Retail Property with Outdoor
For Sale
Contact for pricing
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 Market490
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
(541) 345-4860
Listed By:
Stephanie Seubert · License #200009074
(541) 915-0623
Source:
Moodyscre
Added: May 3, 2025
Changed: Aug 16
Last Checked: Sep 4 at 4:51AM
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
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 = 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
$26,667
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
3.84%
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%
$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
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
$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 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%
$533,340
Cap Rate 7%
$380,957
Cap Rate 9%
$296,300
Alternative Uses
Best Use
Retail
$381.0K
$333.3K – $444.5K
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
NOI $36,835 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
202k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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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.
