Building Details

Building Size 560 SF

Year Built 1950

Buildings 1

Stories 1

Listing Agency: Coldwell Banker Professional Show Phone

Listed By: Stacey McGhehey Show Phone

Source: Allprofessionalsre

Added: Mar 27 Changed: Aug 14 Last Checked: Aug 19 at 3:40PM

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Investment Insights

Based on property information with market context.

This live-work property was built in 1950 and includes four rooms arranged as a living area, kitchen, bedroom, and bathroom. Front display windows face the street, supporting a visible storefront presentation while the interior includes residential-style spaces.

The property is surrounded by a winery, hair salon, hotel, and a variety of dining businesses. City/Ur zoning is identified for the site, and the address is 107 5th St in Amity, Oregon.

Key Highlights

• Four‑room layout with living area, kitchen, bedroom, and bathroom
• Front display windows facing a high traffic street
• City/Ur zoning

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

$7,258

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

4.84%

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%

$145,160 $145.2K

Cap Rate 7%

$103,686 $103.7K

Cap Rate 9%

$80,644 $80.6K

Market Conditions

NOI Build-Up for 560 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

$12.1K $21.60/SF

− Vacancy

−$484 −$0.86/SF

EGI

$11.6K $20.74/SF

− OpEx

−$4.4K −$7.78/SF

NOI

$7.3K $12.96/SF

Area

Yamhill County, OR

Vacancy

4.00%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

37.50%

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%

$145,160

Cap Rate 7%

$103,686

Cap Rate 9%

$80,644

Alternative Uses

Best Use

Mixed Use

$103.7K

$90.7K – $121.0K (±1% cap)

NOI $7,258 @ 7.0% cap · market cap 4.84%

Second Best

Office B

$103.6K

$90.6K – $120.8K (±1% cap)

NOI $7,249 @ 7.0% cap · market cap 4.83%

Theoretical Best

Office A

$151.2K

$132.3K – $176.4K (±1% cap)

NOI $10,581 @ 7.0% cap · market cap 7.05%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Live-work space

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Storage Facility Bakery (Bike/Boat/Book/etc) Store

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

Paved road access

Location Intelligence

Trade Area within ½ mile

131

Businesses Nearby

Explore this area Business Placement

Demographics for 97101, OR

4,055

Population

1,397

Households

2.9

Avg Household Size

42

Median Age

20%

College-Educated

88%

High-School Grad

50.1 sq mi

ZIP Area

81

Density / Sq Mi

$105,061

Median Household Income

$55,254

Median Earnings

$1,413

Median Rent

$484,200

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this live-work space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Live-work space - Four-room configuration combines residential areas with street-facing display windows and City/Ur zoning.

Where is this live-work space located?

The property is located at 107 5th St Amity, OR.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: Four‑room layout with living area, kitchen, bedroom, and bathroom; Front display windows facing a high traffic street; City/Ur zoning