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    Commercial Riverfront Convenience Store Opportunity Title is generated by Realmo AI

    7550 Logsden Road, Logsden, OR 97357

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    Claim this Listing
    For Sale
    $425,000

    COMMERCIAL - Logsden, OR

    Property size:
    3,557 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $119/SF
    Added:
    Apr 6, 2024
    Days on Market:
    777
    Last Refresh:
    May 22 at 2:06 pm

    Property Features for 7550 Logsden Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-2 General Commercial
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 1, Bathroom 3
    Parking
    10
    Parking features
    Open, RV
    Security features
    Security System
    Window features
    Double Pane Windows, Vinyl Frames
    Fencing
    Barbed Wire
    Appliances
    Dishwasher, Microwave, Electric Oven, Electric Range, Water Heater, Refrigerator
    Standard status
    Active
    APN
    09093300-901-00
    Size
    3,557 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Year
    24
    Tax Annual Amount
    3014

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Well
    Water front
    1

    Building Details

    Year built
    1968
    Floors in Building
    2
    Flooring type
    Vinyl, Wood
    Building materials
    Block, Concrete, Stucco, Cedar
    Roof type
    Metal

    We can help!

    Listing Contact
    Anita Quilici
    Anita Quilici

    Listing agent Anita Quilici License #200004027

    Listing office Emerald Coast Realty - Depoe Bay 177 N Highway 101 PO Box 1034, Waldport, OR

    Listing date Apr 6, 2024

    MLS# LC-100818

    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.

    HighLights

    • Turn‑key commercial riverfront convenience store, gas station, post office, and deli with residential living space.
    • Includes an additional 1.32‑acre riverfront parcel with award‑winning salmon fishing holes, totaling 1.82 acres.
    • Two‑bedroom, one‑bath apartment located on the back of the commercial space with washer/dryer hookup.
    • Located minutes from the popular Moonshine County Park, a destination that drives traffic and sales.
    • Includes rotating inventory to get you started.
    • Building in great condition with fresh paint, gutters, and landscaping.

    Overview

    This commercial property features a convenience store with residential living space, situated on 0.50 acres. An additional 1.32-acre riverfront parcel is included, totaling 1.82 acres. The property is located minutes from Moonshine County Park. The Logsden Country Store includes a local convenient grocery store, gas station, post office, and deli, with produce from local farmers and ample parking. The property also features a 2-bedroom, 1-bath apartment on the back of the commercial space with washer and dryer hookups. The building is in great condition with fresh paint, gutters, and landscaping. The current owner bought it from her mother 30 years ago. The property includes award-winning salmon fishing holes. The commercial space is 3557 square feet. Potential business growth opportunities include internet marketing and sales, expanded inventory, fresh baked and prepared local food products, riverfront rentals of kayaks, inner tubes, and fishing equipment, and co-ops with local farmers and ranchers for fresh farm products. The summer season is the best quarter for financial gain. This is a turnkey business with the ability to live on the premises.
    Property Profile Location Intelligence

    Current Use by Public Records

    United States Postal ... Post Office Logsden Country Store Grocery & Convenience Store Logsden Post Office Post Office

    Suggested Use

    Food Market Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Logsden
    County
    Lincoln
    State
    Oregon
    Longitude
    -123.793299
    Latitude
    44.742737

    FAQs

    What type of property is this?
    Grocery and convenience store - Commercial property with store, gas, deli, living space, riverfront.
    Where is this grocery and convenience store located?
    The property is located at 7550 Logsden Road Logsden, OR.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Turn‑key commercial riverfront convenience store, gas station, post office, and deli with residential living space.; Includes an additional 1.32‑acre riverfront parcel with award‑winning salmon fishing holes, totaling 1.82 acres.; Two‑bedroom, one‑bath apartment located on the back of the commercial space with washer/dryer hookup.
    (541) 992-5195
    We can help!
    Listing Contact
    Anita Quilici
    Anita Quilici
    Real Estate License ID: 200004027
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    7550 Logsden Road, Logsden, OR 97357
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