Financial
Distress signals
Property profile

309 W 1St Ave Albany, OR 97321

FOR SALE
Investment properties
Property ID
US71-0526682
4,500 SF 0.06 ac lot Built 1890
Last sale Dec 2022 · $368,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$252k
Effective rate1.99%

Value estimate

· Sep 2026
$490k
$441k – $539k
CAP approach$820k
Submarket $/SF estimate$784k
NOI build-up
Gross scheduled income$95k
Vacancy & credit loss−$9k
Operating expenses−$32k
NOI · 8.86% cap applied$53k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$157/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$72 – $229
Qualifying comparables3

Cap rate analysis

How does the asset earn?
8.86%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.5
HVAC Service10.3
Kitchen & Bath10.0

Location

309 W 1St Ave Albany, OR 97321
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
129 1st NW, Albany, OR 97321-2221 $300,000 Nov 2024 4,488 SF
820 Pacific SE, Albany, OR 97321-3207 $1,000,000 May 2023 3,936 SF
333 1st NW, Albany, OR 97321-2225 $225,000 Jan 2022 4,025 SF
1533 7th SE, Albany, OR 97321-4807 $485,000 Nov 2021 5,816 SF
425 Ellsworth SW, Albany, OR 97321-2362 $325,000 Sep 2020 3,465 SF
939 Pacific SE, Albany, OR 97321-3150 $435,000 Sep 2019 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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