,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Celtic Storage Junction City — 833 Elm St, Junction City, OR 97448
- Junction City Mini Storage — 1701 Juniper St, Junction City, OR 97448
Frequently Asked Questions
What type of property is this?
Warehouse - Three-suite configuration supports separate occupancy or a consolidated operation.
Where is this warehouse located?
The property is located at 940 Greenwood St Junction City, OR.
What is the asking price?
The asking price for this property is $782,000.
What are key features of this property?
This property features: 7,821 SF industrial warehouse; Three separate suites with potential for consolidated occupancy; Three additional fenced lots for yard storage, truck parking, or equipment staging
