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    Property profile & analytics

    101 Broadway Ave Milton-Freewater, OR 97862

    • Investment properties
    • 2,384 SF
    • 0.10 lot acres
    For Sale
    View listing
    $239,000
    Value Estimation
    Last Sale
    Feb 09, 2021
    $137,000
    Location Intelligence
    Property ID
    US71-0449618
    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

    • Investment properties

    Property Details for 101 Broadway Ave

    Year built
    1948
    Lot size
    0.10 lot acres
    Property size
    2,384 SF
    Zone code
    R-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5N3502DA06200
    APU
    5N3502DA06200

    Description

    This versatile 101 W Broadway Avenue commercial property in Milton-Freewater, Oregon, presents a unique investment opportunity. Priced at $239,000, this industrial building offers approximately [Note: Square footage is not provided, so this cannot be included] of adaptable space, previously utilized as a flower shop and cafe. The building's layout includes a half-bath, ample storage closets, a dedicated office area, and a desirable covered patio and yard space ideal for outdoor seating or expansion. Interior space is readily customizable for various retail or commercial uses, allowing for shelving, displays, and counter installations. Exterior features include prominent signage, convenient street-side parking, and large windows providing excellent natural light. Its central location in Milton-Freewater offers high visibility, situated next to the post office, near the golf course, high school, and Les Schwab Tire Center. The property's proximity to the new Key Boulevard Estates housing development (a short 6-minute drive) ensures a strong potential customer base. This property is zoned for commercial use and is ready for immediate occupancy. The building's adaptability and prime location make it an excellent choice for a variety of businesses seeking a thriving community setting. The property is located at 101 W Broadway Avenue, Milton-Freewater, OR 97862.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $120,000

    • CAP approach

      CAP return
      Estimation
      6%
      $125,000
      6.5%
      $135,000
      7%
      $150,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $135,000
      Geo Method
      $165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $110,000
      Retail
      $130,000
      Mixed-Use
      $125,000
      Hospitality
      $115,000
      Educational
      $135,000
      Residential Income
      $125,000
      Energy
      $115,000
      Income-Based Land
      $135,000
      Food Service
      $110,000

    Location Insight

    • Map
    • Local Demand
    City
    Milton Freewater
    County
    Umatilla
    State
    Oregon
    Longitude
    -118.396
    Latitude
    45.9369
    CBSA code
    25840
    CBSA name
    HERMISTON-PENDLETON, OR MICROPOLITAN 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
    $2,438
    $29,450
    $109,340
    $138,790
    -
    $9,950
    $182,370
    $192,320

    Comparable in this City

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    • Value Estimation by Request
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      85301 Hwy 11

      OFFICE/RESIDENTIAL (MIXED USE) • 2,881 SF
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      View Details

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    101 Broadway Ave
    Milton-Freewater, OR 97862
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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