Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    20 Willow St Depoe Bay, OR 97341

    • Warehouses
    • 3,480 SF
    For Sale
    View listing
    $800,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 20 Willow St

    Year built
    1993
    Property size
    3,480 SF
    Property type
    Warehouses
    Property subtype
    Retail properties

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Depoe Bay
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.045
    Latitude
    44.85

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      638 Hwy 101

      DISTRIBUTION WAREHOUSE • 2,400 SF
      638 Hwy 101, Depoe Bay, OR 97341-1901
      View Details
    • Value Estimation by Request
      1,350 SF

      605 Hwy 101

      DISTRIBUTION WAREHOUSE • 1,350 SF
      605 Hwy 101, Depoe Bay, OR 97341-9732
      View Details
    • Value Estimation by Request
      2,880 SF

      50 Ses 40th Ln

      DISTRIBUTION WAREHOUSE • 2,880 SF
      50 Ses 40th Ln, Depoe Bay, OR 97341-9686
      View Details
    • Value Estimation by Request
      1,200 SF

      Depoe Bay, OR 97341

      DISTRIBUTION WAREHOUSE • 1,200 SF
      Depoe Bay, OR 97341
      View Details
    • Value Estimation by Request
      1,891 SF

      3910 Evergreen Ave

      DISTRIBUTION WAREHOUSE • 1,891 SF
      3910 Evergreen Ave, Depoe Bay, OR 97341
      View Details
    • Value Estimation by Request
      2,389 SF

      5 Combs Ave

      DISTRIBUTION WAREHOUSE • 2,389 SF
      5 Combs Ave, Depoe Bay, OR 97341-1933
      View Details

    Similar Nearby for Sale

    • $250,000

      Cannabis Retail Space Opportunity

      Licensed retail space with US 101 frontage and ocean views.
      Us-101, Depoe Bay, OR 97341
      View Details
    • $1,750,000
      3,324 SF

      Depoe Bay Ocean View Investment

      Live/work/play coastal gem. Rare opportunity!
      112 Highway 101, Depoe Bay, OR 97341
      View Details
    • $299,900
      848 SF

      Highway 101 Retail Property

      Commercial property with parking and highway frontage in Depoe Bay.
      3885 Highway 101 N, Depoe Bay, OR 97341
      View Details
    • $1,050,000
      4,005 SF

      Depoe Bay Investment 4-Plex

      Desirable 4-plex in Depoe Bay with good rental history.
      131 SE Ainslee Ave, Depoe Bay, OR 97341
      View Details
    • $850,000
      2,310 SF

      Ocean View Vacation Rental Property

      Successful vacation rental with ocean views and separate units.
      318 Highway 101 N, Depoe Bay, OR 97341
      View Details
    • $850,000
      2,310 SF

      Depoe Bay Multifamily with Ocean Views

      Successful vacation rental property with two units and ocean views.
      318 Highway 101 N, Depoe Bay, OR 97341
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20 Willow St
    Depoe Bay, OR 97341
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.