Building Details

Year built 1989

Buildings 1

Listing Agency: Pacific Coast Real Estate & Development, LLC c***@pcreteam.com Show Phone

Listed By: Sadena Abell · License #200201254 Show Phone

Added: Nov 4 Last Checked: Nov 6 at 4:06AM

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MLS# 472575947

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.

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Investment Insights

Based on property information with market context.

The 3,968-square-foot flex property offers a layout combining dedicated office space, a loft, and interior storage. Five roll-up bay doors provide direct access to the building, and 3-phase electrical service is installed. The property was built in 1989 and is zoned I-C.

Set on a 0.25-acre lot at 1049 S Broadway in Coos Bay, the site is just off Highway 101 and next to Fred Meyer Fuel. The paved lot provides parking, with the highway exposure and nearby national retailers adding context to the location.

Key Highlights

• 3,968‑square‑foot flex property on 0.25 acres
• Five roll‑up bay doors, office space, loft, and interior storage
• 3‑phase electrical service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$41,997

Cap Rate

7.78%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$839,940 $839.9K

Cap Rate 7%

$599,957 $600.0K

Cap Rate 9%

$466,633 $466.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,968 SF

Gross rent

$66.7K $16.80/SF

− Vacancy

−$6.7K −$1.68/SF

EGI

$60.0K $15.12/SF

− OpEx

−$18.0K −$4.54/SF

NOI

$42.0K $10.58/SF

Area

Coos County, OR

Vacancy

10.00%

Lease Rate

$16.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$839,940

Cap Rate 7%

$599,957

Cap Rate 9%

$466,633

Alternative Uses

Best Use

Retail

$600.0K

$525.0K – $700.0K (±1% cap)

NOI $41,997 @ 7.0% cap · market cap 7.78%

Second Best

Warehouse

$555.7K

$486.2K – $648.3K (±1% cap)

NOI $38,899 @ 7.0% cap · market cap 7.20%

Theoretical Best

Office A

$718.3K

$628.5K – $838.0K (±1% cap)

NOI $50,282 @ 7.0% cap · market cap 9.31%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Bakery Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

576

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 97420, OR

27,454

Population

12,967

Households

2.1

Avg Household Size

46

Median Age

19%

College-Educated

89%

High-School Grad

273.9 sq mi

ZIP Area

100

Density / Sq Mi

$61,624

Median Household Income

$35,536

Median Earnings

$982

Median Rent

$282,300

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Office space, a loft, 3-phase power, and a paved parking area support a range of commercial operations.

Where is this flex space located?

The property is located at 1049 S BROADWAY Coos Bay, OR.

What is the asking price?

The asking price for this property is $540,000.

What are key features of this property?

This property features: 3,968‑square‑foot flex property on 0.25 acres; Five roll‑up bay doors, office space, loft, and interior storage; 3‑phase electrical service