Riverfront Convenience
For Sale
$410,000
7550 LOGSDEN Rd, Logsden, OR 97357
CommercialSale, Logsden, OR
Property Size3,557 SF
Lot Size0.50 Acres
Price / SF$115.27
Days on Market57
Property Features for 7550 LOGSDEN Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
View
Valley
Directions
Hwy 20 to Toledo turn on Hwy 229 to Siletz turn right on Logsden Rd, approximately 7.5 miles
Subdivision
_200
Standard status
Active
APN
R28976
Size
3,557 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
PROPERTY ID R28976 TWNSHP 09, RNG 09, ACRES 0.50, MF262-1098 & MF
Tax Annual Amount
3014
Legal Description
PROPERTY ID R28976 TWNSHP 09, RNG 09, ACRES 0.50, MF262-1098 & MF
Utilities
Water front features
River Front
Water front
1
Amenities
riverfront
washer/dryer hookup
landscaping
Building Details
Year built
1968
Floors in Building
2
Building materials
Block, Concrete
Roof type
Metal
Listing Agency:
Emerald Coast Realty-Seal Rock
(541) 283-3589
Listed By:
Anita Quilici · License #200004027
(541) 992-5195
Added: Jul 1
Changed: Aug 25
Last Checked: Aug 26 at 3:06AM
MLS# 505495926
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 commercial property combines a convenience store, gas station, post office, and deli with an attached two-bedroom, one-bath apartment that includes washer and dryer hookups. The commercial building measures 3,557 square feet and was built in 1968, with block and concrete construction, a metal roof, above-ground fuel tanks, and on-site parking. Recent improvements include fresh paint, gutters, and landscaping. Rotating inventory is included.
The offering includes the 0.50-acre commercial parcel plus an additional 1.32-acre riverfront parcel, creating 1.82 acres in total. The property has river frontage, C-1 zoning, and is located minutes from Moonshine County Park in Logsden. The additional parcel expands the site beyond the store and residential improvements while retaining direct riverfront characteristics.
The offering includes the 0.50-acre commercial parcel plus an additional 1.32-acre riverfront parcel, creating 1.82 acres in total. The property has river frontage, C-1 zoning, and is located minutes from Moonshine County Park in Logsden. The additional parcel expands the site beyond the store and residential improvements while retaining direct riverfront characteristics.
Key Highlights
- 3,557‑square‑foot convenience store, gas station, post office, and deli
- Two‑bedroom, one‑bath apartment with washer and dryer hookups
- 0.50‑acre commercial parcel plus 1.32‑acre riverfront parcel; 1.82 acres total
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,994
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$739,880
$739.9K
Cap Rate 7%
$528,486
$528.5K
Cap Rate 9%
$411,044
$411.0K
Market Conditions
NOI Build-Up for 3,557 SF
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.
Gross rent
$51.2K $14.40/SF
− Vacancy
−$1.9K −$0.53/SF
EGI
$49.3K $13.87/SF
− OpEx
−$12.3K −$3.47/SF
NOI
$37.0K $10.40/SF
Area
Lincoln County, OR
Vacancy
3.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$739,880
Cap Rate 7%
$528,486
Cap Rate 9%
$411,044
Alternative Uses
Best Use
Retail
$618.4K
$541.1K – $721.5K
NOI $43,290 @ 7.0% cap · market cap 10.56%
Second Best
Specialty Retail
$528.5K
$462.4K – $616.6K
NOI $36,994 @ 7.0% cap · market cap 9.02%
Theoretical Best
Office A
$927.8K
$811.8K – $1.08M
NOI $64,945 @ 7.0% cap · market cap 15.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97357, OR
307
Population
107
Households
2.9
Avg Household Size
58
Median Age
2%
College-Educated
100%
High-School Grad
19.0 sq mi
ZIP Area
16
Density / Sq Mi
$26,146
Median Earnings
$445,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Convenience store with fuel service, deli, post office, and on-site residential space.
Where is this grocery and convenience store located?
The property is located at 7550 LOGSDEN Rd Logsden, OR.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 3,557‑square‑foot convenience store, gas station, post office, and deli; Two‑bedroom, one‑bath apartment with washer and dryer hookups; 0.50‑acre commercial parcel plus 1.32‑acre riverfront parcel; 1.82 acres total
