Industrial Warehouse with Office
For Sale
$6,562,500
960 Southeast Monmouth Cutoff Road, Dallas, OR 97338
Warehouse set up for one to two industrial users, with offices and restrooms on both sides.
Property Size52,500 SF
Price / SF$125
Days on Market121
Property Features for 960 Southeast Monmouth Cutoff Road
General Information
Standard status
Active
Size
52,500 SF
Property subtype
Industrial
Additional Details
Heavy Power
Yes
Amenities
offices/restrooms
air lines
LED lighting
natural gas
fiber connection
Building Details
Building Size
52,500 SF
Year Built
2008
Listing Agency:
Capacity Commercial Group
Listed By:
Curt Arthur, SIOR · License ##910200259
(503) 559-7990
Source:
Capacitycommercial
Added: Jun 25
Changed: Oct 16
Last Checked: Oct 20 at 6:24PM
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 Capacity Commercial Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial warehouse is configured for manufacturing, assembly, or storage use. Originally built in 2008 with an additional 22,500 square feet added in 2015, the building includes offices and restrooms on both the north and south sides. A fire wall demises the facility into two separate sides, allowing the building to be occupied by two companies.
The property is described as being set up for 1–2 industrial users and includes a large parcel with parking. On-site utilities include 480V, 2000A power distributed throughout the warehouse, natural gas, and fiber connectivity (Minet). The warehouse also has LED lighting and air lines throughout the building, with multiple fire hydrants noted.
The property is described as being set up for 1–2 industrial users and includes a large parcel with parking. On-site utilities include 480V, 2000A power distributed throughout the warehouse, natural gas, and fiber connectivity (Minet). The warehouse also has LED lighting and air lines throughout the building, with multiple fire hydrants noted.
Key Highlights
- Original 30,000 SF built in 2008 with an additional 22,500 SF added in 2015
- Demised by a fire wall for two‑company occupancy, with offices and restrooms on both north and south sides
- Warehouse set up for 1–2 industrial users
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$559,598
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,191,960
$11.2M
Cap Rate 7%
$7,994,257
$8.0M
Cap Rate 9%
$6,217,756
$6.2M
Market Conditions
NOI Build-Up for 52,500 SF
Gross rent
$693.0K $13.20/SF
− Vacancy
−$34.7K −$0.66/SF
EGI
$658.4K $12.54/SF
− OpEx
−$98.8K −$1.88/SF
NOI
$559.6K $10.66/SF
Area
Polk County, OR
Vacancy
5.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,191,960
Cap Rate 7%
$7,994,257
Cap Rate 9%
$6,217,756
Alternative Uses
Best Use
Warehouse
$7.99M
$6.99M – $9.33M
NOI $559,598 @ 7.0% cap · market cap 8.53%
Second Best
Industrial
$7.18M
$6.28M – $8.38M
NOI $502,740 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$13.94M
$12.20M – $16.26M
NOI $975,744 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
Demographics for 97338, OR
22,741
Population
9,109
Households
2.5
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
124.8 sq mi
ZIP Area
182
Density / Sq Mi
$73,345
Median Household Income
$37,359
Median Earnings
$1,197
Median Rent
$388,100
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
Frequently Asked Questions
What type of property is this?
Manufacturing property - Warehouse set up for one to two industrial users, with offices and restrooms on both sides.
Where is this manufacturing property located?
The property is located at 960 Southeast Monmouth Cutoff Road Dallas, OR.
What is the asking price?
The asking price for this property is $6,562,500.
What are key features of this property?
This property features: Original 30,000 SF built in 2008 with an additional 22,500 SF added in 2015; Demised by a fire wall for two‑company occupancy, with offices and restrooms on both north and south sides; Warehouse set up for 1–2 industrial users
