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Property profile & analytics
OFF-MARKET
Distribution centers

465 Applegate Way Ashland, OR 97520-9303

6,528 SF 0.44 ac lot
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-0356474
Property summary
AI-generated overview

This exceptional 6,168-square-foot flex space in Ashland, Oregon, presents a unique opportunity for a single tenant. Built in 2000, the property boasts a versatile layout, perfectly blending retail and industrial uses. The building comprises a spacious 2,694-square-foot showroom, a substantial 3,110-square-foot warehouse, and 364 square feet of functional office space. The property features a secure, paved, and fenced front parking area, ensuring ample space for customers and employees. Adding to its appeal is a large, 0.62-acre fenced and graveled rear yard, accessible from both the street and the building itself, providing significant storage or expansion potential. The property's zoning history includes retail and manufacturing uses, offering flexibility for a variety of businesses. The entire 6,168 square feet is currently vacant and available for lease. This property is offered directly by the owner.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Total area 6,528 SF
Lot 0.44 ac (19,166 SF)
Zoning code E-1
APN 1-0886326
UPID US71-0356474
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • GrowGeneration Hydroponics Store Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Metropolis Properties LLC · 16 yrs held
Metropolis Properties LLC
since 2009
2 recorded transactions
2009
$617,500
1997
$54,500
Zoning & alternative use
E-1 · Ashland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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