Industrial Property with Fenced
855 & 955 NE Alsea Highway Waldport, OR 97394
855 & 955 NE Alsea Highway, Waldport, OR, 97394
$1,675,000
For Sale
$1,675,000
COMMERCIAL - Waldport, OR
Property Size8,641 SF
Lot Size4.42 Acres
Price / SF$193.84
Days on Market308
Property Features for 855 & 955 NE Alsea Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- I-P Planned Industrial
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 20
- Parking features
- Garage - Attached
- Standard status
- Active
- APN
- 131120BB-700-00
- Size
- 8,641 SF
- Lot size
- 4.42 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7110
Utilities
- Utilities
- Water Available
- Sewer type
- Septic Tank
- Heating system
- Radiant
- Water source
- Public
Building Details
- Year built
- 2002
- Floors in Building
- 1
- Building materials
- T1-11 Type
- Roof type
- Composition
- Additional Structures
- Workshop
Listing Agency
Taylor & Taylor Realty Company
(800) 462-0197
3891 NW Hwy 101, Lincoln City, OR
Listed by
Dennis M Regen · License #810604051
(541) 994-4169
Added: Sep 13, 2025 Checked: Jul 17 at 6:06 am
MLS# LC-104846
Copyright © 2026 Oregon Coast MLS. 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.
Industrial property on a 4.42-acre site in Waldport featuring an industrial main building with 10 garage doors plus a separate office building. The property also includes a fenced yard and a paved parking lot with ample space for vehicles and operations.
The site offers dual access off Highway 34. It is zoned I-P Planned Industrial, with allowable uses that may include manufacturing, processing, assembly, storage, or repair. The buyer should verify allowable use with the city and county.
The listing includes a total property size of 8,641 square feet across the buildings on the parcel.
The site offers dual access off Highway 34. It is zoned I-P Planned Industrial, with allowable uses that may include manufacturing, processing, assembly, storage, or repair. The buyer should verify allowable use with the city and county.
The listing includes a total property size of 8,641 square feet across the buildings on the parcel.
Key Highlights
- 4.42 acre site with industrial and office buildings
- Zoned Planned Industrial: suitable for manufacturing, processing, assembly, storage, or repair
- Main building with 10 garage doors
Local Financial Insights For Warehouse
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 | $129.6k | $15.00 |
| − Vacancy | −$4.8k | −$0.56 |
| EGI | $124.8k | $14.45 |
| − OpEx | −$18.7k | −$2.17 |
| NOI | $106.1k | $12.28 |
8,641 SF · lease $15.00/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.52M
$1.33M – $1.77M
NOI $106,096 @ 7.0% cap · market cap 6.33%
Second Best
Industrial
$1.25M
$1.09M – $1.46M
NOI $87,373 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M
NOI $157,769 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial site with a warehouse featuring 10 garage doors, a separate office building, and a fenced yard.
Where is this flex space located?
The property is located at 855 & 955 NE Alsea Highway Waldport, OR.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 4.42 acre site with industrial and office buildings; Zoned Planned Industrial: suitable for manufacturing, processing, assembly, storage, or repair; Main building with **10 garage doors**
