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    615 Spring St Klamath Falls, OR 97601

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    For Sale
    Contact for pricing

    Three Warehouses, 42,400 SF Total

    Property size:
    42,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Southern Oregon investment opportunity presents three adjacent Class C industrial buildings totaling 42,400 square feet of rentable space. Located at 615 S Spring St, Klamath Falls, OR 97601, this property offers significant flexibility for owner-users or investors seeking a purchase-and-lease strategy. The buildings, each with separate loading docks and entrances, share utilities, and feature extra-thick insulated walls maintaining consistent internal temperatures year-round. Building 5 comprises 13,200 square feet and includes a sprinkler system

    Property Features for 615 Spring St

    General Information

    Property type
    Refrigerated & Cold Storages
    Square Feet
    42,400 SF
    Class
    C

    Building Details

    Buildings
    3
    Stories
    1

    HighLights

    • Three buildings offer flexibility for single or multi‑tenant occupancy, including ample storage.
    • Ideal for owner‑occupancy or investment with lease‑back potential.
    • Rarely available large combined warehouse space.
    • Excellent highway access.
    • Convenient location near Highway 97, providing access to Central Oregon, Northern California, and the I‑5 corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.77263846884
    Latitude
    42.223393964855

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Three Warehouses, 42,400 SF Total
    Where is this refrigerated / cold storage located?
    The property is located at 615 Spring St Klamath Falls, OR.
    What are key features of this property?
    This property features: Three buildings offer flexibility for single or multi-tenant occupancy, including ample storage.; Ideal for owner-occupancy or investment with lease-back potential.; Rarely available large combined warehouse space.
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    615 Spring St Klamath Falls, OR 97601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    615 Spring St Klamath Falls, OR 97601
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