Office Building with
307 HWY 42 E Coquille, OR 97423
307 HWY 42 E, Coquille, OR, 97423
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For Sale
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Office building with multiple private offices, reception, conference room, kitchen, restrooms, and outdoor storage/garage.
Property Size5,000 SF
Price / SF$170
Days on Market9
Property Features for 307 HWY 42 E
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1995
Listing agency
Pacific Properties
(541) 260-2651
Listed by
Randy Hoffine · License #OR 200405075
Source
Crexi
Added: Jul 15 Updated: Jul 22 at 5:44PM Checked: Jul 22 at 5:44PM
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 includes 10 private offices plus a reception area with a built-in front desk, along with open work areas intended for collaborative use. The interior also features a large conference/training room, a kitchen/break room, three restrooms, and generous storage and file space.
The property offers on-site parking and an outdoor storage building/garage for equipment or additional storage. The building is located on Highway 42 E in Coquille.
With a flexible floor plan that combines private offices and shared workspace, the space is suited for a range of professional and administrative office needs, including medical or government use as described in the listing.
The property offers on-site parking and an outdoor storage building/garage for equipment or additional storage. The building is located on Highway 42 E in Coquille.
With a flexible floor plan that combines private offices and shared workspace, the space is suited for a range of professional and administrative office needs, including medical or government use as described in the listing.
Key Highlights
- Approximately 5,002 SF commercial office building built in 1995 with a flexible floor plan
- Includes 10 private offices, reception area with built‑in front desk, and spacious open work areas
- Large conference/training room plus kitchen/break room
Local Financial Insights For Healthcare Medical
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 | $90.0k | $18.00 |
| − Vacancy | −$7.3k | −$1.47 |
| EGI | $82.7k | $16.53 |
| − OpEx | −$33.1k | −$6.61 |
| NOI | $49.6k | $9.92 |
5,000 SF · lease $18.00/SF/yr · vacancy 8.15% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$708.6K
$620.0K – $826.7K
NOI $49,599 @ 7.0% cap · market cap 5.84%
Second Best
Office B
$663.4K
$580.5K – $774.0K
NOI $46,440 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$905.1K
$792.0K – $1.06M
NOI $63,360 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Office building with multiple private offices, reception, conference room, kitchen, restrooms, and outdoor storage/garage.
Where is this office building located?
The property is located at 307 HWY 42 E Coquille, OR.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 5,002 SF commercial office building built in 1995 with a flexible floor plan; Includes 10 private offices, reception area with built‑in front desk, and spacious open work areas; Large conference/training room plus kitchen/break room
