Retail Shopping Center with Strong
For Sale
$950,000
777 N Bayshore Dr, Coos Bay, OR 97420
Retail shopping center offering substantial frontage, ample off-street parking, and a large sign with reader board.
Property Size4,865 SF
Price / SF$195.27
Days on Market142
Property Features for 777 N Bayshore Dr
General Information
Standard status
Active
Size
4,865 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1963
Listing Agency:
All State Real Estate
Listed By:
Ray Penny
(541) 297-7777
Source:
Rosecityrealtygroup
Added: Jun 4
Changed: Oct 2
Last Checked: Oct 7 at 2:54PM
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 All State Real Estate
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Investment Insights
Based on property information with market context.
Bayshore Plaza is a retail shopping center with strong visibility and a maintained exterior that includes many recent upgrades. The property features a large sign with a reader board and offers ample off-street parking for customer access.
The building extends 230 feet along both north- and south-bound Highway 101, with easy access from the highway in both directions. A curb cut is provided on southbound 101, and the site notes potential for expansion and development.
This is a for-sale retail property positioned for retail-oriented traffic exposure along Highway 101.
The building extends 230 feet along both north- and south-bound Highway 101, with easy access from the highway in both directions. A curb cut is provided on southbound 101, and the site notes potential for expansion and development.
This is a for-sale retail property positioned for retail-oriented traffic exposure along Highway 101.
Key Highlights
- Retail shopping center with 230 ft of frontage along both north- and southbound Hwy. 101
- Easy access for both north- and southbound traffic on Hwy. 101
- Extra‑large sign with reader board
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,491
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,029,820
$1.0M
Cap Rate 7%
$735,586
$735.6K
Cap Rate 9%
$572,122
$572.1K
Market Conditions
NOI Build-Up for 4,865 SF
Gross rent
$81.7K $16.80/SF
− Vacancy
−$8.2K −$1.68/SF
EGI
$73.6K $15.12/SF
− OpEx
−$22.1K −$4.54/SF
NOI
$51.5K $10.58/SF
Area
Coos County, OR
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,029,820
Cap Rate 7%
$735,586
Cap Rate 9%
$572,122
Alternative Uses
Best Use
Retail
$735.6K
$643.6K – $858.2K
NOI $51,491 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$880.7K
$770.6K – $1.03M
NOI $61,649 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
41k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Shops & Services 31%
Groceries 16%
Hotels & Casinos 11%
Starbucks
Dining
10,126 visits/mo
0.3 miles
Natural Grocers
Groceries
6,790 visits/mo
0.1 miles
Chevron
Shops & Services
5,966 visits/mo
0.1 miles
AT&T
Electronics
3,729 visits/mo
0.3 miles
U.S. Bank
Shops & Services
3,434 visits/mo
0.4 miles
Demographics for 97420, OR
27,454
Population
12,967
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
89%
High-School Grad
273.9 sq mi
ZIP Area
100
Density / Sq Mi
$61,624
Median Household Income
$35,536
Median Earnings
$982
Median Rent
$282,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Coin Cloud Bitcoin ATM — 149 S 7th St, Coos Bay, OR 97420
- Other Side of the Tracks Mall — 1313 N Bayshore Dr, Coos Bay, OR 97420
Frequently Asked Questions
What type of property is this?
Shopping center - Retail shopping center offering substantial frontage, ample off-street parking, and a large sign with reader board.
Where is this shopping center located?
The property is located at 777 N Bayshore Dr Coos Bay, OR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Retail shopping center with 230 ft of frontage along both north- and southbound Hwy. 101; Easy access for both north- and southbound traffic on Hwy. 101; Extra‑large sign with reader board
