Building Details

Buildings 2

Stories 2

Listing Agency: Trident Real Estate Solutions m***@aol.com Show Phone

Listed By: Sandra McLeod · License #200108207

Source: Crexi

Added: Feb 14, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:06PM

Report an Issue

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 Trident Real Estate Solutions

Investment Insights

Based on property information with market context.

This property features a high-visibility site with two two-story buildings situated on two lots, effectively functioning as one property. The zoning, RC, is similar to Light Industrial 1 and C3, suggesting a range of potential uses. The property size is 18750 square feet, offering substantial space for various commercial activities.

Key Highlights

• High visibility location makes this property a standout.
• Two buildings on the property offer diverse possibilities.
• Both buildings are two stories.

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

$117,684

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

6.36%

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%

$2,353,680 $2.4M

Cap Rate 7%

$1,681,200 $1.7M

Cap Rate 9%

$1,307,600 $1.3M

Market Conditions

NOI Build-Up for 18,750 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

$180.0K $9.60/SF

− Vacancy

−$11.9K −$0.63/SF

EGI

$168.1K $8.97/SF

− OpEx

−$50.4K −$2.69/SF

NOI

$117.7K $6.28/SF

Area

Clackamas County, OR

Vacancy

6.60%

Lease Rate

$9.60 /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%

$2,353,680

Cap Rate 7%

$1,681,200

Cap Rate 9%

$1,307,600

Alternative Uses

Best Use

Mixed Use

$4.21M

$3.68M – $4.91M (±1% cap)

NOI $294,548 @ 7.0% cap · market cap 15.92%

Second Best

Retail

$3.73M

$3.26M – $4.35M (±1% cap)

NOI $260,781 @ 7.0% cap · market cap 14.10%

Theoretical Best

Office A

$5.06M

$4.43M – $5.90M (±1% cap)

NOI $354,276 @ 7.0% cap · market cap 19.15%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Brooks Motor Co ... Auto Repair Shop

Suggested Use

Top Pick Restaurant Furniture & Home Goods Auto Repair Shop Bakery Electrical Service Cafe & Coffee Shop

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

86

Businesses Nearby

Explore this area Business Placement

Demographics for 97004, OR

4,543

Population

1,693

Households

2.7

Avg Household Size

47

Median Age

29%

College-Educated

96%

High-School Grad

43.2 sq mi

ZIP Area

105

Density / Sq Mi

$114,167

Median Household Income

$62,639

Median Earnings

$1,482

Median Rent

$691,400

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 mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Mixed-use property - Two-story buildings on two lots with mixed-use potential.

Where is this mixed-use property located?

The property is located at 22024 S Beavercreek Rd Beavercreek, OR.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: High visibility location makes this property a standout.; Two buildings on the property offer diverse possibilities.; Both buildings are two stories.