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Retail Property with Outdoor Space
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1782 5th St, Springfield, OR

2,080 SF retail space with large outdoor area.

Property Size2,080 SF
Lot Size0.44 Acres
Price / SF$334.13
Days on Market536

Property Features for 1782 5th St

General Information

Standard status Active
Size 2,080 SF
Lot size 0.44 Acres
Property subtype RETAIL
Listing Agency: Evans, Elder, Brown & Seubert
Listed By: Stephanie Seubert · License #200009074
Source: Moodyscre
Added: May 3, 2025 Changed: Oct 3 Last Checked: Oct 19 at 4:15AM

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 Evans, Elder, Brown & Seubert

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Investment Insights

Based on property information with market context.

This property offers approximately 2,080 square feet of ground floor space, complemented by approximately 550 square feet of attic storage. The location provides convenient access to Highway 126 via Q Street. Zoned CC (Community Commercial), the property is currently utilized as a childcare facility, licensed for up to 32 children. A large outdoor yard and playground area are located at the rear of the building.

Key Highlights

  • Excellent location with easy access to Hwy 126 via Q Street.
  • Zoned CC (Community Commercial).
  • Approximately 2,080 square feet of ground floor space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,667
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,340 $533.3K
Cap Rate 7%
$380,957 $381.0K
Cap Rate 9%
$296,300 $296.3K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$41.2K $19.80/SF
− Vacancy
−$3.1K −$1.49/SF
EGI
$38.1K $18.32/SF
− OpEx
−$11.4K −$5.49/SF
NOI
$26.7K $12.82/SF
Area
Lane County, OR
Vacancy
7.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,340
Cap Rate 7%
$380,957
Cap Rate 9%
$296,300

Alternative Uses

Best Use
Retail
$381.0K
$333.3K – $444.5K (±1% cap)
NOI $26,667 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$526.2K
$460.4K – $613.9K (±1% cap)
NOI $36,835 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

The ABC Learning Center High School Essential Pet Health Veterinary Clinic

Suggested Use

Top Pick HVAC Service Nail Salon Hair Salon (Bike/Boat/Book/etc) Store Barber Shop Law Firm

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

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby
202k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 45% Shops & Services 33% Dining 20% Beauty & Spa 2%
Fred Meyer Groceries
60,261 visits/mo 0.1 miles
Safeway Groceries
30,444 visits/mo 0.3 miles
Fred Meyer Gas Station Shops & Services
29,064 visits/mo 0.1 miles
Jack in the Box Dining
16,910 visits/mo 0.3 miles
76 Shops & Services
11,525 visits/mo 0.0 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - 2,080 SF retail space with large outdoor area.
Where is this storefront property located?
The property is located at 1782 5th St Springfield, OR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Excellent location with easy access to Hwy 126 via Q Street.; Zoned CC (Community Commercial).; Approximately 2,080 square feet of ground floor space.
(541) 345-4860 Call to check price and availability
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