5450 River Road
$3,200,000
5450 River Road, Rogue River, OR 97537
28,650 sqft
Building Size
3.32 acres
Lot Area
Details:
Highlights:
- Annual Tax: $ 4062.0
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.
Location
Gallery
