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    Property profile & analytics

    1206 9th SE Ave Albany, OR 97322-4810

    • Turn key restaurants
    • 5,976 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0599129
    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

    • Ping's Garden Restaurant / Chinese Restaurant / Asian Restaurant

    Property Details for 1206 9th SE Ave

    Year built
    1996
    Property size
    5,976 SF
    Property type
    Turn key restaurants
    APN
    11S 03W 07AD 00100 A01
    APU
    11S03W07AD00100A01

    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
    -123.089
    Latitude
    44.6323
    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
    $13,120
    $0.00
    $0.00
    $658,700
    -
    $0.00
    $859,390
    $859,390

    Comparable in this City

    • Value Estimation by Request
      70,521 SF

      2218 Santiam SE Hwy

      RESTAURANT • 70,521 SF
      2218 Santiam SE Hwy, Albany, OR 97322-5205
      View Details
    • Value Estimation by Request
      2,825 SF

      3225 Santiam SE Hwy

      RESTAURANT • 2,825 SF
      3225 Santiam SE Hwy, Albany, OR 97322-5263
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    • Value Estimation by Request
      3,442 SF

      2845 Santiam SE Hwy

      RESTAURANT • 3,442 SF
      2845 Santiam SE Hwy, Albany, OR 97322-5255
      View Details
    • Value Estimation by Request
      1,848 SF

      2025 Santiam SE Hwy

      RESTAURANT • 1,848 SF
      2025 Santiam SE Hwy, Albany, OR 97322-4930
      View Details
    • Value Estimation by Request
      5,000 SF

      3435 Spicer SE Dr

      RESTAURANT • 5,000 SF
      3435 Spicer SE Dr, Albany, OR 97322-7039
      View Details
    • Value Estimation by Request
      1,120 SF

      1260 Price SE Rd

      RESTAURANT • 1,120 SF
      1260 Price SE Rd, Albany, OR 97322-7016
      View Details

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    • Contact for pricing

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      4,013 SF

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      Retail space adjacent to Heritage Mall, Albany, Oregon.
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      Heritage Mall Retail Space in Albany, OR

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      Retail Space with Highway Exposure

      Retail space available across from Heritage Mall with anchor retailers.
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    Property Visit Statistics

    • Visits by month
      41.5k
    • Visitors by month
      19.6k
    • Avg Time on site
      3 min
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    1206 9th SE Ave
    Albany, OR 97322-4810
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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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