Medical Office with Outdoor
1980 ROSEBURG Rd, Myrtle Point, OR 97458
For Sale
$630,000
CommercialSale, MyrtlePoint, OR
Property Size2,000 SF
Lot Size0.85 Acres
Price / SF$300
Days on Market184
Property Features for 1980 ROSEBURG Rd
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
Pacific Properties
(541) 396-8842
Listed By:
Sheri Edwards · License #200601424
(541) 404-6297
Added: May 8
Changed: Nov 7
Last Checked: Nov 7 at 9:06PM
MLS# 620332552
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This medical office property includes a 2,100-square-foot commercial building on 0.85 acres near Myrtle Point. The site previously operated as a veterinary office and includes onsite parking along with outdoor space that can accommodate large animals or equipment. The building was constructed in 1962 and is equipped with ductless heating, a heat pump, and heat pump cooling.
The property fronts Hwy 42 and is located at 1980 Roseburg Rd in Myrtle Point, Oregon. LI zoning and the combination of enclosed building area, parking, and exterior space provide a flexible commercial setting for medical office or similar operations supported by the existing improvements.
The property fronts Hwy 42 and is located at 1980 Roseburg Rd in Myrtle Point, Oregon. LI zoning and the combination of enclosed building area, parking, and exterior space provide a flexible commercial setting for medical office or similar operations supported by the existing improvements.
Key Highlights
- 2,100‑square‑foot commercial building on 0.85 acres
- Medical office property previously operated as a veterinary office
- LI zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,832
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,640
$416.6K
Cap Rate 7%
$297,600
$297.6K
Cap Rate 9%
$231,467
$231.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$37.8K $18.00/SF
− Vacancy
−$3.1K −$1.47/SF
EGI
$34.7K $16.53/SF
− OpEx
−$13.9K −$6.61/SF
NOI
$20.8K $9.92/SF
Area
Coos County, OR
Vacancy
8.15%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,640
Cap Rate 7%
$297,600
Cap Rate 9%
$231,467
Alternative Uses
Best Use
Healthcare Medical
$297.6K
$260.4K – $347.2K
NOI $20,832 @ 7.0% cap · market cap 3.31%
Second Best
Office B
$278.6K
$243.8K – $325.1K
NOI $19,505 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$380.2K
$332.6K – $443.5K
NOI $26,611 @ 7.0% cap · market cap 4.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Myrtle Veterinary Hospital — 1980 Roseburg Rd, Myrtle Point, OR 97458
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible commercial building with onsite parking, outdoor area, and LI zoning near Myrtle Point.
Where is this medical office space 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: 2,100‑square‑foot commercial building on 0.85 acres; Medical office property previously operated as a veterinary office; LI zoning
