97829 Shopping Center AveBrookings, OR 97415

Property Details for 97829 Shopping Center Ave

Year built

1990

Lot size

0.25 AC

Property size (Sq ft)

1,891 SF

Zone code

C1

Property type

Office buildings

APN

4113-05DD-00501

APU

411305DD00501

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $372,545

  6.5%

  $343,887

  7%

  $319,324

• Comparable approach

  Method

  Valuation

  Relative Method

  $484,531

  Geo Method

  $484,531

• Alternative Use

  Use

  Valuation

  Residential

  $426,420

  Hospitality

  $390,599

  Educational

  $324,974

  Medical

  $336,150

  Retail

  $505,514

Location Insight

City

Brookings

County

Curry

State

Oregon

Latitude

42.051

Longitude

-124.264

CBSA code

15060

CBSA name

BROOKINGS, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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