Office Investment
16493 Bluewood Place La Pine, OR 97739
16493 Bluewood Place, La Pine, OR, 97739
Contact for pricing
For Sale
Contact for pricing
For sale office property featuring multiple office units and approximately 7,300 square feet of space.
Property Size7,300 SF
Price / SF$219.18
Days on Market80
Property Features for 16493 Bluewood Place
General Information
- Standard status
- Active
- Size
- 7,300 SF
- Property subtype
- Office
Building Details
- Year Built
- 1997
Listing agency
Emerald Property Management, Inc.
(541) 654-6799
Listed by
Javan Gray · License #201223245
Source
Crexi
Added: May 4 Updated: Jul 22 at 5:32PM Checked: Jul 22 at 5:32PM
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 Emerald Property Management, Inc.
Investment Insights
Based on property information with market context.
This for-sale office property at 16493 Bluewood Place consists of office units and office spaces totaling approximately 7,300 square feet. The asset is presented as a modern workspace for occupational or investment use, with the listing emphasizing strong returns.
The property is located in La Pine, Oregon at the stated address. Specific details regarding suite layout, current occupancy, and building improvements are not provided in the available information.
Interested buyers and brokers should review the full offering materials to confirm unit configuration, condition, and any tenancy or operational details tied to the 7,300-square-foot total.
The property is located in La Pine, Oregon at the stated address. Specific details regarding suite layout, current occupancy, and building improvements are not provided in the available information.
Interested buyers and brokers should review the full offering materials to confirm unit configuration, condition, and any tenancy or operational details tied to the 7,300-square-foot total.
Key Highlights
- Office property built in 1997
- Approximately 7,300 SF office space
- Multiple office units
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 | $148.9k | $20.40 |
| − Vacancy | −$9.1k | −$1.25 |
| EGI | $139.8k | $19.15 |
| − OpEx | −$34.9k | −$4.79 |
| NOI | $104.8k | $14.36 |
7,300 SF · lease $20.40/SF/yr · vacancy 6.14% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,832 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$2.51M
$2.20M – $2.93M
NOI $175,866 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - For sale office property featuring multiple office units and approximately 7,300 square feet of space.
Where is this office units located?
The property is located at 16493 Bluewood Place La Pine, OR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Office property built in 1997; Approximately 7,300 SF office space; Multiple office units
