Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    203 Ln Ontario, OR 97914
    Back to Search
    Property profile & analytics

    203 Ln Ontario, OR 97914

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 203 Ln

    Property type
    Retail properties & Spaces

    Description

    This exceptional retail opportunity in Ontario, Oregon, presents multiple spaces for lease within the Ontario Marketplace, located at 203 E Lane N, zip code 97914. The available spaces range in size from a generous 1,200 square feet to a substantial 4,200 square feet, offering flexibility for various retail businesses. The property is categorized as single-tenant retail space, ideal for businesses seeking a dedicated and independent location. Situated in Malheur County, Oregon, this property benefits from a strategic location within the Ontario Marketplace, providing excellent visibility and accessibility for customers. The specific suite numbers available include 203, 215, 253, 254, and 263 E Lane N. This presents a unique chance to establish or expand a retail presence in a thriving Oregon community. The property's precise geographical coordinates are latitude 44.0256232 and longitude -116.9407972. Interested parties are encouraged to inquire about lease terms and availability for these versatile retail spaces. The property type is classified as retail, and the tenancy is single. This presents a compelling opportunity for businesses seeking a well-located, adaptable retail space in Ontario, Oregon.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    Malheur
    State
    Oregon
    Longitude
    -116.941
    Latitude
    44.0256

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      215 3Rd Ave

      Distribution properties • 4,000 SF
      215 3Rd Ave, Ontario, OR 97914
      View Details
    • Value Estimation by Request
      45,686 SF

      1636 Idaho Ave

      Retail properties & Spaces • 45,686 SF
      1636 Idaho Ave, Ontario, OR 97914
      View Details
    • Value Estimation by Request
      2,100 SF

      661 4th Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,100 SF
      661 4th Ave, Ontario, OR 97914-2624
      View Details
    • Value Estimation
      $2,625,000
      41,888 SF

      1648 Idaho Ave Ste A

      RETAIL STORES (PERSONAL SERVICES) • 41,888 SF
      1648 Idaho Ave Ste A, Ontario, OR 97914-3002
      View Details
    • Value Estimation
      $560,000
      5,724 SF

      Idaho Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,724 SF
      Idaho Ave, Ontario, OR 97914
      View Details
    • Value Estimation
      $905,000
      10,080 SF

      1396 1st Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,080 SF
      1396 1st Ave, Ontario, OR 97914-2945
      View Details

    Similar Nearby for Sale

    • $900,000
      9,600 SF

      Downtown Ontario Mixed-Use Building

      Mixed-use building in Downtown Ontario with retail and apartments.
      221 Oregon St, Ontario, OR 97914
      View Details
    • $1,750,000
      24,640 SF

      Retail Property with Ample Parking

      Two-story retail property with display and storage areas.
      448 N Oregon St, Ontario, OR 97914
      View Details
    • Contact for pricing
      24,640 SF

      Retail-Wholesale Antique Business Opportunity

      24,000 SF retail property with lighted parking.
      Unknown, Ontario, OR 97914
      View Details
    • Contact for pricing
      16,578 SF

      Ontario Retail Investment Opportunity

      Retail property in Ontario, OR, with strong occupancy.
      49 NW 1St St, Ontario, OR 97914
      View Details
    • $300,000
      2,790 SF

      Auto Shop on Two Lots

      2,790 SF auto shop on 24,000 SF lot.
      211 NE 2Nd St, Ontario, OR 97914
      View Details
    • $1,200,000
      2.29 Acres

      Prime Ontario Commercial Land

      I-84 Visibility, High-Traffic Location
      Goodfellow St, Ontario, OR 97914
      View Details

    Similar Nearby for Lease

    • $18,000 /Mo
      1,500 SF

      Commercial Space in Ontario, Oregon

      1500 sq ft commercial space available for rent.
      2880 SW 4Th St, Ontario, OR 97914
      View Details
    • $24,000
      16,578 SF

      Office Space in Ontario, OR

      2000 Sq Ft office space for rent.
      49 NW 1St St, Ontario, OR 97914
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    203 Ln
    Ontario, OR 97914
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    203 Ln, Ontario, OR, 97914
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!