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25657 Redwood Hwy - A+ Mini Storage 35,300 SF Specialty Building Offered at $4,374,208 CAD at a 7.44% Cap Rate in Cave Junction, OR 97523

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Investment Highlights

  • Extremely High Visibility
  • Significant Upside
  • A One-Of-A-Kind Asset

Executive Summary

Merit Commercial Real Estate is pleased to exclusively present 25657 Redwood Highway, known as A+ Storage, an established storage facility located in beautiful Cave Junction, Oregon (the "Property"). The Property is one of only two established self-storage facilities in Cave Junction, and is currently the only facility in the region available for purchase.
A+ Storage is a well-known local icon, sited at the entrance to Cave Junction on a highly visible and prominent corner - arguably the best located storage facility in south Josephine County. The exceptional location enjoys strong traffic counts of approximately 8,831 VPD, large signage, and easy left/right access directly from the dedicated central turning lane on the main thoroughfare of Redwood Highway.
Consisting of seven total buildings (six storage, one management office), and uncovered parking spaces on the excess land area, the Property enjoys the winning combination of ease of access and the right unit mix for today's tenant pool.
As essentially a turn-key facility - but still with several value-add levers to pull - the Property has great security, the right software and management systems, but could benefit significantly from modernization and efficiency refinements.
The facility includes 245 units total with various storage unit dimensions available. The unit mix is diverse and appealing: 223 enclosed, permanent storage units ranging from 5x10 to the largest 10x20 units. Additionally, the Property benefits from 22 rentable vehicle, RV, or boat parking spaces on the south end of the site with three dimensions available: 10x30, 12x25, and one 50x20 space.
The opportunity is clear at 25657 Redwood Highway to step into an established mixed-use storage facility with strong physical and economic occupancy, providing excellent cash flow with upside potential, all located in a stunning rural setting and a low-competition area.
Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $524,932 $14.87
Other Income $49,114 $1.39
Vacancy Loss $83,989 $2.38
Effective Gross Income $490,058 $13.88
Taxes $35,540 $1.01
Operating Expenses $126,558 $3.59
Total Expenses $162,099 $4.59
Net Operating Income $327,959 $9.29

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $524,932
Annual Per SF $14.87
Other Income (CAD)
Annual $49,114
Annual Per SF $1.39
Vacancy Loss (CAD)
Annual $83,989
Annual Per SF $2.38
Effective Gross Income (CAD)
Annual $490,058
Annual Per SF $13.88
Taxes (CAD)
Annual $35,540
Annual Per SF $1.01
Operating Expenses (CAD)
Annual $126,558
Annual Per SF $3.59
Total Expenses (CAD)
Annual $162,099
Annual Per SF $4.59
Net Operating Income (CAD)
Annual $327,959
Annual Per SF $9.29

Property Facts

Price $4,374,208 CAD
Price Per SF $151.23 CAD
Sale Type Investment
Cap Rate 7.44%
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 1.74 AC
Building Size 28,924 SF
No. Stories 1
Year Built/Renovated 1997/2005
Zoning C

Amenities

  • Property Manager on Site

Property Taxes

Property Taxes

Parcel Number
R329647
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$1,555,785 CAD (2025)
Annual Taxes
$35,540 CAD ($1.23 CAD/SF)
Tax Year
2024
  • Listing ID: 35970471

  • Date on Market: 2025-05-23

  • Last Updated:

  • Address: 25657 Redwood Hwy, Cave Junction, OR 97523

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