Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    199 Calapooia St Sutherlin, OR 97479
    Back to Search
    Property profile & analytics

    199 Calapooia St, Sutherlin, OR 97479

    View on Map
    • Day care centers
    • 2,670 SF
    • 0.29 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 199 Calapooia St

    Year built
    1948
    Lot size
    0.29 lot acres
    Property type
    Day care centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional 2,670 square foot commercial property, located at 199 S Calapooia St, Sutherlin, OR 97479, presents a fantastic investment opportunity. Situated on a 0.29-acre lot in Douglas County, this single-story, 1948-built building is zoned C1 and boasts excellent street visibility in a high-traffic area. Currently configured as a massage therapy and plant retail space, the property features large windows, an open floor plan, newer flooring, and a recently replaced roof. Approved plans exist for a 2-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) on the rear of the building, adding significant residential potential. The rear lot also offers additional development possibilities. Located within Sutherlin's C-1 (Downtown Commercial) zoning district and Urban Renewal District, this property offers access to potential development incentives. Furthermore, its location within an Enterprise Zone qualifies for state tax incentives. The asking price is $269,000, translating to $100.75 per square foot. This versatile property is ideal for a variety of businesses and offers a strong potential for rental income or expansion. The thriving local population of 8,956 provides a solid customer base. This is a unique opportunity to own a property combining prime commercial location, residential development potential, and tax incentive eligibility.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sutherlin
    County
    Douglas
    State
    Oregon
    Longitude
    -123.315
    Latitude
    43.3891

    Comparable in this City

    • Value Estimation by Request
      1.67 Acres

      Dakota St

      Land
      0 Dakota St, Sutherlin, OR 97479
      View Details
    • Value Estimation by Request
      16,740 SF

      249 Dakota St

      MEDICAL BUILDING
      249 Dakota St, Sutherlin, OR 97479-9908
      View Details
    • Value Estimation by Request
      2,884 SF

      1000 Central Ave

      MEDICAL BUILDING
      1000 Central Ave, Sutherlin, OR 97479-9471
      View Details
    • Value Estimation by Request
      1,611 SF

      155 Umpqua St

      MEDICAL BUILDING
      155 Umpqua St, Sutherlin, OR 97479-9567
      View Details
    • Value Estimation by Request
      2,280 SF

      103 Clover Leaf Loop

      MEDICAL BUILDING
      103 Clover Leaf Loop, Sutherlin, OR 97479-8540
      View Details
    • Value Estimation by Request
      2,360 SF

      317 Central Ave

      MEDICAL BUILDING
      317 Central Ave, Sutherlin, OR 97479-9584
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,810 SF

      Mixed-Use Building with Updated Apartments

      Two-story commercial building with office and updated apartments.
      251 N Umpqua St, Sutherlin, OR 97479
      View Details
    • Contact for pricing

      Freestanding Restaurant Building For Sale

      4,750 SF commercial restaurant building on nearly one acre.
      125 Ponderosa Dr, Sutherlin, OR 97479
      View Details
    • $30,000
      0.64 Acres

      Sutherlin Land Opportunity

      Three city lots totaling 0.64 acres in Sutherlin, Oregon.
      1027 Forest Heights St, Sutherlin, OR 97479
      View Details
    • Contact for pricing
      1,440 SF

      Usable Pasture Land with Arena

      13.58 acres of pasture land with mountain views.
      2529 Northside Rd, Sutherlin, OR 97479
      View Details
    • $135,000
      0.17 Acres

      Residential Lot in Ridgeview Subdivision

      Buildable lot in Sutherlin's Ridgeview Subdivision with easy I-5 access.
      Scardi Blvd, Sutherlin, OR 97479
      View Details
    • $160,000
      2.78 Acres

      Sutherlin Land Parcel For Sale

      2.78 acre parcel near Sutherlin, ideal for custom home.
      1555 Northside Rd, Sutherlin, OR 97479
      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.
    199 Calapooia St
    Sutherlin, OR 97479
    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    199 Calapooia St, Sutherlin, OR, 97479
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!