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    OFF-MARKET
    Office buildings

    97829 Shopping Ctr Ave, Brookings, OR 97415-9135

    1,891 SF 0.25 ac lot Built 1990
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US71-1570029
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 97829 Shopping Center Ave Unit D,E,F,G in Brookings, Oregon, presents a compelling investment opportunity. The 4,402 square foot building sits on a 0.42-acre lot and offers a versatile layout suitable for a variety of business uses. Multiple office spaces are available, providing flexibility for individual tenants or a single large operation. Ample parking is provided, ensuring convenient access for employees and clients. The property benefits from a highly visible location within the bustling Brookings/Harbor area, guaranteeing excellent accessibility and exposure to a large customer base. This thriving coastal community offers a strong and stable market, promising steady demand and significant potential for long-term growth and return on investment. The asking price for this prime commercial real estate is $615,000. This represents a unique chance to acquire a well-situated, multi-unit office building in a desirable Oregon coastal location. The property's functional design and prime location make it an ideal investment for both portfolio expansion and new business establishment. Don't miss this opportunity to secure a valuable asset in a growing market.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1990
    Total area 1,891 SF
    Lot 0.25 ac (10,890 SF)
    Zoning code C1
    APN 4113-05DD-00501
    UPID US71-1570029
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Advantage Harbor Qalicb LLC · 12 yrs held
    Advantage Harbor Qalicb LLC
    since 2013
    1 recorded transaction
    2013
    $329,000
    Zoning & alternative use
    C1 · Brookings, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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