Highway-Front Convenience
38396 Main St, Crawfordsville, OR 97336
For Sale
$500,000
A 2,000-square-foot store occupies a corner parcel with additional vacant land behind the building.
Property Size2,000 SF
Price / SF$250
Days on Market9
Property Features for 38396 Main St
General Information
Standard status
Size
Site & Location
Corner Location
Highway Access
Road Access
Additional Details
Business Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Listing Agency:
Oregon First
(503) 667-5686
Listed By:
Soo Paik
(503) 559-3327
Source:
Exprealty
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 6 at 11:57AM
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 Oregon First
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Investment Insights
Based on property information with market context.
This convenience store includes 2,000 square feet of building area. The property also has a vacant area behind the store, providing a distinct on-site land component.
The store is positioned on a highway and occupies a corner lot, with access described as easy to enter and exit. Its address is 38396 Main St in Crawfordsville, Oregon.
The store is positioned on a highway and occupies a corner lot, with access described as easy to enter and exit. Its address is 38396 Main St in Crawfordsville, Oregon.
Key Highlights
- 2,000‑square‑foot convenience store
- Corner parcel on a highway
- Vacant land behind the store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,926
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,520
$658.5K
Cap Rate 7%
$470,371
$470.4K
Cap Rate 9%
$365,844
$365.8K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$64.6K $32.28/SF
− Vacancy
−$20.7K −$10.33/SF
EGI
$43.9K $21.95/SF
− OpEx
−$11.0K −$5.49/SF
NOI
$32.9K $16.46/SF
Area
Linn County, OR
Vacancy
32.00%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,520
Cap Rate 7%
$470,371
Cap Rate 9%
$365,844
Alternative Uses
Best Use
Specialty Retail
$470.4K
$411.6K – $548.8K
NOI $32,926 @ 7.0% cap · market cap 6.59%
Second Best
Retail
$439.0K
$384.1K – $512.2K
NOI $30,731 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$582.6K
$509.8K – $679.8K
NOI $40,785 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97336, OR
133
Population
32
Households
4.2
Avg Household Size
52
Median Age
58%
High-School Grad
0.4 sq mi
ZIP Area
333
Density / Sq Mi
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
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A 2,000-square-foot store occupies a corner parcel with additional vacant land behind the building.
Where is this grocery and convenience store located?
The property is located at 38396 Main St Crawfordsville, OR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,000‑square‑foot convenience store; Corner parcel on a highway; Vacant land behind the store
