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Property profile & analytics

1215 Shortridge SE St Albany, OR 97322-6934

  • Office Properties & Spaces
  • 2,768 SF
  • 0.34 lot acres
OFF-MARKET
Last Sale
Jul 17, 2025
$745,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US71-0745458
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 1215 Shortridge SE St

Year built
1972
Lot size
0.34 lot acres
Property size
2,768 SF
Property type
Office Properties & Spaces
APN
11S 03W 09BC 00300
APU
11S03W09BC00300

Description

This exceptional Albany, Oregon mixed-use property offers a compelling investment or business opportunity. Priced at $800,000, this property encompasses two buildings totaling 2,768 square feet on a 14,544.68 square foot lot. The main building, a single-story structure built in 1972, features 12 dedicated office spaces, a 15 x 17 conference room, break room, two bathrooms, attractive flooring and wainscoting, and a fenced patio. It boasts 19 parking spaces and nearly 140 feet of road frontage on Santiam Highway, providing excellent client access and visibility, just minutes from I-5. The building is equipped with air conditioning, forced air heating, city water, and sewer. A charming 520 square foot cottage, also on the property, has been updated with new flooring, trim, interior/exterior paint, roof, and vinyl windows. This secondary building includes a full bathroom, kitchen, and washer/dryer, suitable for office or residential use and features its own fenced yard. The property is zoned OP (Office Professional) for the cottage and Light Commercial for the main building, offering versatile usage options. This property presents a rare opportunity for significant return on investment.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Albany
County
Linn
State
Oregon
Longitude
-123.069
Latitude
44.6302
CBSA code
10540
CBSA name
ALBANY-LEBANON, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,486
$0.00
$0.00
$225,230
-
$83,770
$275,120
$358,890
More about this property
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