150 SW Deer Street Prineville, OR 97754
COMMERCIAL - Prineville, OR
- Added:
- Jan 22, 2026
- Days on Market:
- 171
- Last Refresh:
- Jul 12 at 12:06 am
Property Features for 150 SW Deer Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Driveway, RV, On Street
- Security features
- Security System
- Window features
- Double Pane Windows, Vinyl Frames
- Patio and Porch features
- Porch
- Interior features
- Built-in Features, Ceiling Fan(s), Solar Tube(s), Solid Surface Counters, Tile Counters
- Exterior features
- Courtyard
- Basement
- Unfinished, Partial
- Standard status
- Pending
- APN
- 8827
- Size
- 1,560 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2856
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air, Heat Pump (Heating)
- Cooling system
- Central Air, Heat Pump
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Carpet, Tile, Concrete, Laminate
- Building materials
- Frame
- Roof type
- Metal
- Additional Structures
- Storage
Listing agent Joseph Raymond Becker License #201232547 (541) 233-6990
Listing office Root & Branch Realty Group 5110 NW Madras Hwy, Prineville, OR (541) 447-8993
Listing date Jan 22, 2026
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Approx. 1,560 SF across two levels on a prominent corner lot at Deer St and 1st St in downtown Prineville
- Zoned R2 with potential for live/work use or short‑term rental (buyer to verify)
- Extensively renovated with updated wiring, plumbing, insulation, windows, reinforced floor systems, and concrete floors
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.8k | $20.40 |
| − Vacancy | −$2.0k | −$1.25 |
| EGI | $29.9k | $19.15 |
| − OpEx | −$7.5k | −$4.79 |
| NOI | $22.4k | $14.36 |
