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Property profile & analytics

48005 Highway 58 Oakridge, OR 97463

  • Commercial real estate
  • 0.19 lot acres
Value Estimation
Last Sale
Nov 24, 2020
$80,000
Location Intelligence
Property ID
US71-0860699
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 48005 Highway 58

Lot size
0.19 lot acres
Zone code
C3-HWY COMM DIST
Property type
Commercial real estate
APN
21-35-16-32-01700-000
APU
2135163201700000

Description

This exceptional commercial property, located at 48005 HIGHWAY 58 in Oakridge, Oregon, presents a unique investment opportunity. The 1,500 square foot building sits on a 0.19-acre lot and is currently occupied by a thriving Thai restaurant, providing immediate cash flow potential for the new owner. The property benefits from a recently replaced rubber roof, ensuring long-term durability and minimizing maintenance costs. The building's location in the scenic mountain setting of Oakridge offers a desirable atmosphere for both the current tenant and future occupants. This presents a strong opportunity for investors seeking a stable, income-generating asset in a picturesque location. The property's size and existing tenant make it an attractive proposition for those looking for a turnkey investment with minimal initial effort required. The building's solid construction and recent roof replacement contribute to its overall value and longevity. The current tenant's success demonstrates the viability of the location and the potential for continued profitability. This is an excellent chance to acquire a well-maintained commercial property in a sought-after area, offering both immediate income and long-term growth potential. The combination of a stable tenant, a recently updated roof, and a desirable location makes this a compelling investment opportunity. Serious inquiries are encouraged to explore this promising commercial venture further.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $100,000
  • CAP approach

    CAP return
    Estimation
    6%
    $105,000
    6.5%
    $100,000
    7%
    $110,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $105,000
    Geo Method
    $110,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $105,000
    Retail
    $110,000
    Mixed-Use
    $95,000
    Hospitality
    $95,000
    Educational
    $105,000
    Residential Income
    $85,000
    Energy
    $95,000
    Income-Based Land
    $100,000
    Food Service
    $80,000

Location Insight

  • Map
  • Local Demand
City
Oakridge
County
Lane
State
Oregon
Longitude
-122.469
Latitude
43.7454
CBSA code
21660
CBSA name
EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,242
$0.00
$0.00
$75,288
-
$76,038
$94,419
$170,457
More about this property
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