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Property profile & analytics
OFF-MARKET
Commercial land

6611 Agate Rd White City, OR 97503-1610

6.53 ac lot
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US71-1469524
Property summary
AI-generated overview

This exceptional 14.71-acre industrial property in White City, Oregon, presents a unique investment opportunity. Priced at $1,600,000, this vacant warehouse boasts 5,197 square feet of net rentable space, translating to a price per square foot of $307.87. The property features three units, each valued at $533,333.33. Situated on Agate Road, it offers convenient access to Crater Lake Highway and the Rogue Valley Expressway. The property includes a 3,500 square foot shop building and a 1,600 square foot residence. Zoned OSR/RR-5, it has a history of commercial use, although potential buyers should conduct their own due diligence regarding permitted uses and potential zoning changes. Note that a portion of the property, specifically a pond and wetland/flood plain area on the north end, may impact usability. The property's occupancy date is May 24, 2024. The Assessor's Parcel Numbers (APN) are 10995171 and 1018561. This is an owner/user investment opportunity with significant potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 6.53 ac (284,447 SF)
Zoning code OSR
APN 1-0995171
UPID US71-1469524
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
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
by Request
Owner & transaction history
Purser Oregon Properties LLC · 11 yrs held
Purser Oregon Properties LLC
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
OSR · White City, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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