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    OFF-MARKET
    Auto shops

    711 Spruce St, Myrtle Point, OR 97458-1154

    3,760 SF
    Individually Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US71-0959007
    Property summary
    AI-generated overview

    This established auto repair shop, Outlaw Auto, Tire & Lube, presents a unique owner-user opportunity in Myrtle Point, Oregon. Located at 711 Spruce St, this 3,760 square foot building sits on a 0.22-acre lot and boasts four large bays with potential for a fifth. Built in 1995 and extensively renovated in 2018, the property includes a new roof, updated office, bathroom, and lobby, all ADA-compliant. The building features 2"x6" framed walls, double sheet-rocked with a firebreak in the attic, and a built-in loft for extra storage. The shop is equipped with new lifts and a full-size oil and lube pit. Plumbing is in place for an additional bathroom. The property includes approximately 10 parking spaces and is conveniently located amongst complementary businesses in an area with limited competition. The asking price is $775,000 ($206.12/sq ft). 2023 property taxes were $3,470.82. The property is zoned CR. Financial information for the business is available upon request. Showings are by appointment only, weekends from 10 am to 6 pm. Buyer to conduct due diligence. No sign on the property. Lots 1 & 2, Block 16.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Total area 3,760 SF
    Zoning code CR
    APN 29 S 12 W 09 CC 3000
    UPID US71-0959007
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Outlaw Auto Tire & Lube Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    John D Black · 8 yrs held
    John D Black
    since 2018
    1 recorded transaction
    2018
    $265,000
    Zoning & alternative use
    CR · Myrtle Point, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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