Highway 101 Frontage Commercial Building

5129 N LOFTUS Rd Unit 5129 Florence, OR 97439

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For Sale
$950,000

Newer 4000 sqft commercial building on 0.69 acres.

Type:General Commercial
Property size:
4,000 SF
Lot size:
0.69 Acres
Price / SF:
$237/SF
Added:
Mar 30, 2024
Days on Market:
835
Last Refresh:
May 13 at 8:09 pm

Property Features for 5129 N LOFTUS Rd Unit 5129

General Information

Standard status
Active
Size
4,000 SF
Lot size
0.69 Acres
Property subtype
General Commercial

Building Details

Year Built
2022

Listing office TR Hunter Real Estate

Listing date Mar 30, 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 TR Hunter Real Estate


Investment Insights

Based on property information with market context.

This newer commercial building, situated on 0.69 acres, offers frontage on Highway 101. The 4000 sqft structure is suitable for establishing or relocating a business. The building features three full, ADA-compliant bathrooms, four potential office spaces, and a kitchen/break area. A roll-up door provides access to a large storage/work area suitable for large vehicles and equipment. An additional 1800 sqft on the second floor is constructed with an I-beam subfloor system, offering the potential for build-out. The shop area includes a 50A wall receptacle, hot and cold water bibs, and a sewer drain. Floor drains are located in the bathrooms, shop, and utility room. A water treatment system is installed. The property provides ample parking and a concrete walkway surrounds the building.

Key Highlights

  • Highway 101 frontage for high visibility.
  • Newer construction (built in 2022) with 4000 sqft building on 0.69 acres.
  • Large storage/work area with roll‑up door, suitable for large vehicles and equipment.

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 $79.2k $19.80
− Vacancy −$5.9k −$1.49
EGI $73.3k $18.32
− OpEx −$22.0k −$5.49
NOI $51.3k $12.82
4,000 SF · lease $19.80/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$732.6K
$641.0K – $854.7K (±1% cap)
NOI $51,282 @ 7.0% cap · market cap 5.40%
Second Best
Flex RnD
$656.3K
$574.3K – $765.7K (±1% cap)
NOI $45,944 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.01M
$885.5K – $1.18M (±1% cap)
NOI $70,836 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

SolvIT International, Inc. Industrial Manufacturer

Suggested Use

Building Supply HVAC Service Big Box & Wholesale Store Storage Facility Real Estate Agency Auto Repair Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Newer 4000 sqft commercial building on 0.69 acres.
Where is this storefront property located?
The property is located at 5129 N LOFTUS Rd Unit 5129 Florence, OR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Highway 101 frontage for high visibility.; Newer construction (built in 2022) with **4000 sqft building on 0.69 acres.**; **Large storage/work area with roll‑up door, suitable for large vehicles and equipment.**
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