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    Property profile & analytics

    1240 Marine Dr Astoria, OR 97103-5612

    • Grocery and convenience stores
    • 4.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1055091
    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 1240 Marine Dr

    Year built
    1972
    Lot size
    4.07 lot acres
    Property type
    Grocery and convenience stores
    APN
    80918DC02500
    APU
    80918DC02500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Astoria
    County
    Clatsop
    State
    Oregon
    Longitude
    -123.842
    Latitude
    46.1719
    CBSA code
    11820
    CBSA name
    ASTORIA, 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
    $0.00
    $0.00
    $0.00
    $747,900
    -
    $1,290,169
    $1,791,328
    $3,081,497

    Comparable in this City

    • Value Estimation by Request
      0.80 Acres

      42930 Old Hwy 30

      GROCERY, SUPERMARKET • 0.80 Acres
      42930 Old Hwy 30, Astoria, OR 97103-8653
      View Details
    • Value Estimation by Request
      0.84 Acres

      40490 Old Hwy 30

      GROCERY, SUPERMARKET • 0.84 Acres
      40490 Old Hwy 30, Astoria, OR 97103-8224
      View Details
    • Value Estimation by Request
      0.29 Acres

      823 Marine Dr

      CONVENIENCE STORE • 0.29 Acres
      823 Marine Dr, Astoria, OR 97103-5825
      View Details
    • Value Estimation by Request
      0.13 Acres

      106 Marine Dr

      CONVENIENCE STORE • 0.13 Acres
      106 Marine Dr, Astoria, OR 97103-4324
      View Details
    • Value Estimation by Request
      0.59 Acres

      2260 Marine Dr, Unit 2264

      CONVENIENCE STORE • 0.59 Acres
      2260 Marine Dr, Astoria, OR 97103-3344
      View Details
    • Value Estimation by Request
      1.08 Acres

      2350 Marine Dr

      GROCERY, SUPERMARKET • 1.08 Acres
      2350 Marine Dr, Astoria, OR 97103-3300
      View Details

    Similar Nearby for Sale

    • $3,500,000

      Historic Astoria Hotel with Retail

      Boutique hotel with retail spaces in downtown Astoria, Oregon.
      449 14Th St, Astoria, OR 97103
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    • New
      $580,000
      3,654 SF

      Astoria Mixed-Use Office/Retail Building

      Prime Astoria building with high visibility and flexible zoning.
      750 Marine Dr, Astoria, OR 97103
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    • $995,000
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      Astoria Commercial Building Downtown Location

      Prime commercial building in downtown Astoria with income potential.
      1332 Commercial St, Astoria, OR 97103
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    • Contact for pricing
      15,000 SF

      Retail Property Near Marine Drive

      Two buildings with 15,000 SF on 1.31 acres.
      176 W Marine Dr, Astoria, OR 97103
      View Details
    • $825,000
      2,588 SF

      Brew Pub Opportunity For Sale

      Turn-key brew pub and restaurant with retail and wholesale.
      2703 Marine Dr, Astoria, OR 97103
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    • $2,900,000
      15,532 SF

      Astoria Retail Property For Sale

      Retail property available for purchase in Astoria, Oregon.
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    1240 Marine Dr
    Astoria, OR 97103-5612
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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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