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Property profile & analytics
OFF-MARKET Estimated value $650,000
Medical Office Space

1257 4th Ave Ontario, OR 97914-4516

4,205 SF 0.32 ac lot Built 1970
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US71-0712664
Property summary
AI-generated overview

This exceptional 0.32-acre commercial lot presents a remarkable investment opportunity in the thriving city of Ontario, Oregon. Located at 1257 SW 4th Ave., this property offers significant potential for a wide range of commercial ventures. The expansive lot provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its strategic location within Ontario ensures high visibility and accessibility, attracting significant foot traffic and convenient access for customers and employees. The property's general commercial zoning allows for a variety of uses, subject to city approvals, making it an ideal canvas for entrepreneurs and investors seeking to establish a strong presence in a growing market. The asking price of $695,000 reflects the property's prime location and development potential. This is a rare opportunity to acquire a substantial commercial lot in a desirable area, offering excellent returns on investment. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning regulations and development possibilities are readily available upon request. Don't miss this chance to secure a valuable piece of Ontario's commercial landscape.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1970
Total area 4,205 SF
Lot 0.32 ac (14,000 SF)
Zoning code O-C1
APN 18S4704CC 8004
UPID US71-0712664
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
  • Judson Ben OD Physician
  • Enyeart Ned a OD Physician
  • Lacie Spagnola Physician
  • Dr. Randy Norris Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k
Owner & transaction history
Lifeways INC · 3 yrs held
Lifeways INC
since 2022
Last sale
$650,000
1 recorded transaction
2022
$650,000
Zoning & alternative use
O-C1 · Ontario, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $405,000 +6.9%
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