LEISURE St Glide, OR 97443
LAND - Glide, OR
Property Features for LEISURE St
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- RS
- Standard status
- Active
- APN
- R35968
- Lot size
- 2.06 Acres
Taxes and HOA fees
- Tax Description
- P.P. 2005-67, PARCEL 1, ACRES 1.55
- Tax Annual Amount
- 697
Listing agent Sandra Hart (541) 430-5512
Listing office The Neil Company Real Estate 2245 NW Stewart Parkway, Roseburg, OR (541) 673-4417
Listing date Jul 13, 2026
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Investment Insights
Based on property information with market context.
The parcel sits at the end of a dead-end street, which the listing describes as offering privacy. Zoning is RS.
A water meter for Glide Water has already been purchased, and public sewer is available. The listing notes that owners would need house plans to move forward with development.
Key Highlights
- 2‑lot buildable parcel totaling 2.06 acres of level usable space
- Located at the end of a dead‑end street for added privacy
- Existing 1,680 SF barn/shop with partially enclosed space and concrete floor
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.1k | $9.00 |
| − Vacancy | −$588 | −$0.35 |
| EGI | $14.5k | $8.65 |
| − OpEx | −$2.2k | −$1.30 |
| NOI | $12.4k | $7.35 |