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 Market97
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: Sep 8
Last Checked: Sep 8 at 8:56AM
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
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 = 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
$51,491
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
5.42%
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%
$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
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
$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 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%
$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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Coin Cloud Bitcoin ATM — 149 S 7th St, Coos Bay, OR 97420
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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
