77-80 11th St, Astoria, OR
Retail property available for purchase in Astoria, Oregon.
- Added:
- Apr 11, 2024
- Days on Market:
- 796
- Last Refresh:
- May 20 at 8:42 pm
Property Features for 77-80 11th St
General Information
- Standard status
- Active
- Size
- 15,532 SF
- Lot size
- 0.53 Acres
- Property subtype
- RETAIL
Listing agent RE/MAX River & Sea
Listing office RE/Max River & Sea (503) 338-5200
Listing date Apr 11, 2024
Source Moodyscre
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 River & Sea
HighLights
- Retail property available for purchase, offering income potential.
- Located in Astoria, Oregon.
- Commercial zoning.
- Street visibility.
- Customer access.
Overview
Local Financial Insights For Retail
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 | $501.4k | $32.28 |
| − Vacancy | −$160.4k | −$10.33 |
| EGI | $340.9k | $21.95 |
| − OpEx | −$102.3k | −$6.59 |
| NOI | $238.7k | $15.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Astoria
- County
- Clatsop
- State
- Oregon
- Longitude
- -123.832
- Latitude
- 46.1908
