Open-Plan Retail
1400 Ashland St #3, Ashland, OR 97520
For Sale
New
Contact for pricing
C-1 zoning supports a range of potential commercial uses, subject to city review.
Property Size2,000 SF
Days on Market3
Property Features for 1400 Ashland St #3
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
Livoregon Real Estate LLC
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Nov 8
Last Checked: Nov 10 at 8:27AM
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 Livoregon Real Estate LLC
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Investment Insights
Based on property information with market context.
This retail suite offers 2,000 square feet of open space in a building constructed in 1998. C-1 zoning is in place; prospective uses should be confirmed with the City of Ashland. Floor plans are available for review.
The property is offered for sale with a triple-net lease structure. Access to the suite is by appointment only.
The property is offered for sale with a triple-net lease structure. Access to the suite is by appointment only.
Key Highlights
- 2,000 square feet of open interior space
- C‑1 zoning; confirm use allowances with the City of Ashland
- Triple‑net lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,480
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,600
$489.6K
Cap Rate 7%
$349,714
$349.7K
Cap Rate 9%
$272,000
$272.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$38.4K $19.20/SF
− Vacancy
−$5.8K −$2.88/SF
EGI
$32.6K $16.32/SF
− OpEx
−$8.2K −$4.08/SF
NOI
$24.5K $12.24/SF
Area
Jackson County, OR
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,600
Cap Rate 7%
$349,714
Cap Rate 9%
$272,000
Alternative Uses
Best Use
Healthcare Medical
$414.3K
$362.5K – $483.3K
NOI $28,998 @ 7.0% cap
Second Best
Retail
$395.3K
$345.9K – $461.2K
NOI $27,670 @ 7.0% cap
Theoretical Best
Office A
$482.7K
$422.4K – $563.2K
NOI $33,792 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
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Business Placement
Demographics for 97520, OR
25,970
Population
13,964
Households
1.9
Avg Household Size
47
Median Age
61%
College-Educated
96%
High-School Grad
328.8 sq mi
ZIP Area
79
Density / Sq Mi
$71,485
Median Household Income
$31,869
Median Earnings
$1,360
Median Rent
$568,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Jackson County, OR
Properties on Market for Retail space in Jackson County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - C-1 zoning supports a range of potential commercial uses, subject to city review.
Where is this retail space located?
The property is located at 1400 Ashland St #3 Ashland, OR.
What are key features of this property?
This property features: 2,000 square feet of open interior space; C‑1 zoning; confirm use allowances with the City of Ashland; Triple‑net lease structure
