Storefront Property with Highway
For Sale
$650,000
2011 NE Stephens St, Roseburg, OR 97470
Fully leased storefront with updated roofing, water heating, and HVAC systems.
Property Size2,152 SF
Price / SF$302.04
Days on Market53
Property Features for 2011 NE Stephens St
General Information
Standard status
Active
Size
2,152 SF
Building Details
Year Built
1974
Listing Agency:
Windermere Willamette Valley
Listed By:
Hong Wolfe · License #200609065
(541) 757-1783
Source:
Rosecityrealtygroup
Added: Aug 24
Changed: Oct 13
Last Checked: Oct 7 at 5:07PM
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 Windermere Willamette Valley
Investment Insights
Based on property information with market context.
This storefront property at 2011 NE Stephens St in Roseburg, Oregon, was built in 1974 and is fully leased. The improvements include recently updated roofing, a water heater, and HVAC equipment.
The property benefits from prominent signage along highway 148 and has 8 years of lease term remaining. Its existing lease status and recent building-system updates provide a defined operating profile for the next owner.
The property benefits from prominent signage along highway 148 and has 8 years of lease term remaining. Its existing lease status and recent building-system updates provide a defined operating profile for the next owner.
Key Highlights
- Fully leased storefront property
- 8 years of lease term remaining
- Prominent signage along highway 148
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,624
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,480
$512.5K
Cap Rate 7%
$366,057
$366.1K
Cap Rate 9%
$284,711
$284.7K
Market Conditions
NOI Build-Up for 2,152 SF
Gross rent
$38.7K $18.00/SF
− Vacancy
−$2.1K −$0.99/SF
EGI
$36.6K $17.01/SF
− OpEx
−$11.0K −$5.10/SF
NOI
$25.6K $11.91/SF
Area
Douglas County, OR
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,480
Cap Rate 7%
$366,057
Cap Rate 9%
$284,711
Alternative Uses
Best Use
Retail
$366.1K
$320.3K – $427.1K
NOI $25,624 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$372.5K
$325.9K – $434.5K
NOI $26,072 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
178k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 20%
Shops & Services 16%
Superstores 15%
Safeway
Groceries
35,969 visits/mo
0.3 miles
Big Lots
Superstores
26,071 visits/mo
0.5 miles
Taco Bell
Dining
21,414 visits/mo
0.5 miles
McDonald's
Dining
21,295 visits/mo
0.5 miles
Jack in the Box
Dining
11,890 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Albertsons Floral — 3013 NW Stewart Pkwy, Roseburg, OR 97471
Frequently Asked Questions
What type of property is this?
Storefront property - Fully leased storefront with updated roofing, water heating, and HVAC systems.
Where is this storefront property located?
The property is located at 2011 NE Stephens St Roseburg, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully leased storefront property; 8 years of lease term remaining; Prominent signage along highway 148
