Two-Unit Office
For Sale
Contact for pricing
Pending
10 S Shasta Ave, Eagle Point, OR 97524
Second-floor office configuration includes two private units with shared common areas in a creekside setting.
Property Size1,080 SF
Days on Market62
Property Features for 10 S Shasta Ave
General Information
Standard status
Pending
Size
1,080 SF
Property subtype
Commercial
Building Details
Year Built
2006
Listing Agency:
Holder Realty
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Sep 4
Changed: Nov 3
Last Checked: Nov 3 at 6:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Holder Realty
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Investment Insights
Based on property information with market context.
This office property was constructed in 2006 and includes a second-floor layout with two approximately 540-square-foot units and shared common areas. The upstairs area totals approximately 1,080 SF. The building also incorporates green building features and is positioned along Little Butte Creek, with the structure extending to the riparian zone.
The property is located at 10 S Shasta Ave in Eagle Point, Oregon. Its upper-level configuration provides a defined office arrangement with common-area space, while the creek setting adds a natural outdoor context to the workplace environment.
The property is located at 10 S Shasta Ave in Eagle Point, Oregon. Its upper-level configuration provides a defined office arrangement with common-area space, while the creek setting adds a natural outdoor context to the workplace environment.
Key Highlights
- Second floor includes two approximately 540 square foot office units
- Approximately 1,080 SF total upstairs size, including common areas
- Constructed in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,219
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,380
$264.4K
Cap Rate 7%
$188,843
$188.8K
Cap Rate 9%
$146,878
$146.9K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$20.7K $19.20/SF
− Vacancy
−$3.1K −$2.88/SF
EGI
$17.6K $16.32/SF
− OpEx
−$4.4K −$4.08/SF
NOI
$13.2K $12.24/SF
Area
Jackson County, OR
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,380
Cap Rate 7%
$188,843
Cap Rate 9%
$146,878
Alternative Uses
Best Use
Office B
$188.8K
$165.2K – $220.3K
NOI $13,219 @ 7.0% cap · market cap 1,321,900.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.7K
$228.1K – $304.1K
NOI $18,248 @ 7.0% cap · market cap 1,824,800.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
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Business Placement
Demographics for 97524, OR
15,970
Population
6,216
Households
2.6
Avg Household Size
46
Median Age
21%
College-Educated
89%
High-School Grad
359.3 sq mi
ZIP Area
44
Density / Sq Mi
$81,944
Median Household Income
$44,799
Median Earnings
$1,340
Median Rent
$421,400
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office configuration includes two private units with shared common areas in a creekside setting.
Where is this office unit located?
The property is located at 10 S Shasta Ave Eagle Point, OR.
What are key features of this property?
This property features: Second floor includes two approximately 540 square foot office units; Approximately 1,080 SF total upstairs size, including common areas; Constructed in 2006
