Mixed-Use Property with Secure
For Sale
Contact for pricing
1880 NE Stephens, Roseburg, OR 97470
1.49 acre mixed-use property with apartment, shop, and parking.
Property Size5,440 SF
Lot Size1.49 Acres
Price / SF$110.11
Days on Market145
Property Features for 1880 NE Stephens
General Information
Standard status
Active
Size
5,440 SF
Lot size
1.49 Acres
Property subtype
Hospitality, Industrial, Mixed Use, Retail, Self Storage
Zoning
C3
Lease Type
Gross
Building Details
Year Built
1974
Buildings
2
Stories
1
Units
2
Tenancy
Single
Listing Agency:
The Neil Company Real Estate
Listed By:
Julia Bancroft · License #OR
Source:
Crexi
Added: Mar 21
Changed: Aug 8
Last Checked: Aug 8 at 4:15AM
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 mixed-use property, zoned C3 General Commercial, occupies 1.49 acres and includes an apartment, shop, and secure yards suitable for parking. The property offers a total size of 5440 square feet.
Key Highlights
- 1.49 acre lot size
- C3 General Commercial zoning
- Includes an apartment
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
$37,740
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
6.30%
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%
$754,800
$754.8K
Cap Rate 7%
$539,143
$539.1K
Cap Rate 9%
$419,333
$419.3K
Market Conditions
NOI Build-Up for 5,440 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
$65.3K $12.00/SF
− Vacancy
−$4.9K −$0.90/SF
EGI
$60.4K $11.10/SF
− OpEx
−$22.6K −$4.16/SF
NOI
$37.7K $6.94/SF
Area
Douglas County, OR
Vacancy
7.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
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%
$754,800
Cap Rate 7%
$539,143
Cap Rate 9%
$419,333
Alternative Uses
Best Use
Retail
$925.3K
$809.7K – $1.08M
NOI $64,774 @ 7.0% cap · market cap 10.81%
Second Best
Mixed Use
$539.1K
$471.8K – $629.0K
NOI $37,740 @ 7.0% cap · market cap 6.30%
Theoretical Best
Specialty Retail
$941.5K
$823.9K – $1.10M
NOI $65,908 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Explore this area
Business Placement
Demographics for 97470, OR
20,160
Population
8,872
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
180.9 sq mi
ZIP Area
111
Density / Sq Mi
$53,875
Median Household Income
$32,461
Median Earnings
$1,037
Median Rent
$246,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - 1.49 acre mixed-use property with apartment, shop, and parking.
Where is this mixed-use property located?
The property is located at 1880 NE Stephens Roseburg, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1.49 acre lot size; C3 General Commercial zoning; Includes an apartment
