1555 53Rd StCorvallis, OR 97333

Property Details for 1555 53Rd St

Year built

1998

Lot size

2.03 AC

Property size (Sq ft)

37,500 SF

Zone code

PD(CMU-2)

Property type

Retail properties

Property subtype

Outlet malls

APN

12504CC02901

APU

12504CC02901

Description

Sunset Shopping Center, located at 1555 SW 53rd St, Corvallis, Oregon 97333, presents a compelling retail investment opportunity in Benton County. This established shopping center offers a total of 164,769 square feet of retail space, currently comprised of two suites. There are 3,627 square feet of immediately available space, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,127 square feet. The property's strategic location in Corvallis provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The center's existing infrastructure and established presence within the community offer a turnkey solution for prospective tenants. This is an exceptional opportunity to establish or expand a retail presence in a high-traffic area of Corvallis, Oregon. The property is categorized as commercial retail with multiple tenancies. Interested parties are encouraged to inquire about lease terms and availability for the vacant space. The property's latitude and longitude coordinates are 44.5499841 and -123.3110361 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $10,127,165

  6.5%

  $9,348,152

  7%

  $8,680,427

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,884,134

  Geo Method

  $24,213,734

• Alternative Use

  Use

  Valuation

  Residential

  $7,885,516

  Hospitality

  $7,223,090

  Educational

  $6,009,526

  Medical

  $6,216,203

  Retail

  $9,348,152

Location Insight

City

Corvallis

County

Benton

State

Oregon

Latitude

44.5499

Longitude

-123.311

CBSA code

18700

CBSA name

CORVALLIS, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.