Insulated Concrete Forms
565 Lindy Ln Coos Bay, OR 97420
For Sale
$599,000
Energy-efficient 60-by-40 shop includes a bathroom and washer/dryer hook-ups on a 1.64-acre parcel.
Property Size2,400 SF
Lot Size1.64 Acres
Price / SF$249.58
Days on Market269
Property Features for 565 Lindy Ln
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 1.64 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2009
Listing Agency:
Pacific Properties
(541) 260-2651
Listed By:
Randy Hoffine · License #200405075
(541) 260-2651
Source:
Allprofessionalsre
Added: Oct 30, 2025
Changed: Jul 25
Last Checked: Jul 25 at 5:39AM
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 Pacific Properties
Investment Insights
Based on property information with market context.
This energy-efficient shop is built with insulated concrete forms and offers a 60' x 40' footprint. The property includes a bathroom and washer/dryer hook-ups, along with home and outbuildings that are included with the sale and described as needing attention.
The shop sits toward the front of a 1.64-acre parcel on commercially zoned land, while the back portion is zoned residential, offering flexibility for future development. The remarks also note newly paved street access and a growing neighborhood.
The site configuration supports a range of uses consistent with the commercial zoning at the front and residential zoning to the rear, with the existing shop serving as the primary improvement on the property.
The shop sits toward the front of a 1.64-acre parcel on commercially zoned land, while the back portion is zoned residential, offering flexibility for future development. The remarks also note newly paved street access and a growing neighborhood.
The site configuration supports a range of uses consistent with the commercial zoning at the front and residential zoning to the rear, with the existing shop serving as the primary improvement on the property.
Key Highlights
- Energy‑efficient 60' x 40' shop built in 2009 with insulated concrete forms (ICF).
- Shop includes a bathroom and washer/dryer hook‑ups.
- Set on a 1.64‑acre parcel with the shop up front on commercially zoned land.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $12.00 |
| − Vacancy | −$1.1k | −$0.47 |
| EGI | $27.7k | $11.53 |
| − OpEx | −$4.2k | −$1.73 |
| NOI | $23.5k | $9.80 |
2,400 SF · lease $12.00/SF/yr · vacancy 3.89% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$336.1K
$294.1K – $392.1K
NOI $23,528 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$434.5K
$380.2K – $506.9K
NOI $30,413 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Energy-efficient 60-by-40 shop includes a bathroom and washer/dryer hook-ups on a 1.64-acre parcel.
Where is this warehouse located?
The property is located at 565 Lindy Ln Coos Bay, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Energy‑efficient 60' x 40' shop built in 2009 with insulated concrete forms (ICF).; Shop includes a bathroom and washer/dryer hook‑ups.; Set on a 1.64‑acre parcel with the shop up front on commercially zoned land.
