Property profile

225 Lockhart Ave Coos Bay, OR 97420

OFF-MARKET
Other warehouses
Property ID
US71-0750368
4,880 SF Built 1988
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Located in Coos Bay on 1.46 acres of level land, the property includes an 18,856-square-foot warehouse with 3,281 square feet of office space, along with a 4,368-square-foot covered equipment shed at the rear of the site featuring a concrete floor. The site includes multiple buildings and is enclosed by a fenced yard. Building and site improvements include drainage work, concrete areas, paved surfaces, a security system, interior/exterior paint, and restroom facilities. The property is served by city services and is zoned I-C, supporting commercial/industrial use.

Property profile

Verified
Property type Other warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1988
Total area 4,880 SF
Zoning code I-C
APN 25 S 13 W 35 CD 100
UPID US71-0750368

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor

Location

225 Lockhart Ave Coos Bay, OR 97420-1475
Coos Bay metro Census 701 COOS BAY, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2021
$750,000

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
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