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Property profile & analytics
OFF-MARKET Estimated value $825,000
Office Spaces

1215 Main St Philomath, OR 97370

6,959 SF 0.3 ac lot Built 1900
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US71-0198750
Property summary
AI-generated overview

This exceptional 520 sq ft office space is ideally located on the first floor of the Main St Station building in downtown Philomath, Oregon. The suite boasts two private offices with natural light from exterior windows, a spacious reception area easily accommodating two small workstations, and a dedicated file/storage room. This single-tenant space offers a convenient and professional environment for businesses of various sizes. The property sits on a 0.31-acre lot and is part of a larger commercial building. For added space, an adjacent 225 sq ft suite (Suite 104) is available for an additional monthly rent. Additionally, a 260 sq ft shop bay is also available for lease, perfect for extra storage or a small vehicle (non-automotive repair use only). Ample parking is provided both on-site and on the street, complemented by a prominent monument sign for enhanced visibility. The property is located at 1215 Main St, Suite 100, Philomath, OR 97370, in Benton County. This versatile space presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located office in a thriving community. The property is classified as both office and land, offering flexibility for various business needs.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1900
Total area 6,959 SF
Lot 0.3 ac (13,068 SF)
Zoning code C-1
APN 12612CA04600
UPID US71-0198750
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • JD McGee, Inc. General Contractor
  • Lisa Burner, LLC Crisis Center Medical Clinic
  • Peak Hearing Systems Medical Clinic
  • Bardon CPA LLC Accounting Firm Tax Preparation
  • J&S Auto Wholesale, LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$824k
Blend (final) Blend
$825k
Owner & transaction history
Mcgee Properties LLC · 17 yrs held
Mcgee Properties LLC
since 2009
5 recorded transactions
2016
Price N/A
2009
$235,000
2005
$192,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Philomath, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-1 Central Commercial Allowed Uses C-2 General Commercial Allowed Uses O-R Office/Residential Allowed Uses (A) Bank or financial institution. (B) Church. (C) Day care centers, including family day care homes. (D) Drive-in or drive-through facilities.* (E) Funeral parlor. (F) Fraternal lodge. (G) Membership club. (H) Multifamily and row housing.* (I) Retail…

Zone name Downtown Commercial
General category MIXED_USE
Zone area 7.16 ac
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