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    2761 Baseline St Cornelius, OR 97113

    Sponsored
    For Sale
    Contact for pricing

    High-exposure Cornelius restaurant site, land included.

    Property size:
    3,989 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property at 2761 Baseline Street, Cornelius, Oregon (97113) presents a unique investment opportunity. The site encompasses three tax lots (APN: R402594 / R402576 / R402567) offering flexible acquisition options. A potential buyer can purchase the western parcel (one tax lot) totaling 21,344 square feet, or the eastern parcels (two tax lots) encompassing 22,652 square feet of land plus a 3,989-square-foot retail building. The building, constructed in 1960, requires repairs. Alternatively, the entire property, totaling 43,966 square feet, is available for purchase. The property benefits from high visibility, situated along Baseline Street, which boasts an average daily traffic count of 33,200 vehicles. Zoned C2, Cornelius Highway Commercial, permitted uses include service commercial, auto sales/repairs, auto rentals, general office, medical/dental, restaurants, and hospitality. This prime location in Washington County offers significant potential for redevelopment or adaptive reuse. The property's size and zoning provide considerable flexibility for a variety of commercial ventures. This is a rare chance to acquire a high-traffic, versatile commercial property in a thriving Oregon market.

    Property Features for 2761 Baseline St

    General Information

    Property type
    Restaurants
    Square Feet
    3,989 SF

    Building Details

    Year Built
    1960

    HighLights

    • High‑visibility location with excess land.
    • High traffic count: 33,200 AADT on Baseline Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Washington
    State
    Oregon
    Longitude
    -123.0376117
    Latitude
    45.5197207

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Restaurant - High-exposure Cornelius restaurant site, land included.
    Where is this restaurant located?
    The property is located at 2761 Baseline St Cornelius, OR.
    What are key features of this property?
    This property features: High-visibility location with excess land.; High traffic count: 33,200 AADT on Baseline Road.;
    Request Owner's contact information
    2761 Baseline St Cornelius, OR 97113
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    Cornelius, OR 97113
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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
    2761 Baseline St Cornelius, OR 97113
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