Updated Storefront
For Sale
$218,000
92 GLENHART AVE, Winston, OR 97496
Single-story commercial property with flexible CG zoning, on-site parking, and an existing office area.
Property Size1,356 SF
Price / SF$160.77
Days on Market12
Property Features for 92 GLENHART AVE
General Information
Standard status
Active
Size
1,356 SF
Total Parking Spaces
8
Property subtype
General Commercial
Zoning
CG
Taxes and HOA fees
Annual Taxes
$2,416
Amenities
forced air heat
central air
private office space
Central Air
3
Heavy Composition
8 Parking Spaces. On Site.
Mountain, Trees/Woods
82' x 82.60', SqFt7000to9999
Office/Library, Storage Area. Paved Road.
Building Details
Year Built
1982
Buildings
1
Stories
1
Building Size
1,356 SF
Tenancy
Single
Owner Occupied
No
Listing Agency:
(541) 580-7056
Listed By:
Oregon Life Homes
(541) 580-7056
Source:
Xome
Added: Aug 9
Changed: Aug 19
Last Checked: Aug 19 at 5:04AM
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 Oregon Life Homes
Investment Insights
Based on property information with market context.
This 1,356-square-foot, single-story storefront building in Winston was built in 1982 and updated over the years. The interior is configured for salon operations, with a private office already in place, while the CG zoning supports retail, office, and professional service uses. Forced-air heat and central air provide year-round climate control.
The property includes eight paved on-site parking spaces and sits on an approximately 82' x 82.60' parcel. A month-to-month tenant currently occupies the building. The sale includes the building and land only; the Classic Cuts salon business is excluded and is offered separately.
The property includes eight paved on-site parking spaces and sits on an approximately 82' x 82.60' parcel. A month-to-month tenant currently occupies the building. The sale includes the building and land only; the Classic Cuts salon business is excluded and is offered separately.
Key Highlights
- 1,356‑square‑foot single‑story storefront building
- CG zoning supports retail, office, and professional service uses
- Built in 1982 and updated over the years
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
$16,146
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
7.41%
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%
$322,920
$322.9K
Cap Rate 7%
$230,657
$230.7K
Cap Rate 9%
$179,400
$179.4K
Market Conditions
NOI Build-Up for 1,356 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
$24.4K $18.00/SF
− Vacancy
−$1.3K −$0.99/SF
EGI
$23.1K $17.01/SF
− OpEx
−$6.9K −$5.10/SF
NOI
$16.1K $11.91/SF
Area
Douglas County, OR
Vacancy
5.50%
Lease Rate
$18.00 /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%
$322,920
Cap Rate 7%
$230,657
Cap Rate 9%
$179,400
Alternative Uses
Best Use
Retail
$230.7K
$201.8K – $269.1K
NOI $16,146 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$234.7K
$205.4K – $273.8K
NOI $16,429 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
20k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
7-Eleven
Shops & Services
9,326 visits/mo
0.2 miles
Mobil
Shops & Services
7,316 visits/mo
0.2 miles
Domino's Pizza
Dining
2,562 visits/mo
0.3 miles
Carquest Auto Parts # 5561
Shops & Services
409 visits/mo
0.3 miles
Demographics for 97496, OR
7,875
Population
3,510
Households
2.2
Avg Household Size
45
Median Age
13%
College-Educated
88%
High-School Grad
88.1 sq mi
ZIP Area
89
Density / Sq Mi
$55,776
Median Household Income
$31,805
Median Earnings
$1,029
Median Rent
$236,700
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?
Storefront property - Single-story commercial property with flexible CG zoning, on-site parking, and an existing office area.
Where is this storefront property located?
The property is located at 92 GLENHART AVE Winston, OR.
What is the asking price?
The asking price for this property is $218,000.
What are key features of this property?
This property features: 1,356‑square‑foot single‑story storefront building; CG zoning supports retail, office, and professional service uses; Built in 1982 and updated over the years
