200 Wasco Ct, Hood River, OR 97031-1280
This exceptional 5,640 square foot light industrial building in Hood River, Oregon, presents a compelling investment opportunity. Located at 200 Wasco Ct, 97031, this two-story, 2007-built structure sits on a 13,929 square foot lot and is zoned LI. The asking price is $1,550,000 ($274.82/sq ft). Currently configured as two separate units, each with its own kitchenette and access to three full bathrooms (two on the east side, one on the west), this property offers immediate income potential. The east unit features seven dedicated offices, while the west unit provides flexible space suitable for manufacturing, complete with a truck door. The building boasts a 28-foot ceiling height and ample parking with 11 dedicated spaces, plus additional on-street parking. Both units are currently leased, with leases expiring June 30, 2024. The property's versatile layout allows for continued multi-tenant occupancy or conversion into a single, larger space to meet individual needs. This prime location offers easy access and visibility, making it an ideal investment for owner-users or investors seeking a strong return. APN: 3043.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
LI · Hood River, ORHood River. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.