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Listed price in listed location currency (USD).
$3,150,000

000

MLS® 220203643

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage Yes
HOA Fees 
Taxes $4,063
Days Active 201
Approx. Age 2024
MLS® Number 220203643

Property Address: 5450 N River Rd, Rogue River, OR, 97537-0348

Average square foot calculated using Size range provided by listing agent.

Description

Rogue1 Self Storage is a premium 124-unit facility on 3.32 acres in scenic Rogue River. Completed in Summer 2024, leasing began in August, 2024, and as of June 18, 2025 was at 62% 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, 942, yielding a pro-forma NOI of $229, 038 and a projected CAP rate of 7.2%. The property includes an 1, 800 SF warehouse with a newly remodeled office and bathroom. Approved plans are in place for 27 additional units, 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.
MLS® Number220203643
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age2024
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 10, 2025List Date
$3,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
5450 N River Rd, Rogue River, OR

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