Industrial Flex Building with
For Sale
$499,999
100 N 7th St, Lakeside, OR 97449
GC-zoned property combines a heavy-duty shop, finished customer-facing space, and an apartment shell prepared for buildout.
Property Size3,840 SF
Price / SF$130.21
Days on Market27
Property Features for 100 N 7th St
General Information
Standard status
Active
Size
3,840 SF
Zoning
GC
Additional Details
Power
400 amps
Amenities
security system
Building Details
Year Built
2002
Buildings
1
Stories
2
Listing Agency:
Pacific Properties
(541) 269-5263
Listed By:
Kimberly Craig · License #201247166
Source:
Rosecityrealtygroup
Added: Aug 4
Changed: Aug 29
Last Checked: Aug 29 at 5:43PM
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 Pacific Properties
Investment Insights
Based on property information with market context.
Built in 2002, this GC-zoned flex property combines a heavy-duty industrial shop with finished storefront and office space on the main level. The building includes a full bathroom, laundry, oversized roll-up doors suitable for RVs, boats, or large equipment, 16-foot trusses, a 24-foot roof pitch, engineered scissor trusses, hurricane-rated doors, industrial lighting, and an over-code concrete slab reinforced with rebar and wire mesh.
An unfinished apartment shell upstairs is plumbed and wired for a full bath, supporting a live/work arrangement, caretaker housing, or rental use as described. Infrastructure includes 400-amp electrical service, CAT-5 wiring, integrated fan systems, and extensive interior and exterior lighting. Security improvements include an 8-camera AI-enabled system with alarms and motion detection. The property is minutes from the dunes and boating on the lake and is suited to on-site retail, ATV/UTV or marine-related businesses, secure storage, trades, or hybrid commercial use.
An unfinished apartment shell upstairs is plumbed and wired for a full bath, supporting a live/work arrangement, caretaker housing, or rental use as described. Infrastructure includes 400-amp electrical service, CAT-5 wiring, integrated fan systems, and extensive interior and exterior lighting. Security improvements include an 8-camera AI-enabled system with alarms and motion detection. The property is minutes from the dunes and boating on the lake and is suited to on-site retail, ATV/UTV or marine-related businesses, secure storage, trades, or hybrid commercial use.
Key Highlights
- GC zoning with industrial flex configuration
- Heavy‑duty construction with an over‑code reinforced concrete slab
- 16‑foot trusses and 24‑foot roof pitch
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
$37,644
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
7.53%
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%
$752,880
$752.9K
Cap Rate 7%
$537,771
$537.8K
Cap Rate 9%
$418,267
$418.3K
Market Conditions
NOI Build-Up for 3,840 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
$46.1K $12.00/SF
− Vacancy
−$1.8K −$0.47/SF
EGI
$44.3K $11.53/SF
− OpEx
−$6.6K −$1.73/SF
NOI
$37.6K $9.80/SF
Area
Coos County, OR
Vacancy
3.89%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
15.00%
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%
$752,880
Cap Rate 7%
$537,771
Cap Rate 9%
$418,267
Alternative Uses
Best Use
Warehouse
$537.8K
$470.6K – $627.4K
NOI $37,644 @ 7.0% cap · market cap 7.53%
Second Best
Flex RnD
$452.4K
$395.8K – $527.8K
NOI $31,666 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$695.1K
$608.3K – $811.0K
NOI $48,660 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97449, OR
2,225
Population
1,537
Households
1.4
Avg Household Size
61
Median Age
17%
College-Educated
94%
High-School Grad
45.2 sq mi
ZIP Area
49
Density / Sq Mi
$55,982
Median Household Income
$30,551
Median Earnings
$1,317
Median Rent
$293,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - GC-zoned property combines a heavy-duty shop, finished customer-facing space, and an apartment shell prepared for buildout.
Where is this flex space located?
The property is located at 100 N 7th St Lakeside, OR.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: GC zoning with industrial flex configuration; Heavy‑duty construction with an over‑code reinforced concrete slab; 16‑foot trusses and 24‑foot roof pitch
