993 Siskiyou Boulevard, Ashland, OR 97520
Commercial investment property in Ashland near SOU college.
- Added:
- Oct 10, 2024
- Days on Market:
- 620
- Last Refresh:
- May 13 at 8:07 pm
Property Features for 993 Siskiyou Boulevard
General Information
- Standard status
- Active
- Size
- 4,024 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1970
Listing agent Rockwell Group
Listing office eXp Realty, LLC (888) 814-9613
Listing date Oct 10, 2024
Source Xome
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 eXp Realty, LLC
HighLights
- Prime location directly across from SOU college on Siskiyou Blvd.
- Five updated and clean commercial units.
- Strong rental income from four units (Units 1‑4).
- Ample parking for all units.
- Unit 3 recently underwent a major remodel.
- Unit 5 is vacant, offering immediate rental or business opportunity.
Overview
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 | $86.9k | $21.60 |
| − Vacancy | −$7.4k | −$1.84 |
| EGI | $79.5k | $19.76 |
| − OpEx | −$23.9k | −$5.93 |
| NOI | $55.7k | $13.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ashland
- County
- Jackson
- State
- Oregon
- Longitude
- -122.6984639
- Latitude
- 42.1890213
