Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Klamath Falls, OR 97601

    • Industrial properties
    • 0.12 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-1352508
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details

    Lot size
    0.12 lot acres
    Zone code
    GC
    Property type
    Industrial properties
    APN
    R-3809-032AA-11400-000
    APU
    R3809032AA11400000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.779
    Latitude
    42.2257
    CBSA code
    28900
    CBSA name
    KLAMATH FALLS, OR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $579
    $0.00
    $0.00
    $34,970
    -
    $34,410
    $16,120
    $50,530

    Comparable in this City

    • Value Estimation by Request
      1.27 Acres

      2728 Montelius St

      INDUSTRIAL (GENERAL) • 1.27 Acres
      2728 Montelius St, Klamath Falls, OR 97601-1400
      View Details
    • Value Estimation by Request

      1350 6th St

      INDUSTRIAL (GENERAL)
      1350 6th St, Klamath Falls, OR 97601
      View Details
    • Value Estimation by Request
      69.20 Acres

      Klamath Falls, OR 97601

      INDUSTRIAL (GENERAL) • 69.20 Acres
      Klamath Falls, OR 97601
      View Details
    • Value Estimation by Request
      26.36 Acres

      Klamath Falls, OR 97601

      INDUSTRIAL (GENERAL) • 26.36 Acres
      Klamath Falls, OR 97601
      View Details
    • Value Estimation by Request
      9,534 SF

      843 Spg St

      INDUSTRIAL (GENERAL) • 9,534 SF
      843 Spg St, Klamath Falls, OR 97601-6271
      View Details
    • Value Estimation by Request
      6,850 SF

      320 Market St

      INDUSTRIAL (GENERAL) • 6,850 SF
      320 Market St, Klamath Falls, OR 97601-5937
      View Details

    Similar Nearby for Sale

    • New
      $660,000
      Pending

      Klamath Falls Industrial Buildings, Land

      Two industrial buildings and vacant lot, leased with income.
      242 Market St, Klamath Falls, OR 97601
      View Details
    • Contact for pricing
      42,400 SF

      Klamath Falls Industrial Trio

      Three Warehouses, 42,400 SF Total
      615 Spring St, Klamath Falls, OR 97601
      View Details
    • $1,900,000
      22,193 SF

      Klamath Falls Industrial Property

      22,000 SF Flex Space, Vacant
      419 Broad St, Klamath Falls, OR 97601
      View Details
    • $1,250,000
      154,000 SF

      Klamath Falls Self-Storage Investment

      Newer self-storage facility with strong cash flow and high occupancy.
      2738 Montelius St, Klamath Falls, OR 97601
      View Details
    • $500,000
      0.30 Acres

      Klamath Falls Commercial Center

      Commercial center with two buildings in high-traffic area.
      1501 Esplanade Ave, Klamath Falls, OR 97601
      View Details
    • $1,000,000
      4,760 SF

      The Former Fireside Inn at Rocky Point

      Self storage facilities • 4,760 SF
      24617 Rocky Point Rd, Klamath Falls, OR 97601
      View Details

    Similar Nearby for Lease

    • New
      $0.80 SF/Yr
      75,794 SF

      Klamath Falls Cold Storage Facility

      Cold storage and warehouse spaces available for lease in Oregon.
      661 S Spring St, Klamath Falls, OR 97601
      View Details
    • New
      $0.50 SF/Yr
      52,272 SF

      Klamath Falls Warehouse Spaces Available

      Dry warehouse spaces available for lease in Klamath Falls.
      615 S Spring St, Klamath Falls, OR 97601
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space with Highway Visibility

      Retail space with abundant parking and high traffic location.
      2500 Almond St, Klamath Falls, OR 97601
      View Details
    • $2,080 /Mo
      3,920 SF

      Downtown Klamath Falls Office Space

      Clean, turnkey office space in the heart of Klamath Falls.
      830 Klamath Ave, Klamath Falls, OR 97601
      View Details
    • $17 SF/Yr
      2,655 SF

      Prime Medical Office Building in Klamath Falls

      Single-Tenant, 2,655 SF, 17 Parking Spaces
      2628 Clover St, Klamath Falls, OR 97601
      View Details
    • $4,200 /Mo
      15,682 SF

      Downtown Klamath Falls Office Space

      Professional office space in downtown Klamath Falls with flexible options.
      303 Pine St, Klamath Falls, OR 97601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Klamath Falls, OR 97601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.