Warehouse Flex Property with Roll-Up
309 Laurel St Florence, OR 97439
309 Laurel St, Florence, OR, 97439
$349,000
For Sale
$349,000
Versatile warehouse flex property with four roll-up doors, two bathrooms, and two separate buildings at 307 and 309 Laurel St.
Property Size3,616 SF
Price / SF$96.52
Days on Market103
Property Features for 309 Laurel St
General Information
- Standard status
- Active
- Size
- 3,616 SF
Listing agency
TR Hunter Real Estate
(541) 999-8230
Listed by
Timothy Sapp · License #911200216
(541) 999-8230
Source
Exprealty
Added: Apr 10 Updated: Jul 20 at 6:31PM Checked: Jul 20 at 6:31PM
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 TR Hunter Real Estate
Investment Insights
Based on property information with market context.
This flex/warehouse property totals 3,616 square feet across two separate buildings, each with its own address. The site includes four roll-up doors for loading and day-to-day access, consisting of one two-car door and three single-car doors. Two bathrooms are available on-site, supporting a range of practical operating needs.
The buildings are located at 307 and 309 Laurel St in Florence, Oregon. The property is described as being just minutes from Old Town Florence, the Siuslaw River, grocery stores, and hiking trails, providing convenient access to nearby retail and recreation.
With dual addresses and flexible layout options, the property can accommodate a range of commercial, storage, or service-oriented uses.
The buildings are located at 307 and 309 Laurel St in Florence, Oregon. The property is described as being just minutes from Old Town Florence, the Siuslaw River, grocery stores, and hiking trails, providing convenient access to nearby retail and recreation.
With dual addresses and flexible layout options, the property can accommodate a range of commercial, storage, or service-oriented uses.
Key Highlights
- 3,616 total SF across two separate buildings at 307 and 309 Laurel St
- Four roll‑up doors for easy loading and access: one two‑car door and three single‑car doors
- Two bathrooms on‑site
Local Financial Insights For Warehouse
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 | $32.5k | $9.00 |
| − Vacancy | −$1.4k | −$0.38 |
| EGI | $31.2k | $8.62 |
| − OpEx | −$4.7k | −$1.29 |
| NOI | $26.5k | $7.33 |
3,616 SF · lease $9.00/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$593.3K
$519.2K – $692.2K
NOI $41,533 @ 7.0% cap · market cap 11.90%
Second Best
Warehouse
$378.6K
$331.3K – $441.7K
NOI $26,501 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$914.8K
$800.5K – $1.07M
NOI $64,036 @ 7.0% cap · market cap 18.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile warehouse flex property with four roll-up doors, two bathrooms, and two separate buildings at 307 and 309 Laurel St.
Where is this flex space located?
The property is located at 309 Laurel St Florence, OR.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 3,616 total SF across two separate buildings at 307 and 309 Laurel St; Four roll‑up doors for easy loading and access: one two‑car door and three single‑car doors; Two bathrooms on‑site
