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    1315 Main St Philomath, OR 97370

    • Lifestyle centers
    • 6,402 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 1315 Main St

    Lot size
    0.19 lot acres
    Property size
    6,402 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional two-story retail building, located at 1315 Main St in Philomath, Oregon, presents a compelling investment opportunity. Boasting 6,402 square feet on a 0.19-acre lot, this vacant property is zoned Downtown Commercial, offering significant potential for a variety of retail uses. The concrete poured structure is a historic building with six dedicated parking spaces. Its prime location in the heart of Philomath places it just four miles from Oregon State University, ensuring high visibility and accessibility. The asking price is $760,000. Note that the Furniture Restoration Center of Oregon, currently located within the building, is available for separate sale. This property is ideal for owner-users or investors seeking a strong foothold in a thriving Oregon community. Serious inquiries only. Do not disturb current occupants.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Philomath
    County
    Benton
    State
    Oregon
    Longitude
    -123.367
    Latitude
    44.5401

    Comparable in this City

    • Value Estimation by Request
      2,472 SF

      216 13Th St

      Individual retail properties • 2,472 SF
      216 13Th St, Philomath, OR 97370
      View Details
    • Value Estimation
      $440,000
      2,772 SF

      1305 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,772 SF
      1305 Main St, Philomath, OR 97370-2015
      View Details
    • Value Estimation by Request
      20,578 SF

      1740 Main St

      RETAIL STORES (PERSONAL SERVICES) • 20,578 SF
      1740 Main St, Philomath, OR 97370-9296
      View Details
    • Value Estimation by Request
      3,170 SF

      1805 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,170 SF
      1805 Main St, Philomath, OR 97370-9542
      View Details
    • Value Estimation by Request
      3,456 SF

      1737 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,456 SF
      1737 Main St, Philomath, OR 97370-9236
      View Details
    • Value Estimation
      $405,000
      1,600 SF

      134 10th St, Unit 144

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      134 10th St, Philomath, OR 97370-9704
      View Details

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    1315 Main St
    Philomath, OR 97370
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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
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