1257 4th Ave Ontario, OR 97914-4516
- Medical offices
- 4,205 SF
- 0.32 lot acres
Current Use by Public Records
- Judson Ben OD / Optometrist
- Enyeart Ned a OD / Optometrist
- Lacie Spagnola / Optometrist
- Dr. Randy Norris / Optometrist / Practitioner Service Location
Property Details for 1257 4th Ave
- Year built
- 1970
- Lot size
- 0.32 lot acres
- Property size
- 4,205 SF
- Zone code
- O-C1
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 18S4704CC 8004
- APU
- 18S4704CC8004
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $655,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $610,000
- 6.5%
- $615,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $555,000
- Geo Method
- $660,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $685,000
- Retail
- $685,000
- Mixed-Use
- $660,000
- Hospitality
- $715,000
- Educational
- $695,000
- Residential Income
- $680,000
- Energy
- $590,000
- Income-Based Land
- $575,000
- Food Service
- $535,000
Location Insight
- Map
- Local Demand
- City
- Ontario
- County
- Malheur
- State
- Oregon
- Longitude
- -116.983
- Latitude
- 44.0251
- CBSA code
- 36620
- CBSA name
- ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA
