Mixed-Use Property with Fenced
512 NW Cecil Ave, Roseburg, OR 97470
For Sale
$315,000
MU zoning and a converted room with French doors support office or studio use.
Property Size1,036 SF
Price / SF$304.05
Days on Market43
Property Features for 512 NW Cecil Ave
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Highway Access
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Different Better Real Estate
Listed By:
Anthony Beckham · License OR #201219887
(541) 236-2662
Source:
Horsepowerrealestateproperties
Added: Oct 2
Changed: Nov 11
Last Checked: Nov 12 at 4:35PM
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 Different Better Real Estate
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Investment Insights
Based on property information with market context.
Built in 2024, this 1,036-square-foot mixed-use property has stainless steel appliances, commercial-grade vinyl plank flooring, and double insulation described as soundproof. A converted room with French doors provides space for an office or studio. The foundation uses helical piles and carries a lifetime warranty.
The MU-zoned property is near I-5 and Mulholland Dr. Paved parking is available on site, and the large fenced yard has double-gate access. The property also accommodates RV parking, with the yard identified for possible future expansion or a shop or garage.
The MU-zoned property is near I-5 and Mulholland Dr. Paved parking is available on site, and the large fenced yard has double-gate access. The property also accommodates RV parking, with the yard identified for possible future expansion or a shop or garage.
Key Highlights
- 1,036 square feet; built in 2024
- MU zoning
- Converted room with French doors for office or studio use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,953
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,060
$179.1K
Cap Rate 7%
$127,900
$127.9K
Cap Rate 9%
$99,478
$99.5K
Market Conditions
NOI Build-Up for 1,036 SF
Gross rent
$14.3K $13.80/SF
− Vacancy
−$2.4K −$2.28/SF
EGI
$11.9K $11.52/SF
− OpEx
−$3.0K −$2.88/SF
NOI
$9.0K $8.64/SF
Area
Douglas County, OR
Vacancy
16.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,060
Cap Rate 7%
$127,900
Cap Rate 9%
$99,478
Alternative Uses
Best Use
Office B
$127.9K
$111.9K – $149.2K
NOI $8,953 @ 7.0% cap · market cap 2.84%
Second Best
Mixed Use
$102.7K
$89.8K – $119.8K
NOI $7,187 @ 7.0% cap · market cap 2.28%
Theoretical Best
Specialty Retail
$179.3K
$156.9K – $209.2K
NOI $12,552 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - MU zoning and a converted room with French doors support office or studio use.
Where is this mixed-use property located?
The property is located at 512 NW Cecil Ave Roseburg, OR.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1,036 square feet; built in 2024; MU zoning; Converted room with French doors for office or studio use
