Automotive Property with Highway
For Sale
Contact for pricing
Pending
13780 S Macksburg Rd, Molalla, OR 97038
Corner location with industrial buildings suitable for automotive use.
Property Size5,800 SF
Days on Market774
Property Features for 13780 S Macksburg Rd
General Information
Standard status
Pending
Size
5,800 SF
Property subtype
Retail
Zoning
RI
Investment Type
Owner/User
Building Details
Units
1
Listing Agency:
Macadam Forbes
(503) 972-7277
Listed By:
Clayton Madey · License #OR 201727196
Source:
Crexi
Added: Jul 8, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:48AM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
This property presents an opportunity for an owner-user, particularly those in the automotive industry. The site features industrial buildings equipped with 3-phase power, lifts, an outdoor yard, rollup doors, and an office area. Historically used for automotive work, the property includes a permitted paint booth and a chemical suppression fire system. The buildings total 5,800 square feet. Situated on a prominent corner at the intersection of Highway 213 and Macksburg Rd, the location offers visibility and accessibility.
Key Highlights
- Corner location at the intersection of Highway 213 and Macksburg Rd.
- Usable industrial buildings with 3‑phase power.
- Permitted paint booth.
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
$80,668
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
8.49%
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%
$1,613,360
$1.6M
Cap Rate 7%
$1,152,400
$1.2M
Cap Rate 9%
$896,311
$896.3K
Market Conditions
NOI Build-Up for 5,800 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
$124.6K $21.48/SF
− Vacancy
−$9.3K −$1.61/SF
EGI
$115.2K $19.87/SF
− OpEx
−$34.6K −$5.96/SF
NOI
$80.7K $13.91/SF
Area
Clackamas County, OR
Vacancy
7.50%
Lease Rate
$21.48 /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%
$1,613,360
Cap Rate 7%
$1,152,400
Cap Rate 9%
$896,311
Alternative Uses
Best Use
Retail
$1.15M
$1.01M – $1.34M
NOI $80,668 @ 7.0% cap · market cap 8.49%
Second Best
Industrial
$520.1K
$455.1K – $606.7K
NOI $36,404 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,589 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97038, OR
17,173
Population
6,423
Households
2.7
Avg Household Size
38
Median Age
20%
College-Educated
90%
High-School Grad
130.8 sq mi
ZIP Area
131
Density / Sq Mi
$87,585
Median Household Income
$45,681
Median Earnings
$1,497
Median Rent
$452,200
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.
Similar Off Market Nearby
- Colby Collision — 13780 S Macksburg Rd, Molalla, OR 97038
- Molalla Discount Tire — 14377 S Macksburg Rd, Molalla, OR 97038
Frequently Asked Questions
What type of property is this?
Auto shop - Corner location with industrial buildings suitable for automotive use.
Where is this auto shop located?
The property is located at 13780 S Macksburg Rd Molalla, 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: Corner location at the intersection of Highway 213 and Macksburg Rd.; Usable industrial buildings with **3‑phase power**.; Permitted paint booth.
