Marine Marina with Vessel
For Sale
$2,950,000
5262 Yaquina Bay Road, Newport, OR 97365
Commercial Sale, Newport, OR
Property Size21,400 SF
Lot Size13.03 Acres
Price / SF$137.85
Days on Market1157
Property Features for 5262 Yaquina Bay Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M-P Planned Marine and Re
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Appliances
Water Heater, Water Heater
View
River
Directions
From highway 20, turn south onto SE Moore Dr. Follow SE Moore Dr to SE Bay Blvd. Follow SE Bay Blvd, which turns into Yaquina Bay Rd for approximately 4.5 miles. Property located on right-hand side.
Standard status
Active
APN
11-11-27-BD-500-00
Size
21,400 SF
Lot size
13.03 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
15780
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Wood
Water source
Well
Water front
1
Building Details
Year built
1940
Floors in Building
1
Roof type
Membrane, Metal
Listing Agency:
Taylor & Taylor Realty Company
(800) 462-0197
Listed By:
Dennis M Regen · License #810604051
(541) 994-4169
Added: Aug 5, 2023
Changed: Oct 3
Last Checked: Oct 4 at 4:06PM
MLS# LC-99398
Copyright © 2026 Oregon Coast MLS. 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.
This 13.03-acre marina property on Yaquina Bay includes two vessel haul-outs and four site-built structures. The buildings comprise an approximately 10,000-square-foot shop, office, and work bay; a 7,500-square-foot warehouse; a 4,000-square-foot tall work bay with an aggregate floor; and a 400-square-foot masonry restroom and shower. Building areas are approximate. Electrical service is 230- and 480-volt, and a well supplies potable water at approximately 60 gallons per minute. Wastewater is handled by a drain field.
The property is zoned MP, planned marine, and is outside the urban growth boundary. It is within a development zone in a development estuary and is designated as an Enterprise Zone.
The property is zoned MP, planned marine, and is outside the urban growth boundary. It is within a development zone in a development estuary and is designated as an Enterprise Zone.
Key Highlights
- Two vessel haul‑outs on a 13.03‑acre marina property
- Four site‑built structures: approximately 10,000, 7,500, 4,000, and 400 square feet
- Electrical service at 230 and 480 volts
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
$262,755
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
8.91%
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%
$5,255,100
$5.3M
Cap Rate 7%
$3,753,643
$3.8M
Cap Rate 9%
$2,919,500
$2.9M
Market Conditions
NOI Build-Up for 21,400 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
$321.0K $15.00/SF
− Vacancy
−$11.9K −$0.56/SF
EGI
$309.1K $14.45/SF
− OpEx
−$46.4K −$2.17/SF
NOI
$262.8K $12.28/SF
Area
Lincoln County, OR
Vacancy
3.70%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
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%
$5,255,100
Cap Rate 7%
$3,753,643
Cap Rate 9%
$2,919,500
Alternative Uses
Best Use
Warehouse
$3.75M
$3.28M – $4.38M
NOI $262,755 @ 7.0% cap · market cap 8.91%
Second Best
Industrial
$3.09M
$2.70M – $3.61M
NOI $216,386 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$5.58M
$4.88M – $6.51M
NOI $390,726 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 97365, OR
10,806
Population
6,026
Households
1.8
Avg Household Size
47
Median Age
31%
College-Educated
91%
High-School Grad
41.5 sq mi
ZIP Area
260
Density / Sq Mi
$60,736
Median Household Income
$30,963
Median Earnings
$1,155
Median Rent
$418,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Marina - Marine-use zoning and multiple work buildings support a range of vessel service functions.
Where is this marina located?
The property is located at 5262 Yaquina Bay Road Newport, OR.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Two vessel haul‑outs on a 13.03‑acre marina property; Four site‑built structures: approximately 10,000, 7,500, 4,000, and 400 square feet; Electrical service at 230 and 480 volts
