Technical
Financial
Distress signals
Property profile

606 6th St Klamath Falls, OR 97601

OFF-MARKET
Retail space
Property ID
US71-0551289
6,374 SF 0.24 ac lot
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A multi-tenant warehouse/flex property consisting of two separate units totaling 13,540 square feet. Unit 1 contains 5,560 square feet, including approximately 1,800 square feet of office and showroom space, 3,300 square feet of warehouse area, and a small upstairs office or storage area. Unit 2 contains 8,084 square feet of warehouse space. The property is equipped with overhead doors and 3-phase power, and includes off-street parking with alley access; the buildings have frontage facing three streets, supporting multiple access points suitable for a combination of showroom/retail and warehouse uses. Environmental work has been completed, and the roof was replaced approximately 4–5 years ago.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 6,374 SF
Lot 0.24 ac (10,454 SF)
Zoning code GC
APN R-3809-032AD-06501-000
UPID US71-0551289

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
  • General Contractor
  • Marketing & Advertising Advertising Agency

Location

606 6th St Klamath Falls, OR 97601-6210
Klamath Falls metro Census 971800 KLAMATH FALLS, OR MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$235k

Owner & transaction history

since 2017
3 recorded transactions
2017
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Klamath Falls, OR
Zoning description

5 Neither new single-family nor new duplex residences may be constructed in the GC or DB zones, and new single-family residences may not be constructed in the MU zone. Existing single-family and duplex residences in thos…

General category COMMERCIAL

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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