Property profile

2995 Hwy 66 Ashland, OR 97520

OFF-MARKET
Commercial real estate
Property ID
US71-0055910
14,234 SF 2.36 ac lot Built 2000
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 20,860 square foot commercial property, situated on a prominent 2.36-acre corner lot at 2995 Hwy 66 in Ashland, Oregon, presents a rare investment opportunity. The facility, known as Corner Storage, is the only publicly available storage facility of its kind in the area, boasting strong visibility and convenient access from Highway 66. The diverse unit mix includes 129 storage units of varying sizes (detailed in the offering memorandum), nine office suites, seven warehouse studios, and 37 leased parking spaces, generating a robust rental income stream with significant upside potential exceeding $5,000 per month. Recent significant improvements enhance the property's value and appeal, including new siding, complete paving in 2017, solar panels, newer roofs, connection to public sewer, and a new well pump. The manager's quarters have undergone a complete remodel, resulting in a modern and updated space. The property also features excess land in the northeast corner, offering potential for future development and increased revenue generation. This well-maintained and highly profitable facility represents a unique opportunity for investors seeking a stable and growing income stream in a desirable location. Please review the attached documents for complete details. Do not disturb tenants or staff.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Total area 14,234 SF
Lot 2.36 ac (102,802 SF)
Zoning code C-G
APN 1-0116264
UPID US71-0055910

Cap rate & NOI

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

Location

2995 Hwy 66 Ashland, OR 97520-9503
Ashland metro Census 2400 MEDFORD, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.27M
Comparable Approach Comparable
$2.63M
Blend (final) Blend
$2.48M

Owner & transaction history

since 2025
Last sale
$2.5M
4 recorded transactions
2025
$2.5M
2006
$1.1M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-G · Ashland, OR

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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