5450 River RD new Save Request In-Person Tour Request Virtual Tour
Rogue River,OR 97537
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 28,650 sqft
Price per Sqft $111
MLS Listing ID 220203643
Year Built 2024
Annual Tax Amount $4,062
Lot Size 3.070 Acres
Property Description
Rogue1 Self Storage is a premium 124-unit facility on 3.07 acres in scenic Rogue River. Completed in Summer 2024, leasing began in August, 2024, and as of June 1, 2025 was at 60% occupancy, with rates steadily rising. Featuring full concrete drive and aprons, block retaining walls, and high-end fencing with secure gated access. The facility is fully equipped for 100% automated operation, offering ease of management and tenant convenience. At 100% occupancy, pro-forma gross annual rents total $263,520, with actual annual operating expenses of $19,940, yielding a pro-forma NOI of $243,580 and a projected CAP rate of 7.6%. The property includes an 1,800 SF warehouse with a newly remodeled office and bathroom. Approved plans are in place for 27 additional unites, 9 in the existing building, ideal for climate-controlled storage, yielding a projected $48,060 in additional gross rents annually. With tremendous upside potential in this growing sector this is opportunity not to be missed.
Location
State OR
County Jackson
Interior
Heating Forced Air,Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Parking Features Asphalt,Concrete,Driveway,Gated,No Garage,Other,Parking Lot
Roof Type Metal
Building
Lot Description Fenced,Sloped
Foundation Slab
Water Public
Structure Type Steel Frame
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard