Property profile

1233 Teakwood Ave Coos Bay, OR 97420

FOR SALE
Other automotive properties
Property ID
US71-1570383
5,456 SF 1.27 ac lot Built 1964
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a newly constructed 22,500-square-foot retail building located at Teakwood Plaza in Coos Bay, Oregon. It is situated within a big-box retail center on U.S. Highway 101 with bi-directional frontage and visibility, adjacent to Planet Fitness and Tru Furniture. The site is on a 1.27-acre lot and has zoning classified as I-C. The property benefits from exposure to approximately 27,200 vehicles per day (ADT). The building is occupied by TJ Maxx and is configured for retail use consistent with national discount retail operations.

Property profile

Verified
Property type Other automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1964
Total area 5,456 SF
Lot 1.27 ac (55,321 SF)
Zoning code I-C
APN 25 S 13 W 22 DD 601
UPID US71-1570383

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1233 Teakwood Ave Coos Bay, OR 97420
Coos Bay metro Census 600 COOS BAY, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$19.97M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$19.97M

Owner & transaction history

since 2025
Last sale
$20.0M
4 recorded transactions
2025
$20.0M
2024
$20.0M
2013
$1.6M
2007
Price N/A

Zoning & alternative use

I-C · Coos Bay, OR
Zoning description

This district provides suitable areas for a variety of industrial and commercial uses, including manufacturing, wholesale trade and distribution activities

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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