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    5216-5280 Philomath Blvd Corvallis, OR 97333

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    For Lease
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    Neighborhood shopping center anchored by Safeway and BiMart.

    Property size:
    1,500 SF
    Lot size:
    11.43 Acres

    Property Features for 5216-5280 Philomath Blvd

    General Information

    Size
    1,500 SF
    Lot size
    11.43 Acres

    Source: Phillips Edison & Company - Corporate Agent Josh O'Toole

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Corvallis Center

    This neighborhood shopping center is anchored by Safeway and BiMart. National tenants include Dollar Tree, Burger King, The UPS Store, Subway and Edward Jones. The center is located on Philomath Blvd with over 18,100 vehicles per day. The location is less than two miles from the Oregon State University campus. The population exceeds 47,000 within a three-mile trade area with an average household income over $72,400. One available retail space offers 1,500 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM, Sunset Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Benton
    State
    Oregon
    Longitude
    -123.3069872
    Latitude
    44.55057

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    FAQs

    What type of property is this?
    Shopping center - Neighborhood shopping center anchored by Safeway and BiMart.
    Where is this shopping center located?
    The property is located at 5216-5280 Philomath Blvd Corvallis, OR.
    What are key features of this property?
    This property features: - Anchored by Safeway and BiMart, attracting consistent customer traffic.; - Located on Highway 34 and Philomath Blvd with high traffic volume (18,100 VPD).; - Proximity to Oregon State University campus (less than two miles).
    (513) 554-1110
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    Realmo Value Estimation

    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.

    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.

    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
    5216-5280 Philomath Blvd Corvallis, OR 97333
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