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    Property profile & analytics

    1032 2nd SE Ave Albany, OR 97321

    • Grocery and convenience stores
    • 2,680 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0784231
    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

    • Grocery and convenience stores

    Property Details for 1032 2nd SE Ave

    Year built
    1981
    Lot size
    0.17 lot acres
    Property size
    2,680 SF
    Property type
    Grocery and convenience stores
    APN
    11S 03W 06DD 05600
    APU
    11S03W06DD05600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.093
    Latitude
    44.6378
    CBSA code
    10540
    CBSA name
    ALBANY-LEBANON, 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
    $5,501
    $0.00
    $0.00
    $276,210
    -
    $155,600
    $226,120
    $381,720

    Comparable in this City

    • Value Estimation by Request
      2,592 SF

      6190 Pacific SW Blvd

      CONVENIENCE STORE • 2,592 SF
      6190 Pacific SW Blvd, Albany, OR 97321-3751
      View Details
    • Value Estimation by Request
      5,380 SF

      1005 Queen SW Ave

      CONVENIENCE STORE • 5,380 SF
      1005 Queen SW Ave, Albany, OR 97321-2147
      View Details
    • Value Estimation by Request
      2,484 SF

      628 Ellsworth SW St

      CONVENIENCE STORE • 2,484 SF
      628 Ellsworth SW St, Albany, OR 97321-2365
      View Details
    • Value Estimation by Request
      5,698 SF

      655 Albany NW Rd

      GROCERY, SUPERMARKET • 5,698 SF
      655 Albany NW Rd, Albany, OR 97321-1433
      View Details
    • Value Estimation by Request
      4,398 SF

      425 2nd SE Ave

      CONVENIENCE STORE • 4,398 SF
      425 2nd SE Ave, Albany, OR 97321
      View Details
    • Value Estimation by Request
      0.13 Acres

      Albany, OR 97321

      CONVENIENCE STORE • 0.13 Acres
      Albany, OR 97321
      View Details

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    Similar Nearby for Lease

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      Retail Space in Albany, Oregon

      Retail space available for lease in Albany, Oregon.
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    • $2,900 /Mo
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      Retail, Office, or Restaurant Space

      Versatile space suitable for retail, office, or restaurant use.
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      Class B Office Space Available

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    Property Visit Statistics

    • Visits by month
      8.8k
    • Visitors by month
      4.6k
    • Avg Time on site
      9 min
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    1032 2nd SE Ave
    Albany, OR 97321
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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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