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Retail Property for Sale
For Sale
$1,275,000

999 N 1st St, Silverton, OR 97381

For-sale retail property at 999 N 1st St in Silverton, Oregon.

Property Size6,460 SF
Days on Market119

Property Features for 999 N 1st St

General Information

Standard status Active
Size 6,460 SF
Property subtype Retail

Building Details

Building Size 6,460 SF
Year Built 1992
Listed By: AJ Nash | Partner · License #OR #201208908
Source: Traditionrep
Added: Jun 24 Changed: Oct 15 Last Checked: Oct 20 at 7:11PM

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 AJ Nash | Partner

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Investment Insights

Based on property information with market context.

This for-sale retail property is located at 999 N 1st St in Silverton, Oregon.

The offering is designated as retail space, suitable for buyers seeking a commercial retail asset in this area. Additional property specifics such as building size, unit configuration, and included improvements were not provided with the listing information.

Key Highlights

  • Retail property for sale at 999 N 1st St in Silverton, Oregon
  • Built in 1992

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,896
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,557,920 $1.6M
Cap Rate 7%
$1,112,800 $1.1M
Cap Rate 9%
$865,511 $865.5K
Market Conditions
NOI Build-Up for 6,460 SF
Gross rent
$116.3K $18.00/SF
− Vacancy
−$5.0K −$0.77/SF
EGI
$111.3K $17.23/SF
− OpEx
−$33.4K −$5.17/SF
NOI
$77.9K $12.06/SF
Area
Marion County, OR
Vacancy
4.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,557,920
Cap Rate 7%
$1,112,800
Cap Rate 9%
$865,511

Alternative Uses

Best Use
Retail
$1.11M
$973.7K – $1.30M (±1% cap)
NOI $77,896 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,350 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Redhead Engines Auto Repair Shop All City Glass ... Industrial Manufacturer

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby

Demographics for 97381, OR

16,313
Population
5,882
Households
2.8
Avg Household Size
40
Median Age
31%
College-Educated
92%
High-School Grad
110.0 sq mi
ZIP Area
148
Density / Sq Mi
$84,077
Median Household Income
$42,337
Median Earnings
$1,491
Median Rent
$497,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail property at 999 N 1st St in Silverton, Oregon.
Where is this retail space located?
The property is located at 999 N 1st St Silverton, OR.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Retail property for sale at 999 N 1st St in Silverton, Oregon; Built in 1992
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