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    306 Main St Dallas, OR 97338

    Sponsored
    For Sale
    $1,150,000

    Prime Dallas location, 10,414 SF, $1.15M

    Property size:
    10,414 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a unique investment opportunity in the thriving city of Dallas, Oregon. Located at 306 Main Street, this 0.78-acre parcel (33,976.8 sq ft) boasts a prominent, high-traffic location directly on Main Street. The property currently features a 10,414 square foot, two-level building constructed in 1969, housing eight tenants across a diverse mix of professional office, medical office, and community service businesses. The building offers ample parking, accommodating approximately 42 vehicles, a ratio of 4 spaces per 1,000 square feet. The property benefits from three convenient ingress/egress points, enhancing accessibility and convenience. Zoned CG-Commercial General, this property offers significant long-term flexibility for a wide range of commercial uses. The property has been under the same ownership since 1987, demonstrating its stability and potential for continued success. The asking price for this exceptional property is $1,150,000. This presents a rare chance to acquire a well-established commercial property in a rapidly growing Oregon community.

    Property Features for 306 Main St

    General Information

    Property type
    Land
    Square Feet
    10,414 SF

    Building Details

    Year Built
    1969

    HighLights

    • 0.78‑acre (33,976.8 sq ft) commercial land parcel in Dallas, Oregon.
    • High‑traffic location on Main Street.
    • 10,414 sq ft, two‑level building with eight tenants (professional, medical, and community service).
    • Ample parking (42 spaces, 4/1000 sq ft ratio).
    • Three convenient ingress/egress points.
    • CG‑Commercial General zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Practical Massage LLC. Massage Therapist Chiropractic First Wellness ... Chiropractor Dr. Jennifer Sneeuwjagt Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Polk
    State
    Oregon
    Longitude
    -123.3136808
    Latitude
    44.9272176

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Dallas location, 10,414 SF, $1.15M
    Where is this land located?
    The property is located at 306 Main St Dallas, OR.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 0.78-acre (33,976.8 sq ft) commercial land parcel in Dallas, Oregon.; High-traffic location on Main Street.; 10,414 sq ft, two-level building with eight tenants (professional, medical, and community service).
    Request Owner's contact information
    306 Main St Dallas, OR 97338
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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
    306 Main St Dallas, OR 97338
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