Planned Marine Marina with Vessel Haul
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 Market1112
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
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
Metal, Membrane
Listing Agency:
Taylor & Taylor Realty Company
(800) 462-0197
Listed By:
Dennis M Regen · License #810604051
(541) 994-4169
Added: Aug 5, 2023
Changed: Aug 20
Last Checked: Aug 20 at 7:06AM
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.
A marina property on Yaquina Bay with two vessel haul outs and four site-built structures, including a 10,000 SF main shop/office/work bay, a 7,500 SF elongated warehouse structure, and a 4,000 SF tall work bay with aggregate floor. A 400 SF masonry rest room and shower building round out the improvements. The site is zoned MP “planned marine” and is outside the urban growth boundary.
The property is serviced with electricity at 230 and 480-volt service. Potable water is supplied from a well producing approximately 60 gallons per minute. Wastewater effluent is discharged to a drain field. The entire site is within an “Enterprise Zone,” and the site lies within a development zone in a development estuary.
Additional notable building features include metal and membrane roofing and a wood heating system. All building square footage is approximate.
The property is serviced with electricity at 230 and 480-volt service. Potable water is supplied from a well producing approximately 60 gallons per minute. Wastewater effluent is discharged to a drain field. The entire site is within an “Enterprise Zone,” and the site lies within a development zone in a development estuary.
Additional notable building features include metal and membrane roofing and a wood heating system. All building square footage is approximate.
Key Highlights
- 13.03‑acre marina site on Yaquina Bay with two vessel haul outs
- Zoned MP “planned marine” and located outside the urban growth boundary
- Two power services: 230‑volt and 480‑volt electricity
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
—
—
no second resolved use
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
Property Profile
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
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?
Marina - Marina site with two vessel haul outs, MP planned marine zoning, and power and well-supplied water on Yaquina Bay.
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: 13.03‑acre marina site on Yaquina Bay with two vessel haul outs; Zoned MP “planned marine” and located outside the urban growth boundary; Two power services: 230‑volt and 480‑volt electricity
