Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    SW 18Th St Ontario, OR 97914

    Sponsored
    For Sale
    $100,000

    Commercial - Ontario, OR

    Lot size:
    0.33 Acres
    Days on Market:
    96
    Last Refresh:
    Jan 25 at 3:06 pm

    Property Features for SW 18Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    Tax Lot 3803 Map# 18S4705DD
    Lot size
    0.33 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Marty Justus

    Four Star Real Estate (541) 889-8801

    Listing agent Marty Justus (541) 889-8801

    Listing date Oct 22, 2025

    MLS# 98965010 Listing URL

    Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Lot in Ontario, Oregon

    This commercial lot, located in Ontario, Oregon, offers 0.33 acres of land ready for development. The property is zoned Commercial 0-C2. Tax Lot 3802 is also available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ontario
    County
    Malheur
    State
    Oregon
    Longitude
    -116.990237485
    Latitude
    44.026442145

    Nearby Similar for Sale

    • $799,000
      4,910 SF

      Veterinary Clinic Complex For Sale

      Two-building veterinary complex with lease income in Ontario, Oregon.
      2514 SW 4Th Ave, Ontario, OR 97914
      View Details
    • $300,000
      3,440 SF

      Ontario Office Building For Sale

      Four-unit office building in high-traffic Ontario location.
      1157 SW 4Th Ave, Ontario, OR 97914
      View Details
    • $1,600,000
      Pending

      Two Office Buildings on Acreage

      Two office buildings with parking on a 3-acre parcel.
      1108 SE 6Th St, Ontario, OR 97914
      View Details
    • $525,000
      4,416 SF

      Ontario Mixed-Use Investment Opportunity

      Mixed-use property with retail and residential units in downtown Ontario.
      163 SW 1St St, Ontario, OR 97914
      View Details
    • $849,000
      84.00 Acres

      Ontario, OR Farm/Ranch Opportunity

      84-acre farm/ranch land with irrigation and wildlife habitat.
      Tbd Kimball Rd, Ontario, OR 97914
      View Details
    • $300,000
      2,790 SF

      Ontario Commercial Building For Sale

      Commercial building with fenced parking area, currently rented by auto clinic.
      211 NE 2Nd St, Ontario, OR 97914
      View Details
    • Contact for pricing
      1,486 SF

      Irrigated Farmland with Shop and House

      61 acres with house, shop, and irrigation near I-84.
      4465 Oak Rd, Ontario, OR 97914
      View Details
    • $799,999
      2,076 SF

      Equestrian Property with Arenas and Home

      32-acre equestrian property featuring arenas, home, and bunkhouse.
      4417 Community Rd, Ontario, OR 97914
      View Details
    • $7,950,000

      Ontario Retail Property For Sale

      Retail property available for purchase in Ontario, Oregon.
      1648 E Idaho Ave, Ontario, OR 97914
      View Details
    • New
      $950,000
      2.98 Acres

      Ontario, OR Industrial Land

      2.98 acre industrial/commercial land in Ontario, Oregon.
      Tbd Malheur Dr, Ontario, OR 97914
      View Details
    • $7,950,000

      Ontario Oregon Retail Investment Opportunity

      Fully leased retail property with expansion potential in Ontario, Oregon.
      1636 E Idaho Ave, Ontario, OR 97914
      View Details
    • $525,000
      4,416 SF

      Downtown Ontario Commercial Property

      High-yield multi-unit investment opportunity.
      163 1St St, Ontario, OR 97914
      View Details

    FAQs

    What type of property is this?
    Commercial land - Third acre commercial lot ready for development in Ontario, Oregon.
    Where is this commercial land located?
    The property is located at SW 18Th St Ontario, OR.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Third acre commercial lot, ready for development.; - Zoned Commercial 0-C2 offering a commercial development opportunity.; - Favorable location (coordinates provided).
    (541) 889-8801
    Request Owner's contact information
    SW 18Th St Ontario, OR 97914
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    SW 18Th St
    Ontario, OR 97914
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    SW 18Th St Ontario, OR 97914
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Marty Justus
    (541) 889-8801
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.