Mixed-Use Property with Mobile Home
181 Upper Applegate Road, Jacksonville, OR 97530
For Sale
$1,800,000
The five-acre site combines residential spaces, retail and storage areas, a restaurant with an apartment, and medical office space.
Property Size5,479 SF
Lot Size5.00 Acres
Price / SF$328.53
Days on Market163
Property Features for 181 Upper Applegate Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Mixed-Use Components
Taxes and HOA fees
Annual Taxes
Amenities
High Speed Internet
RV Hookup
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Ramsay Realty
(541) 899-1184
Listed By:
Debbie Stevens · License OR #200110147
(541) 621-7997
Source:
Desertskyrealestate
Added: Jun 1
Changed: Nov 8
Last Checked: Nov 9 at 8:54AM
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 Ramsay Realty
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Investment Insights
Based on property information with market context.
This mixed-use property spans 5 acres and brings together a mobile home park, commercial spaces, and several buildings. The park includes one rental unit owned by the property and 11 spaces occupied by tenant-owned mobile homes, along with 3 temporary RV spaces. Commercial improvements include a hardware store with retail and storage areas, lumber yard space, and a nursery setup. A restaurant and bakery building has an upstairs apartment used as a vacation rental. A separate medical building is occupied by a chiropractor and includes office space for property management. The property is zoned RRS.
Key Highlights
- 5‑acre mixed‑use property zoned RRS
- Mobile home park with 1 park‑owned rental unit and 11 tenant‑owned mobile home spaces
- 3 temporary RV spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,963
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,619,260
$1.6M
Cap Rate 7%
$1,156,614
$1.2M
Cap Rate 9%
$899,589
$899.6K
Market Conditions
NOI Build-Up for 5,479 SF
Gross rent
$120.3K $21.96/SF
− Vacancy
−$12.4K −$2.26/SF
EGI
$108.0K $19.70/SF
− OpEx
−$27.0K −$4.93/SF
NOI
$81.0K $14.78/SF
Area
Jackson County, OR
Vacancy
10.28%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,619,260
Cap Rate 7%
$1,156,614
Cap Rate 9%
$899,589
Alternative Uses
Best Use
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $80,963 @ 7.0% cap · market cap 4.50%
Second Best
Retail
$1.08M
$947.5K – $1.26M
NOI $75,801 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,573 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
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Business Placement
Demographics for 97530, OR
7,464
Population
4,260
Households
1.8
Avg Household Size
56
Median Age
42%
College-Educated
93%
High-School Grad
464.1 sq mi
ZIP Area
16
Density / Sq Mi
$95,300
Median Household Income
$55,929
Median Earnings
$1,657
Median Rent
$541,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The five-acre site combines residential spaces, retail and storage areas, a restaurant with an apartment, and medical office space.
Where is this mixed-use property located?
The property is located at 181 Upper Applegate Road Jacksonville, OR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 5‑acre mixed‑use property zoned RRS; Mobile home park with 1 park‑owned rental unit and 11 tenant‑owned mobile home spaces; 3 temporary RV spaces
