2121 Northeast 3rd Str

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2121 Northeast 3rd Str

Prineville, OR 97754
Asking Price
$1.25M
Asset Type
Land
Class
Class B

What's Special

2121 Northeast 3rd Street is situated in the northeastern corridor of Prineville, Oregon, along Oregon Route 26. The immediate neighborhood consists of a mix of established industrial facilities, commercial service providers, and residential pockets. The property offers direct highway frontage, providing efficient transportation access to the Prineville city center and regional routes toward Bend and Madras. Nearby amenities include local logistics hubs, machinery suppliers, and retail centers situated within a three-mile radius. The site is suited for industrial or commercial development, including equipment storage, light manufacturing, or distribution facilities. A typical tenant profile would include logistics companies requiring high visibility and highway proximity, or owner-users in the construction and fleet management sectors. The flat topography and existing infrastructure in the surrounding district support a variety of heavy-duty commercial applications consistent with local zoning.

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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