Maxi Storage
For Sale
$1,600,000
5071 Hwy 101, Florence, OR 97439
Established self-storage property serving Florence on the Oregon Coast.
Property Size11,425 SF
Price / SF$140.04
Days on Market258
Property Features for 5071 Hwy 101
General Information
Standard status
Active
Size
11,425 SF
Property subtype
Commercial
Building Details
Year Built
1994
Listing Agency:
Windermere Real Estate Lane County
Listed By:
Oscar Rigoli
(541) 901-3280
Source:
Portlandpropertylistings
Added: Jan 12
Changed: Sep 23
Last Checked: Sep 26 at 7:40AM
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 Windermere Real Estate Lane County
Investment Insights
Based on property information with market context.
Maxi Storage is a self-storage facility at 5071 Hwy 101 in Florence, Oregon. The property contains 11,425 square feet and was built in 1994.
Located in the 97439 area on the Oregon Coast, the facility offers an established commercial property format for continued self-storage use.
Located in the 97439 area on the Oregon Coast, the facility offers an established commercial property format for continued self-storage use.
Key Highlights
- 11,425‑square‑foot self‑storage facility
- Built in 1994
- Located at 5071 Hwy 101 in Florence, OR 97439
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
$88,292
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
5.52%
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%
$1,765,840
$1.8M
Cap Rate 7%
$1,261,314
$1.3M
Cap Rate 9%
$981,022
$981.0K
Market Conditions
NOI Build-Up for 11,425 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
$137.1K $12.00/SF
− Vacancy
−$11.0K −$0.96/SF
EGI
$126.1K $11.04/SF
− OpEx
−$37.8K −$3.31/SF
NOI
$88.3K $7.73/SF
Area
Lane County, OR
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,765,840
Cap Rate 7%
$1,261,314
Cap Rate 9%
$981,022
Alternative Uses
Best Use
Self Storage
$1.26M
$1.10M – $1.47M
NOI $88,292 @ 7.0% cap · market cap 5.52%
Second Best
Warehouse
$1.20M
$1.05M – $1.40M
NOI $83,730 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M
NOI $202,327 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
Demographics for 97439, OR
15,634
Population
9,056
Households
1.7
Avg Household Size
62
Median Age
27%
College-Educated
92%
High-School Grad
168.3 sq mi
ZIP Area
93
Density / Sq Mi
$58,576
Median Household Income
$36,146
Median Earnings
$1,164
Median Rent
$364,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Established self-storage property serving Florence on the Oregon Coast.
Where is this self storage facility located?
The property is located at 5071 Hwy 101 Florence, OR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 11,425‑square‑foot self‑storage facility; Built in 1994; Located at 5071 Hwy 101 in Florence, OR 97439
