Industrial Flex Building with
For Sale
$499,999
100 N 7TH St, Lakeside, OR 97449
CommercialSale, Lakeside, OR
Property Size3,840 SF
Price / SF$130.21
Days on Market378
Property Features for 100 N 7TH St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GC
Directions
Hwy 101 to Lakeside. Right on 8th Street, Right on North Lake Rd to address
Subdivision
_260
Standard status
Active
APN
4292102
Size
3,840 SF
Taxes and HOA fees
Tax Description
23 S 12 W 18 BD 3002
Tax Annual Amount
1492
Legal Description
23 S 12 W 18 BD 3002
Utilities
Heating system
Pellet Stove
Amenities
8-camera AI-enabled security system
CAT-5 wiring
integrated fan systems
extensive interior and exterior lighting
Building Details
Year built
2002
Floors in Building
2
Building materials
Concrete, MetalSiding, WoodFrame
Roof type
Metal
Listing Agency:
Pacific Properties
(541) 269-5263
Listed By:
Kimberly Craig · License #201247166
(541) 808-4318
Added: Aug 14, 2025
Changed: Aug 25
Last Checked: Aug 26 at 5:06AM
MLS# 496564178
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.
This 3,840-square-foot flex building combines a substantial industrial shop with finished commercial space. The shop features 16-foot trusses, a 24-foot roof pitch, oversized roll-up doors, a reinforced concrete slab, engineered scissor trusses, hurricane-rated doors, industrial lighting, and integrated fans. The main level also includes a finished storefront and office area, full bathroom, and laundry. An upstairs 24' x 40' apartment shell is plumbed and wired for a full bath.
The property is in Lakeside, Oregon, near the dunes and lake boating. GC zoning supports the stated commercial setting, while 400-amp electrical service, CAT-5 wiring, extensive interior and exterior lighting, and an 8-camera AI-enabled security system with alarms and motion detection provide substantial built-in infrastructure. A pellet stove provides heating, and the metal roof and concrete, metal siding, and wood-frame construction are documented property features.
The property is in Lakeside, Oregon, near the dunes and lake boating. GC zoning supports the stated commercial setting, while 400-amp electrical service, CAT-5 wiring, extensive interior and exterior lighting, and an 8-camera AI-enabled security system with alarms and motion detection provide substantial built-in infrastructure. A pellet stove provides heating, and the metal roof and concrete, metal siding, and wood-frame construction are documented property features.
Key Highlights
- 3,840‑square‑foot flex building with industrial shop and finished storefront/office space
- GC zoning with finished commercial area, full bathroom, and laundry
- Shop includes 16‑foot trusses, 24‑foot roof pitch, and oversized roll‑up doors
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 commercial property with finished customer-facing space, a full bathroom, laundry, and an unfinished upper-level apartment shell.
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: 3,840‑square‑foot flex building with industrial shop and finished storefront/office space; GC zoning with finished commercial area, full bathroom, and laundry; Shop includes 16‑foot trusses, 24‑foot roof pitch, and oversized roll‑up doors
