2031 45th Ct, Florence, OR
Modular office and shop/storage space with secured parking.
- Added:
- May 2, 2025
- Days on Market:
- 413
- Last Refresh:
- May 20 at 9:23 pm
Property Features for 2031 45th Ct
General Information
- Standard status
- Active
- Size
- 4,464 SF
- Lot size
- 0.77 Acres
- Property subtype
- RETAIL
Listing agent Stephanie Seubert License #200009074
Listing office Evans, Elder, Brown & Seubert (541) 345-4860
Listing date May 2, 2025
Source Moodyscre
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 Evans, Elder, Brown & Seubert
HighLights
- Fenced and secured property.
- Approximately 3,024 sf of modular office space and 1,440 sf of shop/storage space.
- Includes approximately 17 parking spaces in fenced area plus 5 visitor spaces.
- NEW 5‑year Amendment executed March 1st, 2025.
- Total price $795,000.
- Approximately 1,440 sf of shop/storage space.
Overview
Local 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 | $99.1k | $22.20 |
| − Vacancy | −$16.6k | −$3.73 |
| EGI | $82.5k | $18.47 |
| − OpEx | −$20.6k | −$4.62 |
| NOI | $61.8k | $13.85 |
Alternative Uses
Current Use by Public Records
Map
- City
- Florence
- County
- Lane
- State
- Oregon
- Longitude
- -124.1
- Latitude
- 43.9826
