Modern Commercial Property in
For Sale
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428 NE Newton Creek Rd, Roseburg, OR 97470
High-quality commercial property with excellent exposure and flexible zoning.
Property Size9,000 SF
Lot Size0.85 Acres
Price / SF$144.44
Days on Market200
Property Features for 428 NE Newton Creek Rd
General Information
Standard status
Active
Size
9,000 SF
Lot size
0.85 Acres
Property subtype
Industrial
Zoning
C3
Building Details
Year Built
2016
Buildings
2
Stories
1
Listing Agency:
RE/MAX Professional Realty
(541) 580-6767
Listed By:
Jennifer Kramer · License #OR 930800223
Source:
Crexi
Added: Jan 23
Changed: Aug 8
Last Checked: Aug 10 at 2:00PM
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 RE/MAX Professional Realty
Investment Insights
Based on property information with market context.
Located at 428 NE Newton Creek Rd in Roseburg, Oregon, this commercial property offers visibility and accessibility in a high-traffic area. Constructed in 2016, the property includes a 9,000 sq ft main building and an additional 1,200 sq ft four-bay auxiliary building, suitable for various business applications. The main building features a metal frame, designed for functionality. A large mezzanine level includes a break room with a kitchen sink. There are two office spaces and three restroom facilities. Situated on a 0.85-acre lot, the property provides paved parking and maneuvering space. The rear portion of the property is fully fenced. Zoned C3, this property allows for commercial and light industrial uses, making it suitable for owner-users or investors.
Key Highlights
- Prime location in a high‑traffic corridor of Roseburg, Oregon, offering excellent visibility and accessibility.
- Modern construction (built in 2016) with a durable metal frame.
- Versatile space: 9,000 sq ft main building plus a 1,200 sq ft auxiliary building.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,906
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,618,120
$1.6M
Cap Rate 7%
$1,155,800
$1.2M
Cap Rate 9%
$898,956
$899.0K
Market Conditions
NOI Build-Up for 9,000 SF
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.
Gross rent
$135.0K $15.00/SF
− Vacancy
−$10.5K −$1.17/SF
EGI
$124.5K $13.83/SF
− OpEx
−$43.6K −$4.84/SF
NOI
$80.9K $8.99/SF
Area
Douglas County, OR
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,618,120
Cap Rate 7%
$1,155,800
Cap Rate 9%
$898,956
Alternative Uses
Best Use
Flex RnD
$1.16M
$1.01M – $1.35M
NOI $80,906 @ 7.0% cap · market cap 6.22%
Second Best
Warehouse
$945.3K
$827.2K – $1.10M
NOI $66,172 @ 7.0% cap · market cap 5.09%
Theoretical Best
Specialty Retail
$1.56M
$1.36M – $1.82M
NOI $109,039 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - High-quality commercial property with excellent exposure and flexible zoning.
Where is this flex space located?
The property is located at 428 NE Newton Creek Rd Roseburg, OR.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime location in a high‑traffic corridor of Roseburg, Oregon, offering excellent visibility and accessibility.; Modern construction (built in 2016) with a durable metal frame.; Versatile space: **9,000 sq ft main building plus a 1,200 sq ft auxiliary building.**
