44-Unit Self-Storage
For Sale
$469,000
93697 STORAGE Dr, North Bend, OR 97459
CommercialSale, NorthBend, OR
Property Size5,000 SF
Lot Size0.77 Acres
Price / SF$93.80
Days on Market79
Property Features for 93697 STORAGE Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Directions
Hauser
Subdivision
_260
Standard status
Active
APN
165204
Size
5,000 SF
Lot size
0.77 Acres
Taxes and HOA fees
Tax Description
24S-13W-11C 603, 612, & 613
Tax Annual Amount
1598
Legal Description
24S-13W-11C 603, 612, & 613
Amenities
Deeded dune access
Building Details
Year built
1992
Floors in Building
1
Building materials
T111Siding, WoodFrame
Roof type
Composition, Metal
Listing Agency:
Pacific Properties
(541) 269-5263
Listed By:
Randy Hoffine · License #200405075
(541) 260-2651
Added: Jul 24
Changed: Oct 9
Last Checked: Oct 10 at 12:06PM
MLS# 792511517
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 self-storage property includes 44 units along with RV space rentals, providing two established rental components within one commercial asset. The site encompasses approximately 0.77 acres and includes about 5,000 square feet of building area. Improvements date to 1992 and feature wood-frame construction with T1-11 siding, plus metal and composition roofing.
The property is organized into three separate tax lots, each associated with its own address. C-1 zoning applies to the site, and no utilities are required to manage the existing storage operation. Deeded dune access is also included. Located in North Bend, Oregon, the property offers a combination of storage, RV rental, multiple tax lots, and established physical improvements.
The property is organized into three separate tax lots, each associated with its own address. C-1 zoning applies to the site, and no utilities are required to manage the existing storage operation. Deeded dune access is also included. Located in North Bend, Oregon, the property offers a combination of storage, RV rental, multiple tax lots, and established physical improvements.
Key Highlights
- 44‑unit self‑storage property with RV space rentals
- Approximately 0.77 acres with about 5,000 square feet of building area
- Three separate tax lots with three distinct addresses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,877
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,540
$837.5K
Cap Rate 7%
$598,243
$598.2K
Cap Rate 9%
$465,300
$465.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$81.0K $16.20/SF
− Vacancy
−$4.9K −$0.97/SF
EGI
$76.1K $15.23/SF
− OpEx
−$34.3K −$6.85/SF
NOI
$41.9K $8.38/SF
Area
Coos County, OR
Vacancy
6.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,540
Cap Rate 7%
$598,243
Cap Rate 9%
$465,300
Alternative Uses
Best Use
Warehouse
$700.2K
$612.7K – $816.9K
NOI $49,016 @ 7.0% cap · market cap 10.45%
Second Best
Self Storage
$684.0K
$598.5K – $798.0K
NOI $47,880 @ 7.0% cap · market cap 10.21%
Theoretical Best
Office A
$905.1K
$792.0K – $1.06M
NOI $63,360 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 97459, OR
14,932
Population
6,856
Households
2.2
Avg Household Size
46
Median Age
29%
College-Educated
93%
High-School Grad
109.3 sq mi
ZIP Area
137
Density / Sq Mi
$79,679
Median Household Income
$39,665
Median Earnings
$1,066
Median Rent
$349,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Self storage facility - C-1-zoned property combines established storage units with RV space rentals across a flexible commercial site.
Where is this self storage facility located?
The property is located at 93697 STORAGE Dr North Bend, OR.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 44‑unit self‑storage property with RV space rentals; Approximately 0.77 acres with about 5,000 square feet of building area; Three separate tax lots with three distinct addresses
