Riverfront Mixed-Use
For Sale
$795,000
26876 OR-62, Trail, OR 97541
Commercial Sale, Trail, OR
Property Size3,791 SF
Lot Size1.36 Acres
Price / SF$209.71
Days on Market76
Property Features for 26876 OR-62
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
VR-1
Parking features
Parking Lot
Window features
Vinyl Frames, Aluminum Frames
Patio and Porch features
Deck
Interior features
Laminate Counters, Tile Counters, Vaulted Ceiling(s)
Exterior features
Built-in Barbecue, Fire Pit
View
River
Directions
Hwy 62 to Trail, Right on Sunset on the Rogue
Standard status
Active
APN
10251030
Size
3,791 SF
Lot size
1.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4867
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Pellet Stove, Baseboard, Heat Pump (Heating)
Cooling system
Heat Pump, Wall/Window Unit(s), Window Unit(s)
Water source
Well
Water front features
River Front
Water front
1
Amenities
hardwood floors
open floorplan
Building Details
Year built
1928
Floors in Building
1
Number of units
4
Flooring type
Vinyl, Hardwood, Tile, Laminate
Building materials
Frame
Roof type
Membrane, Composition
Additional Structures
Storage
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Jonita Heim · License #200110214
(541) 944-8353
Added: Jun 15
Changed: Aug 28
Last Checked: Aug 29 at 11:06AM
MLS# 220223365
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,791-square-foot mixed-use property on 1.36 acres combines a convenience store, one-pump gas station, manager’s residence, cabin, vacation rental, and river rafting rental operation. The commercial and residential improvements include hardwood, laminate, vinyl, and tile flooring, vaulted ceilings, decks, a built-in barbecue, and a fire pit. Heating is provided by baseboard systems, a pellet stove, and heat pumps, with window or wall units and heat pumps for cooling.
Located at 26876 OR-62 in Trail, the property fronts the river and includes a parking lot, private well, and private septic system. The site is near Lost Creek Lake and positioned along the route to Crater Lake, with steelhead fishing available from the riverbank. The original structure dates to 1928, while the current property combines retail, lodging, food-service, fuel, and recreation-related functions.
Located at 26876 OR-62 in Trail, the property fronts the river and includes a parking lot, private well, and private septic system. The site is near Lost Creek Lake and positioned along the route to Crater Lake, with steelhead fishing available from the riverbank. The original structure dates to 1928, while the current property combines retail, lodging, food-service, fuel, and recreation-related functions.
Key Highlights
- Riverfront mixed‑use property on 1.36 acres
- 3,791‑square‑foot property with retail, lodging, residential, and recreation components
- Convenience store with one‑pump gas station
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,019
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,120,380
$1.1M
Cap Rate 7%
$800,271
$800.3K
Cap Rate 9%
$622,433
$622.4K
Market Conditions
NOI Build-Up for 3,791 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$83.3K $21.96/SF
− Vacancy
−$8.6K −$2.26/SF
EGI
$74.7K $19.70/SF
− OpEx
−$18.7K −$4.93/SF
NOI
$56.0K $14.78/SF
Area
Jackson County, OR
Vacancy
10.28%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,120,380
Cap Rate 7%
$800,271
Cap Rate 9%
$622,433
Alternative Uses
Best Use
Specialty Retail
$800.3K
$700.2K – $933.7K
NOI $56,019 @ 7.0% cap · market cap 7.05%
Second Best
Retail
$749.3K
$655.6K – $874.1K
NOI $52,448 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$915.0K
$800.7K – $1.07M
NOI $64,053 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 97541, OR
1,593
Population
651
Households
2.4
Avg Household Size
53
Median Age
13%
College-Educated
93%
High-School Grad
209.9 sq mi
ZIP Area
8
Density / Sq Mi
$39,688
Median Household Income
$1,078
Median Rent
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Convenience store, lodging accommodations, fuel service, and rafting rentals operate within a riverfront commercial property.
Where is this mixed-use property located?
The property is located at 26876 OR-62 Trail, OR.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Riverfront mixed‑use property on 1.36 acres; 3,791‑square‑foot property with retail, lodging, residential, and recreation components; Convenience store with one‑pump gas station
