Standalone Office
For Sale
$399,000
16440 Finley Butte Rd, La Pine, OR 97739
Professional layout with private offices, meeting space, reception, and on-site parking.
Property Size1,376 SF
Lot Size0.34 Acres
Price / SF$289.97
Days on Market50
Property Features for 16440 Finley Butte Rd
General Information
Standard status
Active
Size
1,376 SF
Lot size
0.34 Acres
Building Details
Year Built
1972
Buildings
1
Building Size
1,376 SF
Listing Agency:
Berkshire Hathaway HomeServices NW Real Estate
Listed By:
Lauren Musco · License #201207198
(971) 300-9272
Source:
Christiesrealestateevg
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 7 at 4:42PM
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 Berkshire Hathaway HomeServices NW Real Estate
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Investment Insights
Based on property information with market context.
This standalone office building contains 1,376 square feet arranged around four private offices, a conference room, two restrooms, and a reception and waiting area. The building was constructed in 1972 and has a newer HVAC system for year-round climate control.
The property occupies a level 0.34-acre lot along Finley Butte Road in La Pine, with existing on-site parking and access suited to clients and employees. The site also provides room for additional parking, outdoor storage, or potential future expansion.
The property occupies a level 0.34-acre lot along Finley Butte Road in La Pine, with existing on-site parking and access suited to clients and employees. The site also provides room for additional parking, outdoor storage, or potential future expansion.
Key Highlights
- 1,376‑square‑foot standalone office building
- Four private offices plus a conference room
- Two restrooms with reception and waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,760
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,200
$395.2K
Cap Rate 7%
$282,286
$282.3K
Cap Rate 9%
$219,556
$219.6K
Market Conditions
NOI Build-Up for 1,376 SF
Gross rent
$28.1K $20.40/SF
− Vacancy
−$1.7K −$1.25/SF
EGI
$26.3K $19.15/SF
− OpEx
−$6.6K −$4.79/SF
NOI
$19.8K $14.36/SF
Area
Deschutes County, OR
Vacancy
6.14%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,200
Cap Rate 7%
$282,286
Cap Rate 9%
$219,556
Alternative Uses
Best Use
Office B
$282.3K
$247.0K – $329.3K
NOI $19,760 @ 7.0% cap · market cap 4.95%
Second Best
Healthcare Medical
$279.2K
$244.3K – $325.8K
NOI $19,546 @ 7.0% cap · market cap 4.90%
Theoretical Best
Retail
$473.6K
$414.4K – $552.5K
NOI $33,149 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
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Business Placement
Demographics for 97739, OR
13,102
Population
6,929
Households
1.9
Avg Household Size
53
Median Age
17%
College-Educated
87%
High-School Grad
305.0 sq mi
ZIP Area
43
Density / Sq Mi
$56,256
Median Household Income
$35,775
Median Earnings
$1,144
Median Rent
$327,500
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Professional layout with private offices, meeting space, reception, and on-site parking.
Where is this office building located?
The property is located at 16440 Finley Butte Rd La Pine, OR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1,376‑square‑foot standalone office building; Four private offices plus a conference room; Two restrooms with reception and waiting area
