Truck Repair Shop with High
For Sale
$1,725,000
Pending
1625 W Duke Rd, Sutherlin, OR 97479
Industrial service facility with private offices, a break room, heavy-duty power, and on-site fueling infrastructure.
Property Size9,400 SF
Days on Market48
Property Features for 1625 W Duke Rd
General Information
Standard status
Pending
Size
9,400 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
18' high ceilings
220amp and 440amp voltage
above ground storage tank
pump fueling stations
updated private office with break room
Building Details
Year Built
1945
Listing Agency:
The Neil Company Real Estate
(541) 673-4417
Listed By:
Neil Hummel · License #780301698
Source:
Rosecityrealtygroup
Added: Jul 14
Changed: Aug 28
Last Checked: Aug 29 at 11:33AM
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 The Neil Company Real Estate
Investment Insights
Based on property information with market context.
This auto shop property at 1625 W Duke Rd in Sutherlin, Oregon, includes approximately 9,400 square feet of improvements. The main shop offers more than 7,200 square feet of open work area with 18-foot ceilings, while a separate 2,200-square-foot private office area has been updated and includes a break room. The building dates to 1945.
Electrical service includes both 220-amp and 440-amp voltage for welders and other heavy equipment. The site also has a 12,000-gallon above-ground storage tank with pump fueling stations. Truck repair parts, jacks, a forklift, and additional shop inventory are associated with the operation. The property is positioned at I-5 Exit 136.
Electrical service includes both 220-amp and 440-amp voltage for welders and other heavy equipment. The site also has a 12,000-gallon above-ground storage tank with pump fueling stations. Truck repair parts, jacks, a forklift, and additional shop inventory are associated with the operation. The property is positioned at I-5 Exit 136.
Key Highlights
- Over 7,200 square feet of open shop area with 18‑foot ceilings
- Updated 2,200‑square‑foot private office with break room
- 220‑amp and 440‑amp electrical service
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
$111,926
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
6.49%
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%
$2,238,520
$2.2M
Cap Rate 7%
$1,598,943
$1.6M
Cap Rate 9%
$1,243,622
$1.2M
Market Conditions
NOI Build-Up for 9,400 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
$169.2K $18.00/SF
− Vacancy
−$9.3K −$0.99/SF
EGI
$159.9K $17.01/SF
− OpEx
−$48.0K −$5.10/SF
NOI
$111.9K $11.91/SF
Area
Douglas County, OR
Vacancy
5.50%
Lease Rate
$18.00 /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%
$2,238,520
Cap Rate 7%
$1,598,943
Cap Rate 9%
$1,243,622
Alternative Uses
Best Use
Retail
$1.60M
$1.40M – $1.87M
NOI $111,926 @ 7.0% cap · market cap 6.49%
Second Best
Industrial
$813.1K
$711.5K – $948.6K
NOI $56,916 @ 7.0% cap · market cap 3.30%
Theoretical Best
Specialty Retail
$1.63M
$1.42M – $1.90M
NOI $113,885 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
128k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 26%
Home Improvements & Furnishings 7%
Hotels & Casinos 2%
McDonald's
Dining
24,063 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
17,145 visits/mo
0.4 miles
Taco Bell
Dining
14,382 visits/mo
0.3 miles
Starbucks
Dining
14,253 visits/mo
0.3 miles
Chevron
Shops & Services
13,652 visits/mo
0.3 miles
Demographics for 97479, OR
10,161
Population
4,759
Households
2.1
Avg Household Size
47
Median Age
15%
College-Educated
94%
High-School Grad
67.5 sq mi
ZIP Area
151
Density / Sq Mi
$56,493
Median Household Income
$36,867
Median Earnings
$1,207
Median Rent
$281,500
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.
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Frequently Asked Questions
What type of property is this?
Auto shop - Industrial service facility with private offices, a break room, heavy-duty power, and on-site fueling infrastructure.
Where is this auto shop located?
The property is located at 1625 W Duke Rd Sutherlin, OR.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Over 7,200 square feet of open shop area with 18‑foot ceilings; Updated 2,200‑square‑foot private office with break room; 220‑amp and 440‑amp electrical service
