1081 Joe Wright Road, Klamath Falls, OR 97603
Russell Acres · Klamath County
Key Facts
Description
Exceptional Investment Opportunity! Own three large commercial shops with office space and a single-family home on 2.77 acres in a desirable commercial location with room to expand. Includes a 4400 sq. ft. shop with 4 bay doors, multiple offices, 2 bathrooms, and large conference room; A 4,800 sq. ft. (60x80 ft) industrial building/warehouse, insulated and heated with two roll-up doors and office; A 2,000 sq. ft. (40x50 ft) shop with 2 bay doors: and a 951 Sq. Ft 2 bedroom 1 bathroom home that has been fully updated throughout. Each building is designed for operational efficiency, flexibility, and infrastructure readiness. The property offers excellent truck access, partial fencing with gated entry, Irrigation rights and an undeveloped portion ideal for additional buildings, storage units or RV storage. A prime opportunity for an growing business investor seeking functionality, income potential, and long-term growth.
Property Information
Property Type
Commercial Sale
Structure Type
Mixed Use / House / Industrial / Warehouse
Year Built
1943
Living Area
12,151 sq ft
Lot Size
2.77 acres
Days on Market
197
MLS® Listing#
220213003
Property Features
Cooling
Heating
Flooring
Parking
Patio
Fencing
Lot Features
Foundation
Roof
Security
Sewer
Water Source
Financial Details
Annual Taxes
$7,702
Tax year 2025
Parcel Number
581588
Directions
From S 6th St turn south onto Washburn Way, Turn Right onto Joe Write Rd, Property is on the corner of Tingley Lane.
Affordability Calculator
$220,000
Estimated monthly payment
$5,855/mo
Principal $880,000 · Est. interest $1,227,678 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Klamath Falls, OR
- $374,342
- Median Listing Price
- 72
- Median Days on Market
- 1,848
- Median Sq Ft
- $214
- Median Price / Sq Ft
- 349
- Active Listings
- This home’s price is 194% above the area median.
- Its price per sq ft is 58% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Klamath Falls, OR.
Location
Points of Interest in Klamath Falls, OR
Showing the Klamath Falls area map.
Nearby Schools
Klamath County School District
School · 2.1 mi away
Crosspoint Christian School
Elementary · 2.5 mi away
Stearns Elementary School
Elementary · 2.5 mi away
Falcon Heights Academy
School · 2.7 mi away
First Church of God
Elementary · 2.8 mi away
Peterson Elementary School
Elementary · 2.9 mi away
Brixner Junior High School
Secondary · 3.0 mi away
Mazama High School
Secondary · 3.1 mi away
Triad School
Secondary · 3.2 mi away
Klamath Family Head Start
School · 3.4 mi away
Ferguson Elementary School
Elementary · 3.6 mi away
Eagleridge High School
Secondary · 3.9 mi away
Mills Elementary School
Elementary · 4.0 mi away
Henley Middle School
Secondary · 4.1 mi away
New Horizon Christian School
School · 4.1 mi away
Henley High School
Secondary · 4.2 mi away
Klamath Falls City Schools
School · 4.2 mi away
Ponderosa Middle School
Secondary · 4.2 mi away
Shasta Elementary School
Elementary · 4.3 mi away
Henley Elementary School
Elementary · 4.3 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 15780 Homestead Lane, Klamath Falls, OR | $775,000 | 3 | 2 | 2,688 |
| 13351 Crystal Springs Road, Klamath Falls, OR | $780,000 | 3 | 3 | 3,232 |
| 1216 Vine Maple Drive, Klamath Falls, OR | $782,000 | 3 | 3 | 2,607 |
| 6749 Coopers Hawk Road, Klamath Falls, OR | $785,000 | 3 | 3 | 2,897 |
| 2835 Front Street, Klamath Falls, OR | $787,000 | 3 | 4 | 2,564 |
| 1217 Vine Maple Drive, Klamath Falls, OR | $789,000 | 3 | 3 | 3,329 |
Moving Cost Estimate
EXIT Agents in Klamath Falls
Listing Courtesy: RE/MAX Platinum - 5417345500
Last Updated: 2025-12-17