Self-Storage
For Sale
$1,600,000
5071 HIGHWAY 101, Florence, OR 97439
CommercialSale, Florence, OR
Property Size11,425 SF
Lot Size1.77 Acres
Price / SF$140.04
Days on Market104
Property Features for 5071 HIGHWAY 101
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
NC
Directions
Munsel Lake Rd X Hwy 131
Subdivision
_230
Standard status
Active
APN
0781854
Size
11,425 SF
Lot size
1.77 Acres
Taxes and HOA fees
Tax Description
18-12-14-20-01600 , 18-12-14-20-01500
Tax Annual Amount
8342
Legal Description
18-12-14-20-01600 , 18-12-14-20-01500
Building Details
Year built
1994
Listing Agency:
Windermere Real Estate Lane County
(541) 997-5926
Listed By:
Oscar Rigoli
(541) 901-3280
Added: May 15
Changed: May 19
Last Checked: Aug 26 at 3:06AM
MLS# 369136234
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Maxi Storage is a self-storage facility at 5071 Highway 101 in Florence, Oregon. The property includes 11,425 square feet of building area on 1.77 acres, with construction completed in 1994.
The site is identified as NC-zoned commercial property and is located in Lane County within the 97439 postal area. Its Highway 101 address places the facility along a principal roadway serving Florence and the Oregon Coast.
The site is identified as NC-zoned commercial property and is located in Lane County within the 97439 postal area. Its Highway 101 address places the facility along a principal roadway serving Florence and the Oregon Coast.
Key Highlights
- 11,425‑square‑foot self‑storage facility
- 1.77‑acre property
- NC zoning
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
Property Profile
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
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?
Self storage facility - NC zoning and a 1994 construction date define this established commercial facility.
Where is this self storage facility located?
The property is located at 5071 HIGHWAY 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; 1.77‑acre property; NC zoning
