Property profile

125 1st Pl Hermiston, OR 97838

OFF-MARKET
Commercial real estate
Property ID
US71-0964173
2,280 SF 0.45 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,280 SF
Lot 0.45 ac (19,522 SF)
Zoning code C-1
APN 4N2810DA01500
UPID US71-0964173

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

125 1st Pl Hermiston, OR 97838-1748
Hermiston metro Census 951000 HERMISTON-PENDLETON, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2023
Last sale
$150,000
1 recorded transaction
2023
$150,000

Zoning & alternative use

C-1 · Hermiston, OR
Zoning description

(R-2). § 157.027 MEDIUM-HIGH DENSITY RESIDENTIAL ZONE (R-3). § 157.028 MULTI-STRUCTURE RESIDENTIAL ZONE (R-4). § 157.029 RECREATIONAL RESIDENTIAL ZONE (RR). Article IV COMMERCIAL ZONES § 157.040 CENTRAL COMMERCIAL ZONE (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 125 1st Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message