649 Fir St, Drain, OR 97435
5500+ sqft office building with parking and multiple uses.
- Added:
- Mar 10, 2026
- Days on Market:
- 110
- Last Refresh:
- Mar 19 at 10:13 pm
Property Features for 649 Fir St
General Information
- Standard status
- Active
- Size
- 5,512 SF
- Lot size
- 0.80 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1971
Listing office Oregon Life Homes
Listing date Mar 10, 2026
Source Crexi
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HighLights
- 5500+ sq ft executive office building.
- Zoning allows for multiple uses including manufacturing, storage, group home, or adult foster care.
- Dedicated parking for 25 cars.
- Features 12 large offices.
- Sits on 0.8 acres of space.
- Includes 4 bathrooms.
Overview
Local Financial Insights For Self Storage
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 | $79.4k | $14.40 |
| − Vacancy | −$6.3k | −$1.15 |
| EGI | $73.0k | $13.25 |
| − OpEx | −$21.9k | −$3.97 |
| NOI | $51.1k | $9.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Drain
- County
- Douglas
- State
- Oregon
- Longitude
- -123.3230314
- Latitude
- 43.6577002