Property profile

1941 Industrial Park Rd Prineville, OR 97754

OFF-MARKET
Warehouses
24,980 SF Built 1986
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Property summary

AI-generated overview

This exceptional 24,980-square-foot industrial building, located at 1941 NW Industrial Park Rd, Prineville, Oregon 97754 (APN 019336), presents a compelling owner-user or investor opportunity. Built in 1986, this Class C property boasts a desirable M-2 Heavy Industrial zoning, allowing for a wide range of manufacturing and warehousing uses. The building features a substantial 750 KVA transformer, ensuring ample power availability. Improvements include an upgraded fire suppression system and a potential rail spur connection, enhancing operational efficiency. The layout includes an open warehouse space, a dedicated office area, a large breakroom/lunchroom, and multiple roll-up doors of varying sizes (one 14'x14', two 12'x10', and one 28'x14'). A restroom is also included. The property is ready for immediate occupancy upon escrow closing. A partition may be required, with costs covered by the seller contingent upon final plat approval. The asking price is $1,950,000. Note that a separately listed 2.86+ acre parcel of M-2 zoned land is also available in the same industrial park.

Property profile

Verified
Property type Warehouses
Year built 1986
Total area 24,980 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Warehouse & Storage

Location

1941 Industrial Park Rd Prineville, OR 97754
Prineville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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