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Property profile & analytics
FOR SALE
Industrial properties

812 C St Culver, OR 97734

10 SF 0.45 ac lot Built 1994
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-1176449
Property summary
AI-generated overview

This exceptional 66,000+ square foot industrial complex, situated on a 6.08-acre lot in Culver, Oregon, presents a compelling net-leased investment opportunity. Currently leased to DS Services of America/Primo Water, a major North American bottled water company, the property boasts a strong 6.50% cap rate with a current NOI of $412,800 annually ($34,400 monthly). The lease, a 100% NNN Triple Net lease, includes 3% annual escalations and extends until June 20, 2029. The facility, significantly upgraded in 2015 and 2021, features a fully sprinklered warehouse, modern offices, and a breakroom. Safety features include a wet fire suppression system. Power is robust, with 480-volt, 3-phase power rated for 1,000 amps. The warehouse itself offers four dock-high enclosed bays equipped with auto levelers and PVC dock seals, multiple man doors, and separate restrooms for warehouse and office employees. The building's impressive free span measures 100' x 300', with a clear height of 14' at the eave and 17.5' inside the roof, reaching 19' to the roof peak. Lighting has been upgraded with Energy Trust of Oregon T-8 bulb dormers incorporating motion sensors. Additional features include quality control rooms, corporate and executive offices, and a pre-engineered steel building construction. Conveniently located just 18 miles north of Redmond, OR, this property represents a rare opportunity for a secure, high-return investment.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1994
Total area 10 SF
Lot 0.45 ac (19,602 SF)
Zoning code M1
APN 121318-DB-01501
UPID US71-1176449
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
  • EARTH2O Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Culver Property LLC · 6 yrs held
Culver Property LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
M1 · Culver, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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