700 Weed Ave Vernonia, OR 97064
- Specialty properties
- 828 SF
- 0.26 lot acres
Current Use by Public Records
- open door gathering / Place Of Worship
Property Details for 700 Weed Ave
- Year built
- 1924
- Lot size
- 0.26 lot acres
- Property size
- 828 SF
- Zone code
- VR:GC
- Property type
- Specialty properties
- APN
- 4405-DA-01300
- APU
- 4405DA01300
Description
This exceptional commercial property, located at 700 Weed Avenue in the charming town of Vernonia, Oregon, presents a unique investment opportunity. Boasting 880 square feet of versatile space situated on a sizable 0.33-acre lot, this property is brimming with potential for a wide range of business ventures. The building's current configuration offers ample room for customization, allowing future owners to tailor the space to their specific needs. Its prime location within Vernonia ensures high visibility and accessibility, making it an ideal spot for attracting customers and clients. The property's size and layout provide flexibility for various uses, from retail and office spaces to light industrial or service-based businesses. The 0.33-acre lot offers additional space for expansion, outdoor storage, or even potential development. This is a rare opportunity to acquire a well-situated commercial property in a thriving community with a strong sense of local pride. The asking price of $278,750 represents exceptional value for a property with such significant potential. Don't miss this chance to establish your business in a desirable location with a bright future. Serious inquiries are encouraged to explore the possibilities this property offers. The property is located in Vernonia, Oregon.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $180,000
- 7%
- $155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $185,000
- Mixed-Use
- $185,000
- Hospitality
- $200,000
- Educational
- $180,000
- Residential Income
- $165,000
- Energy
- $180,000
- Income-Based Land
- $190,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Vernonia
- County
- Columbia
- State
- Oregon
- Longitude
- -123.196
- Latitude
- 45.858
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA