Shop Building on Large
485 9TH St Bandon, OR 97411
485 9TH St, Bandon, OR, 97411
$275,000
For Sale
$275,000
LAND - Bandon, OR
Property Size960 SF
Lot Size0.22 Acres
Price / SF$286.46
Days on Market115
Property Features for 485 9TH St
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- r
- Standard status
- Active
- APN
- 3091900
- Size
- 960 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- 28S 15W 25DD 1200
- Tax Annual Amount
- 1124
Listing agency
David L. Davis Real Estate
(541) 347-9444
Listed by
Fred Gernandt · License #780501133
(541) 290-9444
Added: Mar 30 Updated: May 19 at 5:42PM Checked: Jul 22 at 4:06PM
MLS# 113619687
Copyright © 2026 Regional Multiple Listing Services. 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.
The property features a shop building situated on a large, level lot of 9600 square feet. The shop building is approximately 960 square feet, measuring 23.5 feet by 40 feet, and includes a 10-foot tall garage door. Water and sewer services are available. The property adjoins Bandon Schools. The zoning is 'r'.
Key Highlights
- Shop building (960 sq ft) with 10' tall garage door.
- Large 9600 sq ft lot.
- Adjoins Bandon Schools.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.1k | $16.80 |
| − Vacancy | −$1.6k | −$1.68 |
| EGI | $14.5k | $15.12 |
| − OpEx | −$4.4k | −$4.54 |
| NOI | $10.2k | $10.58 |
960 SF · lease $16.80/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$145.2K
$127.0K – $169.4K
NOI $10,161 @ 7.0% cap · market cap 3.69%
Second Best
Industrial
$110.7K
$96.9K – $129.2K
NOI $7,750 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$173.8K
$152.1K – $202.8K
NOI $12,165 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Bandon Auto Repair, llc — 385 Grand Ave SE, Bandon, OR 97411
- Coastline Auto Body — 87586 18th St SW SE, Bandon, OR 97411
- Napier's Auto — 87543-87577 18th st sw, bandon, or 97411
- Mast Bros. Towing, Collision & Recovery — 65 17th St SE, Bandon, OR 97411
FAQs
What type of property is this?
Auto shop - Shop building on a large, level lot near schools.
Where is this auto shop located?
The property is located at 485 9TH St Bandon, OR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Shop building (960 sq ft) with **10' tall garage door**.; Large 9600 sq ft lot.; Adjoins Bandon Schools.
