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Mixed-Use Property With Shop
For Sale
$599,000

565 LINDY Ln, Coos Bay, OR 97420

CommercialSale, CoosBay, OR

Property Size5,000 SF
Lot Size1.64 Acres
Price / SF$119.80
Days on Market345

Property Features for 565 LINDY Ln

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2,R-2
Directions Corner of Ocean Blvd and Lindy Ln
Subdivision _260
Standard status Active
APN 351400
Size 5,000 SF
Lot size 1.64 Acres

Taxes and HOA fees

Tax Description 25S1321-CB-05900
Tax Annual Amount 4630
Legal Description 25S1321-CB-05900

Utilities

Heating system Radiant

Amenities

bathroom
washer/dryer hook-ups

Building Details

Year built 2009
Floors in Building 1
Roof type Composition
Listing Agency: Pacific Properties
Listed By: Randy Hoffine · License #200405075
Added: Oct 30, 2025 Changed: Sep 30 Last Checked: Oct 9 at 11:06AM
MLS# 143147398

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.

This mixed-use property includes a 5,000-square-foot shop constructed in 2009 with insulated concrete form walls, radiant heating, a bathroom, and washer/dryer hookups. The building offers a substantial enclosed footprint for commercial, automotive, or flexible business use, subject to applicable approvals. A composition roof serves the structure.

The 1.64-acre parcel carries both C-2 and R-2 zoning. Commercially zoned land occupies the front portion, while the rear section is residentially zoned. A home and additional outbuildings are also included and require further work. The property is located in CoosBay, Oregon, with access from Lindy Ln.

Key Highlights

  • 5,000‑square‑foot shop on a 1.64‑acre parcel
  • Built in 2009 with insulated concrete form construction
  • C‑2 and R‑2 zoning across the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,920
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,400 $1.1M
Cap Rate 7%
$756,000 $756.0K
Cap Rate 9%
$588,000 $588.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$84.0K $16.80/SF
− Vacancy
−$8.4K −$1.68/SF
EGI
$75.6K $15.12/SF
− OpEx
−$22.7K −$4.54/SF
NOI
$52.9K $10.58/SF
Area
Coos County, OR
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,400
Cap Rate 7%
$756,000
Cap Rate 9%
$588,000

Alternative Uses

Best Use
Retail
$756.0K
$661.5K – $882.0K (±1% cap)
NOI $52,920 @ 7.0% cap · market cap 8.83%
Second Best
Mixed Use
$640.7K
$560.6K – $747.5K (±1% cap)
NOI $44,850 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$905.1K
$792.0K – $1.06M (±1% cap)
NOI $63,360 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

Demographics for 97420, OR

27,454
Population
12,967
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
89%
High-School Grad
273.9 sq mi
ZIP Area
100
Density / Sq Mi
$61,624
Median Household Income
$35,536
Median Earnings
$982
Median Rent
$282,300
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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Energy-efficient commercial building with a bathroom, radiant heat, and washer/dryer hookups on a combined commercial and residential parcel.
Where is this mixed-use property 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: 5,000‑square‑foot shop on a 1.64‑acre parcel; Built in 2009 with insulated concrete form construction; C‑2 and R‑2 zoning across the property
More about this property
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