Remodeled Office Building in
747 Normal Ave Ashland, OR
747 Normal Ave, Ashland, OR, 00000
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For Sale
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2,800 SF remodeled office building with 12 parking spaces.
Property Size2,800 SF
Lot Size0.21 Acres
Price / SF$223.21
Days on Market294
Property Features for 747 Normal Ave
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Lot size
- 0.21 Acres
- Property subtype
- OFFICE
Listing agency
RE/Max Platinum
(541) 613-1683
Listed by
Saul Stearns · License #201213884
(541) 613-1683
Source
Moodyscre
Added: Oct 1, 2025 Updated: Jul 6 at 10:49AM Checked: Jul 21 at 6:47AM
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 RE/Max Platinum
Investment Insights
Based on property information with market context.
This is a 2,800 SF office building located in Ashland, Oregon. The property features an open floor plan and an ADA-accessible entry. It includes 12 dedicated parking spaces. The property is located near Southern Oregon University, off the corner of Siskiyou Boulevard, making it easily accessible. The space is suitable for a variety of end uses; confirmation with city planning is advised.
Key Highlights
- 2,800 SF Remodeled Office Building
- 12 Dedicated Parking Spaces (rare in Ashland)
- Open Floor Plan
Local Financial Insights For Office B
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 | $53.8k | $19.20 |
| − Vacancy | −$8.1k | −$2.88 |
| EGI | $45.7k | $16.32 |
| − OpEx | −$11.4k | −$4.08 |
| NOI | $34.3k | $12.24 |
2,800 SF · lease $19.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$489.6K
$428.4K – $571.2K
NOI $34,272 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$675.8K
$591.4K – $788.5K
NOI $47,309 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Living Opportunities Inc
Charitable Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 2,800 SF remodeled office building with 12 parking spaces.
Where is this office building located?
The property is located at 747 Normal Ave Ashland, OR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,800 SF Remodeled Office Building; 12 Dedicated Parking Spaces (rare in Ashland); Open Floor Plan
