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Financial
Distress signals
Property profile

508 16th St La Grande, OR 97850

OFF-MARKET
Commercial real estate
Property ID
US71-1302211
46,305 SF 4.33 ac lot Built 2000
Last sale Feb 2024 · $6,782,542
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. ~ 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.

Debts

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?
$72k
Tax billed · 2023
Assessed value$4.07M
Assessed land$491k
Assessed improvement$3.58M
Effective rate1.77%

Value estimate

· Oct 2026
$6.79M
$6.11M – $7.46M
AI approach$6.79M
Submarket $/SF estimate$5.35M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$46 – $148

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LG-R3;HIGH DENSITY RES
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.4
Smoke and Vape Shop9.3
Tailor Shop9.3

Location

508 16th St La Grande, OR 97850-4400
County assessor Recorded deeds · 1 transfer 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
2610 Bearco, La Grande, OR 97850-5335 $1,264,000 Oct 2023 12,000 SF
2216 Adams, La Grande, OR 97850-3410 $440,000 Sep 2023 12,000 SF
1104 Jefferson, La Grande, OR 97850-2638 $500,000 Aug 2023 9,720 SF
1805th Adams, La Grande, OR 97850-3088 $795,000 Jul 2022 20,286 SF
1415 Jefferson, La Grande, OR 97850-2643 $100,000 Dec 2021 11,440 SF
63723 Industrial, La Grande, OR 97850-5515 $238,800 Oct 2021 16,000 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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