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Two-Room Office Suite
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322 Main St, Dallas, OR 97338

Compact office accommodation with shared bathroom access, parking, and strong natural light.

Property Size165 SF
Price / SF$114.55
Days on Market74

Property Features for 322 Main St

General Information

Standard status Active
Size 165 SF
Property subtype Farm/Ranch

Additional Details

Office Units 1

Amenities

shared bathroom
natural light
Listing Agency: COHO COMMERCIAL
Listed By: Peter Braunworth · License #200603159
Source: Wisser
Added: Aug 4 Changed: Oct 11 Last Checked: Oct 5 at 9:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COHO COMMERCIAL

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Investment Insights

Based on property information with market context.

This 165-square-foot office unit is configured as a two-room suite within Main Street Plaza. The space includes access to a shared bathroom and receives natural light, providing a straightforward setup for a small office user.

The property is located at 322 Main St in Dallas, Oregon, with parking available for occupants and visitors.

Key Highlights

  • 165‑square‑foot office suite
  • Two‑room configuration
  • Access to a shared bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,272
Suggested Prices Based on Cap Rates
Cap Rate 5%
$45,440 $45.4K
Cap Rate 7%
$32,457 $32.5K
Cap Rate 9%
$25,244 $25.2K
Market Conditions
NOI Build-Up for 165 SF
Gross rent
$3.6K $21.60/SF
− Vacancy
−$535 −$3.24/SF
EGI
$3.0K $18.36/SF
− OpEx
−$757 −$4.59/SF
NOI
$2.3K $13.77/SF
Area
Polk County, OR
Vacancy
15.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$45,440
Cap Rate 7%
$32,457
Cap Rate 9%
$25,244

Alternative Uses

Best Use
Office B
$32.5K
$28.4K – $37.9K (±1% cap)
NOI $2,272 @ 7.0% cap · market cap 12.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$43.8K
$38.3K – $51.1K (±1% cap)
NOI $3,067 @ 7.0% cap · market cap 16.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Dallas Food Bank Food Bank Developmental Systems Inc Social Service Agency Renew Consulting, Inc. Social Service Agency Valley Denture Center Dental Office Bambinos Oregon Association / Organization

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

1,050
Businesses Nearby

Demographics for 97338, OR

22,741
Population
9,109
Households
2.5
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
124.8 sq mi
ZIP Area
182
Density / Sq Mi
$73,345
Median Household Income
$37,359
Median Earnings
$1,197
Median Rent
$388,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office units - Compact office accommodation with shared bathroom access, parking, and strong natural light.
Where is this office units located?
The property is located at 322 Main St Dallas, OR.
What are key features of this property?
This property features: 165‑square‑foot office suite; Two‑room configuration; Access to a shared bathroom
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