Remodeled Office Suite with Secure
For Sale
$599,900
430 W 7th Ave, Junction City, OR 97448
A recently remodeled office suite with updated lighting, multiple work areas, and secure indoor and outdoor storage options.
Property Size2,528 SF
Price / SF$237.30
Days on Market88
Property Features for 430 W 7th Ave
General Information
Standard status
Active
Size
2,528 SF
Site & Location
Traffic Count
15,000 vehicles/day
Road Access
Yes
Fenced Yard
Yes
Building Details
Year Built
1950
Listing Agency:
Song Real Estate
Listed By:
Arica Mitchell · License #200506244
(541) 736-6314
Source:
Switzerrealestategroup
Added: Jun 11
Changed: Sep 4
Last Checked: Sep 5 at 12:12PM
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 Song Real Estate
Investment Insights
Based on property information with market context.
This recently remodeled office suite offers a polished, functional interior with a Travertine basketweave tile lobby and newer LED lighting throughout. The layout includes six or more private workstations, a large conference room, a media room, and a fully equipped kitchen. Two bathrooms are provided, including one with a tiled shower currently under remodel. In addition, the space features a large indoor storage area with shelving and double truck doors, plus a secure outdoor fenced storage area.
The property is located at 430 W 7th Ave in Junction City, Oregon, with ODOT-reported traffic of 8,000–15,000 vehicles passing by daily. Improvements include professional irrigated and landscaped road frontage, a large lighted monument sign, outdoor security lighting, and a commercial mailbox with a package drop box.
For tenants or buyers seeking a ready-to-operate professional office environment, the combination of private workstation space, dedicated meeting and media areas, and both indoor and fenced outdoor storage supports a range of business uses. Double truck doors and secured storage can be particularly helpful for teams that need convenient on-site handling and controlled storage.
The property is located at 430 W 7th Ave in Junction City, Oregon, with ODOT-reported traffic of 8,000–15,000 vehicles passing by daily. Improvements include professional irrigated and landscaped road frontage, a large lighted monument sign, outdoor security lighting, and a commercial mailbox with a package drop box.
For tenants or buyers seeking a ready-to-operate professional office environment, the combination of private workstation space, dedicated meeting and media areas, and both indoor and fenced outdoor storage supports a range of business uses. Double truck doors and secured storage can be particularly helpful for teams that need convenient on-site handling and controlled storage.
Key Highlights
- Recently remodeled 2,528 sq. ft. office space with newer LED lighting throughout
- Lobby features Travertine basketweave tile; includes a large conference room and media room
- Six or more private workstations plus a fully equipped kitchen for everyday office use
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
$35,020
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
5.84%
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%
$700,400
$700.4K
Cap Rate 7%
$500,286
$500.3K
Cap Rate 9%
$389,111
$389.1K
Market Conditions
NOI Build-Up for 2,528 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
$56.1K $22.20/SF
− Vacancy
−$9.4K −$3.73/SF
EGI
$46.7K $18.47/SF
− OpEx
−$11.7K −$4.62/SF
NOI
$35.0K $13.85/SF
Area
Lane County, OR
Vacancy
16.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
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%
$700,400
Cap Rate 7%
$500,286
Cap Rate 9%
$389,111
Alternative Uses
Best Use
Office B
$500.3K
$437.8K – $583.7K
NOI $35,020 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$639.6K
$559.6K – $746.2K
NOI $44,769 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15,000 VPD
Traffic count
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
Explore this area
Business Placement
Demographics for 97448, OR
13,709
Population
6,150
Households
2.2
Avg Household Size
44
Median Age
28%
College-Educated
93%
High-School Grad
138.1 sq mi
ZIP Area
99
Density / Sq Mi
$78,244
Median Household Income
$40,306
Median Earnings
$1,079
Median Rent
$410,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A recently remodeled office suite with updated lighting, multiple work areas, and secure indoor and outdoor storage options.
Where is this office building located?
The property is located at 430 W 7th Ave Junction City, OR.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Recently remodeled 2,528 sq. ft. office space with newer LED lighting throughout; Lobby features Travertine basketweave tile; includes a large conference room and media room; Six or more private workstations plus a fully equipped kitchen for everyday office use
