Financial
Distress signals
Property profile

420 N Main St Prineville, OR 97754

FOR LEASE
Other commercial real estate
Property ID
US71-1923202
6,720 SF 0.27 ac lot Built 1950
Last sale Sep 2023 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a renovated taphouse located in downtown Prineville. It is configured for use as a taproom/food and beverage establishment and has been renovated with improvements consistent with an operational hospitality venue.

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?
$3k
Tax billed · 2023
Assessed value$201k
Effective rate1.60%

Value estimate

· Sep 2026
$795k
$716k – $875k
Submarket $/SF estimate$856k
NOI build-up
Gross scheduled income$242k
Vacancy & credit loss−$11k
Operating expenses−$69k
NOI · 9,251,028.57% cap applied$162k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$191/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$127 – $279

Cap rate analysis

How does the asset earn?
9,251,028.57%
$162k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
C1; CENTRAL COMMERCIAL
JurisdictionCROOK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.5
Kitchen & Bath13.3
Parking Facility12.9

Location

420 N Main St Prineville, OR 97754
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1851 3rd, Prineville, OR 97754-8106 $1,106,000 Jan 2026 4,306 SF
1565 3rd St Ste, Prineville, OR 97754-2909 $1,155,000 Jan 2025 4,800 SF
715 3rd, Prineville, OR 97754-1430 $770,000 Jun 2024 5,164 SF
380 Main, Prineville, OR 97754-1854 $630,000 Jun 2024 3,330 SF
208 Elm, Prineville, OR 97754-1945 $475,000 Mar 2024 3,717 SF
280 4th, Prineville, OR 97754-1943 $400,000 Oct 2023 7,980 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?”
More about this property
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