Auto Shop with Permitted Paint
For Sale
Contact for pricing
13780 S Macksburg Rd, Molalla, OR 97038
Corner auto shop with Highway 213 frontage, permitted paint booth, and upstairs storage for operations.
Property Size5,800 SF
Price / SF$163.79
Days on Market799
Property Features for 13780 S Macksburg Rd
General Information
Standard status
Active
Size
5,800 SF
Property subtype
RETAIL
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Amenities
permitted paint booth
upstairs storage area
offices
bathroom
Listing Agency:
Macadam Forbes
(503) 972-7277
Listed By:
Clayton Madey · License #201727196
Source:
Moodyscre
Added: Jun 13, 2024
Changed: Jul 31
Last Checked: Jul 31 at 12:26AM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
This auto shop property supports automotive-focused use with a permitted paint booth and an active auto dealer’s license for cars and trucks. The building’s upstairs storage area totals 1,200 SF, helping create separation between storage and day-to-day work. In addition, there are two offices and a bathroom with approximately 480 SF.
The property sits on a corner location and has Highway 213 frontage, supporting convenient access for customers and vehicles.
With historical auto use and the included license to operate as a dealer for cars and trucks, the site is set up for automotive businesses that need both a service-oriented setup and dedicated office space for daily operations. The overall property size is 5,800 SF.
The property sits on a corner location and has Highway 213 frontage, supporting convenient access for customers and vehicles.
With historical auto use and the included license to operate as a dealer for cars and trucks, the site is set up for automotive businesses that need both a service-oriented setup and dedicated office space for daily operations. The overall property size is 5,800 SF.
Key Highlights
- Permitted paint booth for automotive finishing
- Active auto dealer’s license for cars and trucks
- Highway 213 frontage
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
$80,668
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
8.49%
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%
$1,613,360
$1.6M
Cap Rate 7%
$1,152,400
$1.2M
Cap Rate 9%
$896,311
$896.3K
Market Conditions
NOI Build-Up for 5,800 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
$124.6K $21.48/SF
− Vacancy
−$9.3K −$1.61/SF
EGI
$115.2K $19.87/SF
− OpEx
−$34.6K −$5.96/SF
NOI
$80.7K $13.91/SF
Area
Clackamas County, OR
Vacancy
7.50%
Lease Rate
$21.48 /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%
$1,613,360
Cap Rate 7%
$1,152,400
Cap Rate 9%
$896,311
Alternative Uses
Best Use
Retail
$1.15M
$1.01M – $1.34M
NOI $80,668 @ 7.0% cap · market cap 8.49%
Second Best
Industrial
$520.1K
$455.1K – $606.7K
NOI $36,404 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,589 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97038, OR
17,173
Population
6,423
Households
2.7
Avg Household Size
38
Median Age
20%
College-Educated
90%
High-School Grad
130.8 sq mi
ZIP Area
131
Density / Sq Mi
$87,585
Median Household Income
$45,681
Median Earnings
$1,497
Median Rent
$452,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Colby Collision — 13780 S Macksburg Rd, Molalla, OR 97038
- Molalla Discount Tire — 14377 S Macksburg Rd, Molalla, OR 97038
Frequently Asked Questions
What type of property is this?
Auto shop - Corner auto shop with Highway 213 frontage, permitted paint booth, and upstairs storage for operations.
Where is this auto shop located?
The property is located at 13780 S Macksburg Rd Molalla, OR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Permitted paint booth for automotive finishing; Active auto dealer’s license for cars and trucks; Highway 213 frontage
