Office Building with Hwy 42
For Sale
$630,000
1980 Roseburg Rd, Myrtle Point, OR 97458
Approx. 2,000 SF office building on 0.85 acres with excellent Hwy 42 frontage, onsite parking, and outdoor space.
Property Size2,000 SF
Lot Size0.85 Acres
Price / SF$315
Days on Market87
Property Features for 1980 Roseburg Rd
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.85 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
2,100 SF
Year Built
1962
Buildings
1
Listing Agency:
Pacific Properties
(541) 404-6297
Listed By:
Sheri Edwards
(541) 404-6297
Source:
Allprofessionalsre
Added: May 8
Changed: Jul 30
Last Checked: Aug 2 at 12:59PM
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 Pacific Properties
Investment Insights
Based on property information with market context.
This office building offers approximately 2,000 SF of commercial space on a 0.85-acre site. Built in 1962, the property features a flexible layout and includes ample onsite parking plus outdoor space suited for large animals, equipment, or other additional uses.
The property is located on the edge of Myrtle Point with excellent Hwy 42 frontage and visibility, supporting a wide range of business uses. It was previously operated as a veterinary office, which may be useful for tenants evaluating a similar operational layout.
With its combination of indoor flexibility, outdoor space, and highway frontage, the building can accommodate a variety of commercial needs for the right tenant or owner-operator.
The property is located on the edge of Myrtle Point with excellent Hwy 42 frontage and visibility, supporting a wide range of business uses. It was previously operated as a veterinary office, which may be useful for tenants evaluating a similar operational layout.
With its combination of indoor flexibility, outdoor space, and highway frontage, the building can accommodate a variety of commercial needs for the right tenant or owner-operator.
Key Highlights
- Approx. 2,000 SF commercial office building
- 0.85‑acre site with ample onsite parking
- Excellent Hwy 42 frontage and visibility
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 | $28.8k | $14.40 |
| − Vacancy | −$4.0k | −$2.02 |
| EGI | $24.8k | $12.38 |
| − OpEx | −$6.2k | −$3.10 |
| NOI | $18.6k | $9.29 |
2,000 SF · lease $14.40/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$265.4K
$232.2K – $309.6K
NOI $18,576 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.1K
$316.8K – $422.4K
NOI $25,344 @ 7.0% cap · market cap 4.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 97458, OR
4,729
Population
2,376
Households
2
Avg Household Size
50
Median Age
13%
College-Educated
90%
High-School Grad
360.9 sq mi
ZIP Area
13
Density / Sq Mi
$51,703
Median Household Income
$41,406
Median Earnings
$800
Median Rent
$251,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Approx. 2,000 SF office building on 0.85 acres with excellent Hwy 42 frontage, onsite parking, and outdoor space.
Where is this office building located?
The property is located at 1980 Roseburg Rd Myrtle Point, OR.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Approx. 2,000 SF commercial office building; 0.85‑acre site with ample onsite parking; Excellent Hwy 42 frontage and visibility
