Property profile

128 20th St Pendleton, OR 97801

OFF-MARKET
Auto shops
Property ID
US71-0704139
960 SF 0.56 ac lot Built 1930
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.68-acre commercial property in Pendleton, Oregon, presents a unique investment opportunity. Strategically located next to Napa Auto Parts and directly across from Walmart and Taco Bell, this high-traffic location ensures maximum exposure for your business. The property comprises three contiguous tax lots totaling approximately 120' x 596', offering significant flexibility and development potential. The complex includes four buildings: a 960 square foot office space boasting excellent visibility, complemented by a 2400 square foot warehouse featuring a bathroom. This combined space sits on a 0.56-acre lot. A separate 0.57-acre lot houses a charming two-bedroom, one-bathroom residential home, ideal for on-site management or rental income. Finally, a 0.55-acre parcel includes an 832 square foot utility building, providing ample storage or workshop space. The entire property is situated in the heart of Pendleton's vibrant retail area, offering unparalleled access to a large customer base. This versatile property is perfect for a variety of commercial uses, from retail and warehousing to mixed-use development. The combination of prime location, multiple buildings, and ample land makes this an exceptional investment opportunity in a thriving Oregon community. The asking price is $450,000.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1930
Total area 960 SF
Lot 0.56 ac (24,371 SF)
Zoning code M-1
APN 2N3210BC02200
UPID US71-0704139

Cap rate & NOI

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

Location

128 20th St Pendleton, OR 97801-1804
Pendleton metro Census 950601 HERMISTON-PENDLETON, OR MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

Zoning & alternative use

M-1 · Pendleton, OR
Zoning description

Except as modified within applicable subdistricts, to provide, enhance and protect areas to accommodate a wide range of manufacturing and allied uses that need generally flat topography and easy access to arterials and i…

General category INDUSTRIAL

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
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